Starbucks’ Stanley Promo Shows Power of Premium Brands

Starbucks just released a red holiday-themed Stanley 40 oz. cup, which retails for $49.95 and is reportedly flying off the shelves at Starbucks locations, as well as Starbucks locations within Target and Kroger stores. People have been waking up at the crack of dawn to get them (and in some cases sell them online).

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Hanesbrands Inc. Considers Champion Sale

Hanesbrands Inc., Winston-Salem, N.C., is reportedly interested in selling its Champion brand, with management firms WHP Global and Authentic Brands Group showing interest in buying it. According to CNBC, Hanes could decide to sell Champion in an effort to cut costs, after facing pressure from activist investors at Barington Capital Group. Champion reportedly sees annual…

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