December 23, 2024

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

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.