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Hanesbrands HBI 2.70% has agreed to sell its embattled Champion sportswear business to Authentic Brands Group in a transaction valued at up to $1.5 billion. Hanesbrands said the divestiture of its ...
Authentic Brands Group, a global acquirer of apparel and home furnishings marketer, has emerged as a potential buyer of HanesBrands Inc.’s iconic Champion sportswear brand.
Authentic Brands Group has purchased Champion for a reported $1.2 billion. Shaquille O'Neal is the second-largest shareholder in the company ...
HanesBrands Inc. announced plans Wednesday to sell its iconic global Champion brand for between $1.2 billion and $1.5 billion to Authentic Brands Group.
Hanesbrands is considering a sale of its Champion line, and brand management firms WHP Global and Authentic Brands Group are both interested in buying it. The longtime retailer, best known for its ...