All HanesBrands articles – Page 3
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Infographics & DataSporting Goods Scorecard Q2 2022 - The top performers by sales and profit
This exclusive chart and data can be downloaded by our Premium Members.
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ArticleMarket Analysis: The sports apparel market
This is an exclusive, yearly statistic available only to subscribers of SGI Europe. It includes revenue and market-share development, as well as a regional breakdown, of the major global sports apparel brands.
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News briefsHanesbrands’ ransomware attack cost $100 million in sales
Hanesbrands’ ability to order materials, make and ship orders, and process payments was negatively impacted during its second quarter due to a ransomware attack on the company’s information technology systems that was identified on May 24. The company was unable to fill customer orders for about three weeks. The Champion ...
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ArticleHanesbrands remains committed to Champion despite difficult quarter
Despite a challenging second quarter for the business, Hanesbrands continues to make global investments and possesses high aspirations for Champion activewear. Facing a difficult comparison, Champion, a significant part of the group’s activewear segment, posted a 25 percent sales decline. Overall, the group’s activewear segment suffered a 44 percent decline ...
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News briefsWolverine sells Champion footwear license to HanesBrands
Wolverine Worldwide has announced that its wholly-owned subsidiary Keds, LLC has sold the Champion trademarks for footwear in the U.S. and Canada to HanesBrands Inc (its licensee for over 35 years) for $90 million in cash. As part of the agreement, Wolverine retains a perpetual license to continue using the ...
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News briefsHanesbrands reports software attack, consequences yet unknown
Champion’s parent Hanesbrands Inc. has released an SEC filing informing the public of a ransomware attack on the company. The U.S. company has activated its response, and business continuity plans to contain the incident. According to the statement, the company has notified the appropriate law enforcement agencies and cooperates with ...
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News briefsLeFebvre takes over as HanesBrands’ president of global activewear
HanesBrands, the owner of the Champion brand, has appointed Vanessa LeFebvre as president of global activewear. In this role, LeFebvre will be responsible for the planned growth of Champion, focusing on product innovation, key markets and new distribution channels. She joins the group from Adidas, where she has been senior ...
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News briefsChampion brand sales hampered by supply challenges
Champion constant currency global revenues increased 6 percent in the first quarter (3 percent on a reported basis) due to strong growth in the collegiate channel but would have risen 14 percent without product supply challenges that impacted parent HanesBrands, Inc. Brand sales outside the U.S. were 10 percent higher ...
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ArticleHanesBrands releases 2021 sustainability report
U.S.-based HanesBrands Inc, the owner of brands such as Champion, Hanes and Bonds, has released its 2021 Sustainability Summary Report, outlining progress and plans to achieve ambitious sustainability goals by 2030. “At HanesBrands, sustainability is integrated into everything we do – from our iconic brands to sourcing our materials to ...
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AnalysisSporting Goods Industry Scorecard 2021
Exclusive: We give you an overview of top performers by sales and profit.
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ArticleRam quits Champion’s parent to run Clarks
Shortly after HanesBrands announced that Jonathan Ram is leaving as president of global activewear on March 31 to take a position with another company and to be closer to his family, Clarks announced in turn that he would be the British company’s new CEO in April, taking the place of ...
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News briefsChampion extends lacrosse commitment in the U.S.
Champion has signed a five-year agreement to serve as the official field and sideline apparel partner of the U.S. Premier Lacrosse League (PLL). The partnership extends the Hanesbrands-owned company’s one-year contract in the same capacity. The brand intends to fully integrate into the PLL’s youth lacrosse ecosystem by offering customized ...
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ArticleChampion grew strongly in Q3
Hanesbrands reported increases in its global sales of Champion products of 20 percent in absolute terms and 33 percent excluding discontinued operations such as the C9 mass market program in the U.S., during the third quarter ended Oct. 2, with balanced performances between the U.S. and the rest of the ...
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Infographics & DataInternational sports apparel market 2020
This chart shows the revenues, growth and market share of the top 26 sports apparel brands in 2020 vs. 2019. The chart and data can be downloaded. This is exclusive data and analysis for Premium Members.
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AnalysisMarket Analysis: The sports apparel market
This is an exclusive, yearly statistic only available for subscribers of SGI Europe. It includes revenue and market share development of the major global sports apparel brands including breakdown by region.
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News briefs
New CFO for Champion’s parent
Hanesbrands, the parent company of Champion, has hired a new chief financial, Michael Dastugue, who previously served in a similar position at Walmart and J.C. Penney. He will report to the group’s new CEO, Steve Bratspies, as he is implementing a new “Full Potential” strategic restructuring plan, which calls for ...
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ArticleSporting goods industry stocks rose by 10.9% in Q1 2021
Confirming the resilience of our industry, the average stock market value of 38 selected public companies in the sporting goods sector advanced by 10.9 percent in the first three months of 2021. Comparatively, the main stock indices grew by only between 2.4 percent and 8.5 percent over the period.
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Article
Better-than-expected sales for Champion’s parent company
Hanesbrands, the parent company of Champion USA, saw its revenues for the fourth quarter grow by 2.9 percent to $1.8 billion, led by Champion. The revenues were well ahead of Wall Street’s consensus of $1.6 billion and caused the share price to surge by 25 percent. However, the company ended ...
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ArticleHanesbrands Q2 sales are almost flat from last year, despite the pandemic
Hanesbrands, the parent company of Champion and other apparel brands, posted revenues of $1.74 billion in the second quarter ended June 27, only slightly down from $1.76 billion in the second quarter a year ago, despite market disruption from the Covid-19 pandemic. Excluding sales of $119 million from the now ...
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News briefs
Hanesbrands will soon have a new CEO
Champion’s parent company, Hanesbrands, has appointed Stephen B. Bratspies as its new chief executive, granting him a seat on its board of directors. He will be taking these posts on Aug. 3, thereby succeeding Gerald W. Evans Jr., who already announced his retirement after 37 years with the company, staying ...
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