For the third quarter HanesBrands’ sales increased 5.8 per cent. HanesBrands is a US-based global marketer of branded everyday basic apparel. International sales improved six per cent. Global Champion brand sales increased 33 per cent over last year’s third quarter, driven by strong consumer demand across channels in the US and continued growth in Europe, and the ramp-up of partners in China.

On the other hand, US innerwear sales went up 12 per cent due to the combination of strong consumer demand across the company’s brand portfolio as well as the impact from pent-up consumer demand fuelling category growth rates above historical levels. Gross profit during the third quarter escalated to $699.6 million while operating profit rose to $234.6 million. Additionally income from operations increased to $176.7 million. By segment, the innerwear business fell 11 per cent whereas active wear sales surged 42 per cent driven by strong double-digit growth in both the Champion and Hanes brands.

The American clothing company anticipates a three per cent sales growth during the fourth quarter. It continues to make progress on its full potential plan as it invests in its iconic brands, builds talent, enhances e-commerce capabilities and modernizes its technology.