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Market
How many new product lines will Authentic Brands Group introduce under the Champion brand by end of 2024?
5
Resolution / Starting Odds
More than 3 new product lines • 33%
1 to 3 new product lines • 33%
No new product lines • 33%
Product launch announcements from Authentic Brands Group, market analysis reports
Story
HanesBrands to Sell Champion to Authentic Brands for Up to $1.5 Billion, Stock Rises 16%
Jun 5, 2024, 12:19 PM
HanesBrands has agreed to sell its sportswear business, Champion, to Authentic Brands Group. The deal is valued at up to $1.5 billion, with some reports indicating a value of $1.2 billion. HanesBrands' stock has risen by 16% following the announcement on Wednesday. The transaction will see Authentic Brands Group acquiring the global Champion business, marking a significant strategic move for both companies.
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Similar markets
0 new flavors • 33%
1 new flavor • 33%
2 or more new flavors • 33%
No new products • 33%
1-2 new products • 33%
More than 2 new products • 34%
1-3 new products • 25%
4-6 new products • 25%
7-10 new products • 25%
More than 10 new products • 25%
Hair Care • 25%
Skin Care • 25%
Fragrance • 25%
Other • 25%
No new initiatives • 33%
One new initiative • 34%
More than one new initiative • 33%
New beer variety • 33%
New beer package (e.g., cans) • 33%
Merchandise or non-beer product • 33%
Launch of new healthy drink line • 25%
No new beverage launches • 25%
Reformulation of existing beverages • 25%
Focus on food products only • 25%
None • 25%
One • 25%
Two • 25%
Three or more • 25%
Launch similar products • 25%
No change in products • 25%
Increase marketing efforts • 25%
Lower prices of existing products • 25%