Hanesbrands has agreed to sell its embattled Champion sportswear business to Authentic Brands Group in a transaction valued at up to $1.5 billion. Hanesbrands said the divestiture of its second ...

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Following the sale of Champion, the company is looking to distinguish itself as a focused innerwear business, and some ...

These are the first layoffs directly tied to Hanes' forced sale of its Champion brand earlier this year. Hanesbrands is ...