HanesBrands Inks Multi Year Apparel Agreement With UCLA

RTTNews | vor 807 Tagen
HanesBrands Inks Multi Year Apparel Agreement With UCLA

(RTTNews) - HanesBrands (HBI), the world's largest supplier of collegiate fan apparel, and the University of California, Los Angeles or UCLA, announced Tuesday a multi-year apparel agreement that gives HBI exclusive rights to design, manufacture and distribute high-quality, on-trend Bruins fanwear in the mass retail channel.

HanesBrands will develop exclusive collections featuring men's, women's, unisex, youth, infant and toddler fan apparel.

The agreement starts in 2024, ahead of the school's highly anticipated move to the Big Ten Conference, where it will compete to extend its record-breaking 120 NCAA team national championships.

UCLA joins 30 other top-tier schools with exclusive, mass-retail channel agreements with HanesBrands, including the University of Michigan, Clemson and Penn State.

In addition, more than a dozen leading universities have primary apparel partnerships with the company, including the University of Texas, The Ohio State University and the University of Georgia.

The agreement between HanesBrands and UCLA Trademarks and Licensing, an enterprise of Associated Students UCLA, follows a detailed analysis of the UCLA trademark licensing program and a competitive proposal process completed in conjunction with the university's exclusive licensing agent, CLC.

read more
HanesBrands Slashes FY23 Outlook - Update

HanesBrands Slashes FY23 Outlook - Update

While reporting financial results for the second quarter on Thursday, basic apparel maker HanesBrands, Inc. (HBI) provided earnings and net sales guidance for the third quarter, and lowered its earnings and sales forecast for the full-year 2023.
RTTNews | vor 651 Tagen
Eurozone Private Sector Shrinks For First Time In 5 Months

Eurozone Private Sector Shrinks For First Time In 5 Months

The euro area private sector logged a renewed fall in May due to a sharp downturn in services activity, flash purchasing managers' survey compiled by S&P Global showed on Thursday. The flash composite output index fell to 49.5 in May from 50.4 in April. The score fell below the 50.0 no-change mark for the first time in five months.
RTTNews | vor 3 Minuten
Euro Falls Against Majors

Euro Falls Against Majors

The euro weakened against other major currencies in the Asian session on Thursday.
RTTNews | vor 11 Minuten
CAC 40 Down Nearly 1% On Growth Concerns

CAC 40 Down Nearly 1% On Growth Concerns

French stocks are drifting lower on Thursday amid rising concerns over a deteriorating U.S. fiscal outlook, a lack of clarity on tariff negotiations. Data showing a notable drop in France's manufacturing sentiment index is also weighing on stocks.
RTTNews | vor 31 Minuten
DAX  Down Nearly 0.9% As U.S. Debt Concerns Weigh

DAX Down Nearly 0.9% As U.S. Debt Concerns Weigh

German stocks are down in negative territory on Thursday, weighed down by concerns about U.S. debt, mixed economic data, and uncertainty surrounding tariffs. A sell-off in U.S. Treasuries amid deficit fears due to stalled budget bill negotiations hurts as well.
RTTNews | vor 1Std 0 Minuten
Walmart To Cut 1,500 Corporate Jobs In Cost-cutting Efforts

Walmart To Cut 1,500 Corporate Jobs In Cost-cutting Efforts

Amid a challenging retail environment, due to fierce competition along with ongoing tariff issues, retail behemoth Walmart Inc. is planning to cut around 1,500 corporate jobs in the United States as part of its restructuring, media reported citing a memo. The multinational chain of hypermarkets, discount department stores, and grocery stores' efforts to simplify its operations...
RTTNews | vor 1Std 55 Minuten