Hanes Reaches Tentative Sale Agreement for Champion Brand

After indicating at the end of 2023 that it would sell its Champion brand, Hanes seems to have a tentative buyer. Authentic Brands Group has reached an agreement to take Champion off of Hanes’ hands by the end of May or beginning of June, a source close to the deal told WWD. While the agreement…

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Aldi Is Making Branded Sneakers Now

Aldi, the grocery store that has brought you tongue-in-cheek Adidas knockoff apparel and other lines of branded apparel, in addition to low-priced groceries, is entering the footwear market with a new line of sneakers.

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