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Hanesbrands to sell Champion brand to Authentic Brands in $1.2 billion deal
![Hanesbrands to sell Champion brand to Authentic Brands in $1.2 billion deal](https://www.financialgazette.co.uk/wp-content/uploads/2024/06/3160-hanesbrands-to-sell-champion-brand-to-authentic-brands-in-1-2-billion-deal-850x560.jpeg)
Hanesbrands to sell Champion brand to Authentic Brands in $1.2 billion deal
Hanesbrands has agreed to sell its Champion brand to Authentic Brands Group in a transaction valued at $1.2 billion, the company announced Wednesday.