HanesBrands CEO Says 30% of Our Inventory Is Tied Up in Transit, Much Higher Than Pre-Covid - NewsBreak

HanesBrands CEO Steve Bratspies told CNBC on Thursday that 30% of the apparel maker's inventory is tied up in transit. That's significantly higher level than pre-pandemic, reflecting the logistics challenges hampering the global economy. Even so, Bratspies said he believes HanesBrands is in a "good position" overall. HanesBrands CEO...