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HanesBrands Inc

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

by Adrian Jhonsan
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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Categories World

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

by Adrian Jhonsan
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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Categories World

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

by Adrian Jhonsan
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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Categories World

Barington Capital Group Exerts Activist Pressure on Hanesbrands

by Craig Fedirighi
Barington Capital Group Exerts Activist Pressure on Hanesbrands

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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Categories Business

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