Report: Authentic Brands Group to Acquire Champion
The licensing juggernaut has won the bidding for Hanesbrands’ iconic activewear brand, and will pay “a little more than $1 billion” according to WWD, citing a source close to the matter. Other companies interested in Champion reportedly included Delta Galil, Sycamore Partners, G-III Apparel and WHP Global. HBI retained Goldman Sachs and Evercore last ... Log in to view full article.
