Champion Forecast to Grow 32% in 2019
Hanesbrands management mapped out its plans to grow the $1.36 billion U.S. and international Champion business in a round table discussion at the Stifel investor conference. The brand’s meteoric 36% global growth in 2018 is expected to gain another 32% to surpass $1.75 billion in 2019, with about half of that in the U.S. and half from international. Despite the rapid growth, HBI has taken care to ensure that Champion does not become over-distributed, and has been carefully segmenting the product line to maximize appeal for a variety of channels such as streetwear-oriented retailers, sporting goods retailers and the mass ... Log in to view full article.