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  2. www.cnn.com › 2024/06/05 › investingChampion sportswear sold in deal worth up to $1.5 billion - CNN

    Jun 5, 2024 · Champion, the more than century-old sportswear brand, has a new owner. Hanes has been under pressure from activist investors to cut costs. Known for its underwear brands and basic clothing...

  3. en.wikipedia.org › wiki › Champion_(sportswear)Champion (sportswear) - Wikipedia

    Champion (also stylized as Champion U.S.A.) is a brand of clothing, specializing in sportswear owned and marketed by American apparel company Hanesbrands (based in Winston-Salem, North Carolina), which was spun off by the Sara Lee Corporation in 2006.

  4. corporate.authentic.com › press-releases › authenticAuthentic Brands Group to Acquire Iconic Champion Brand

    Jun 5, 2024 · Authentic Brands Group “Authentic,” a global brand development, marketing, and entertainment platform, has signed a binding agreement to purchase the Champion Athleticwear brand and business from HanesBrands (NYSE:HBI).

  5. wwd.com › business-news › mergers-acquisitionsAuthentic Brands Group Agrees to Buy Champion From Hanesbrands

    Apr 2, 2024 · Champion, started in 1919 by the Feinbloom brothers as the Knickerbocker Knitting Company, became a full line of men’s and women’s athletic apparel that included activewear, sweats, Ts, sports...

  6. fashionunited.com › executive › managementAuthentic Brands Group acquires Champion - FashionUnited

    Jun 5, 2024 · Authentic Brands Group (Authentic), which counts Reebok, Ted Baker and Quiksilver among its brand portfolio, has confirmed it's acquiring the Champion Athleticwear brand and business from HanesBrands for 1.2 million US dollars.

  7. finance.yahoo.com › news › hanesbrands-signsHanesBrands Signs Agreement to Sell Global Champion Business ...

    Jun 5, 2024 · WINSTON-SALEM, N.C., June 05, 2024 -- (BUSINESS WIRE)--HanesBrands (NYSE: HBI), a global leader in iconic apparel brands, today announced that it has entered into a definitive agreement to sell...

  8. www.fashiondive.com › news › authentic-buys-championHanesBrands sells Champion to Authentic Brands Group

    Jun 6, 2024 · Dive Brief: Authentic Brands Group will acquire the Champion brand and business from HanesBrands in a deal valued at $1.2 billion, with the potential to reach $1.5 billion in performance based earnouts, according to a press release Wednesday.