Shopping mall giant Westfield Corp ruled out trying to increase a $16 billion buyout from France’s Unibail-Rodamco SE after a decline in the European firm’s shares drove down the deal’s value, saying there was no Plan B.
HanesBrands has completed its acquisition of specialty intimates retailer Bras N Things, which operates a $144 million business throughout Australia, New Zealand and South Africa both in store and online.
China's economy cooled further last month, with industrial output, fixed asset investment and retail sales missing expectations as the government extended a crackdown on debt risks and factory pollution.
Hanesbrands saw sales climb 2 percent in the third quarter ended Sept. 30, to $1.8 billion, returning to organic sales growth, for the first time in eight quarters. The firm now expects full-year sales of $6.45 billion.