Champion sportswear sold in deal worth up to $1.5 billion
WEBJun 5, 2024 · Hanesbrands announced Wednesday that it will sell Champion to Authentic Brands Group in a deal worth up to $1.5 billion with performance incentives. Authentic owns brands such as Reebok, Forever...
HanesBrands Signs Agreement to Sell Global Champion Business …
WEBAug 8, 2024 · Transaction Valued at $1.2 Billion With Potential to Achieve $1.5 Billion Based on Contingent Cash Consideration of up to $300 Million. Increased Focus on Global Innerwear Business and Accelerated Debt Paydown Further Positions Company to Deliver Enhanced Value for Shareholders.
Hanesbrands to sell Champion brand to Authentic Brands in $1.2 ... - CNBC
WEBJun 5, 2024 · Hanesbrands has agreed to sell its Champion brand to Authentic Brands Group in a transaction valued at $1.2 billion, the company announced Wednesday.
Authentic Brands Group Agrees to Buy Champion From …
WEBApr 2, 2024 · Authentic Brands Group has an informal agreement to buy the distressed Champion label for a little more than $1 billion from Hanesbrands.
HanesBrands Signs Agreement to Sell Global Champion Business …
WEBWINSTON-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 the...
HanesBrands Is Selling Champion to Authentic in $1.2B Deal - WWD
WEBJun 5, 2024 · HanesBrands Inc. has finally crossed the finish line with Champion, cutting a deal to sell the active brand to Authentic Brands Group for $1.2 billion, with the chance to pull in up to another...
Champion® Athleticwear Unveils New Global Brand Campaign: “Champion …
WEBSep 13, 2023 · WINSTON SALEM, N.C.-- (BUSINESS WIRE)-- Today, Champion Athleticwear, makers of authentic athletic apparel since 1919, launched its new global brand campaign “ Champion What Moves You.”
HanesBrands sells Champion to Authentic Brands Group
WEBJun 6, 2024 · 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.
Hanesbrands receives broad interest for Champion sale
WEBNov 1, 2023 · Hanesbrands has seen wide interest in acquiring Champion from a mix of buyers, including WHP and Authentic Brands, according to people familiar with the matter. Interested potential buyers...
Hanesbrands to Sell Champion Brand for Up to $1.5 Billion
WEBJun 5, 2024 · Hanesbrands HBI 1.43% has agreed to sell its embattled Champion sportswear business to Authentic Brands Group in a transaction valued at up to $1.5 billion.