Following the lead of low-cost rival Gildan Activewearand others, HanesBrands is shifting its supply chain for fleece, sweatshirtsand pants, outerwear, T-shirts, sport shirts and sheer hosiery from plants inthe U.S. and Mexico to facilities in the burgeoning Caribbean Basin and CentralAmerica. The changes were disclosed to the public Winston-Salem, NC company(HBI)just a few days after it was spun-off from former parent Sara Lee Corp.

HBI will take $27 million in FY charges ($17 millionnon-cash) related to the supply chain shift, the majority for severance costsand accelerated depreciation of fixed assets. In the U.S., a Lumberton, NCfactory, which produces fabric for sport ... Log in to view full article.