Hanesbrands Inc. Reports Record Quarterly Cash Flow, Double-digit Growth

Hanesbrands Inc., Winston-Salem, N.C., released its third-quarter financial results, which included net sales growth of 11 percent, record cash flow from operations (reaching $337 million) and double-digit earnings-per-share growth. For the quarter ended Oct. 1, net sales reached $1.76 billion, which the company attributed to organic innerwear growth and acquisition-related international growth. “As forecasted, we…

Read More

Donald Trump Spent More on Hats than Polling

We knew that Donald Trump’s campaign spent more money on promotional products than televised ads in June, choosing to let his iconic “Make America Great Again” caps do a lot of the advertising for him. We also knew that, at least during the Republican primaries, his campaign allocated 75 percent of its total spending on marketing.…

Read More

American Apparel Reportedly Ready to File for Bankruptcy Again

Last week, we reported that American Apparel was generating interest from apparel licensors, and that a potential bankruptcy in the future could be a catalyst toward that sale. It seems that the ball is rolling, as Bloomberg reported that the Los Angeles-based apparel company is planning its second bankruptcy filing in two years. Sources close…

Read More

Delta Airlines Integrates Luggage Tag Tracking Into App

Anyone who has lost their luggage during a trip knows that it’s not fun. There’s that sinking feeling of showing up to the luggage carousel and waiting in vain for a bag that’s hundreds of miles away. Previously, Delta Airlines worked to alleviate this issue by introducing luggage…

Read More

Chicago Cubs Treat Famous Fans with Gift Box

After what many believe to be a few cursed decades, the Chicago Cubs have made it to the World Series. And, to celebrate the fans that have stuck by them, the team sent gift boxes to some well-known Cubs supporters, like Chicago Bears receiver Alshon Jeffery, former Chicago Bulls player Scottie Pippen, WNBA player Elena…

Read More

Apple Is Suing Over Fake Chargers

Apple filed a lawsuit last week against Mobile Star LLC, claiming that it sold knock-off charging cables for Apple devices to Amazon. Apple stated that the fake cables put customers at risk, and requested a permanent injunction against Mobile Star LLC, damages and a trial, according to Motherboard. “These counterfeits have the potential to overheat,…

Read More