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Champion

American athletic apparel. Reverse Weave hoodies, collegiate athletic wear.

Status: Avoid
Founded
1919
Website
champion.com
HQ
USA
Manufacturing
Various
Ownership type
Brand licensing (ABG-style)
Parent
Authentic Brands Group
Acquired
2024 (from HanesBrands)

Ownership

Acquired by ABG from HanesBrands in October 2024 for $1.2B. US sales had been dropping (23% in Q4 2023) prior to the deal. ABG has announced plans to convert the brand to a licensed model.

Why Avoid

Recent ABG acquisition with announced plans to shift to the licensing model. Expect the same brand-equity-extraction pattern already visible at Brooks Brothers and Eddie Bauer.

Sister brands under Authentic Brands Group

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