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HanesBrands Inc

Hanesbrands to sell Champion brand to Authentic Brands in $1.2 billion deal

by Anas Siddiqui
Hanesbrands to sell Champion brand to Authentic Brands in .2 billion deal

A shopper walks past the American sportswear fashion brand Champion store in Hong Kong. Budrul Chukrut | Getty Images Hanesbrands agreed to sell its global Champion business to Authentic Brands …

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Hanesbrands receives broad interest for Champion sale

by Anas Siddiqui
Hanesbrands receives broad interest for Champion sale

American sportswear fashion brand Champion store seen in Hong Kong. Chukrut Budrul | SOPA Images | Sipa via AP Images Brand management firms WHP Global and Authentic Brands Group are …

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Walmart bubble due to high-income grocery spending, warns Bill Simon

by Walter Watson
Walmart bubble due to high-income grocery spending, warns Bill Simon

Higher-income consumers may be creating a frothy situation at Walmart. Even though affluent shoppers helped drive the retailer’s latest beat on quarterly results, former Walmart U.S. CEO Bill Simon warns …

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Wolverine World Wide sells Sperry to Authentic Brands Group

by Anas Siddiqui
Wolverine World Wide sells Sperry to Authentic Brands Group

Sperry Top-Sider Bill fish Tan and Beige. Mayra Beltran | Houston Chronicle | Getty Images Wolverine World Wide has sold Sperry to brand management firm Authentic Brands Group and Canadian …

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Retailers cast doubt on Black Friday, holiday 2023 spending

by Anas Siddiqui
Retailers cast doubt on Black Friday, holiday 2023 spending

A person walks past a sales advertisement at Saks Off 5th department store ahead of the Thanksgiving holiday sales in Washington, D.C., on Nov. 21, 2023. Saul Loeb | AFP …

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Consumers buckling for first time in decade: Former Walmart U.S. CEO

by Walter Watson
Consumers buckling for first time in decade: Former Walmart U.S. CEO

The draw of bargains may be fading. As three of the nation’s biggest retailers kick off a key sales week, former Walmart U.S. CEO Bill Simon warns consumers are starting …

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Hanesbrands faces activist pressure from Barington Capital Group

by Anas Siddiqui
Hanesbrands faces activist pressure from Barington Capital Group

A customer at a Target store in Chicago, Illinois shops for Hanes underwear Tannen Maury | Bloomberg | Getty Images Activist investment firm Barington Capital Group is pressuring Hanesbrands to …

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