Hanesbrands Announces $1.2 Billion Sale of Champion Brand to Authentic Brands Group
Wednesday, 5 June 2024, 13:13
Hanesbrands has agreed to sell its Champion brand to Authentic Brands Group in a transaction valued at $1.2 billion.
This sale represents a significant strategic move for Hanesbrands.
The transaction underlines the value and potential of the Champion brand.
- The deal signifies a transformational shift in the fashion industry landscape.
This move by Hanesbrands is set to have a lasting impact on the market.
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