The latest update is out from Hanesbrands ( (HBI) ).
Hanesbrands Inc. is set to sell the intellectual property and certain assets of its global Champion business to ABG-Sparrow IPCo LLC, with the deal involving top executive Vanessa LeFebvre’s departure upon its completion. This strategic move marks a significant shift in the company’s portfolio and management team, capturing the attention of those monitoring the ever-evolving dynamics of the financial markets.
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