Why Did Hanes Stand By Charlie Sheen For So Long?


The news that Hanesbrands Inc. (HBI) has officially severed its ties with actor Charlie Sheen comes as no surprise given the domestic violence charges facing the star of CBS Corp.'s (CBS) hit comedy Two and a Half Men. What is surprising is that it took the maker of T-shirts and underwear more than two weeks to make what would seem to be a no-brainer of a decision. That long pause was almost as strange as the now-suspended advertising campaign featuring Sheen and basketball great Michael Jordan.