HanesBrands Inks Multi Year Apparel Agreement With UCLA

RTTNews | 853 days ago
Stocktwits
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.

Tags: HBI
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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 | 697 days ago
UK House Prices Remain Flat In June: Halifax

UK House Prices Remain Flat In June: Halifax

UK house prices remained flat in June after falling last month as more first-time buyers returned to the market, data from the mortgage lender Halifax showed on Monday. House prices stagnated on a monthly basis, reversing May's 0.3 percent decrease. Prices were forecast to fall 0.1 percent. At the same time, annual growth in house prices softened to 2.5 percent from 2.6 percent in the preceding
RTTNews | 1h 3min ago
European Markets Seen Opening Mixed On Monday

European Markets Seen Opening Mixed On Monday

Stock markets in Europe are expected to open on a mixed note on Monday as relief at the extension of the tariff deadline to August 1 and warnings of fresh tariffs on countries that align with BRICS policies are both expected to sway sentiment.
RTTNews | 2h 11min ago
European Economic News Preview: Germany Industrial Output Data Due

European Economic News Preview: Germany Industrial Output Data Due

Industrial production from Germany and house prices from the UK are the top economic news due on Monday. At 2.00 am ET, Destatis is scheduled to issue Germany's industrial production for May. Industrial production is forecast to fall 0.6 percent month-on-month, slower than the 1.4 percent decrease in April. In the meantime, UK Halifax house price data is due.
RTTNews | 2h 50min ago
Australian Market Extends Early Losses In Mid-market

Australian Market Extends Early Losses In Mid-market

The Australian stock market is extending its early losses in mid-market trading on Monday, reversing the slight gains in the previous session, following the negative cues from European markets and lack of cues from Wall Street on Friday. The benchmark S&P/ASX 200 index is falling below the 8,600.00 level, with weakness in gold miners and financial stocks and a mixed performance most other sectors.
RTTNews | 4h 46min ago
Asian Markets Trade Mostly Lower

Asian Markets Trade Mostly Lower

Asian stock markets are trading mostly lower on Monday, following he broadly negative cues from European markets and lack of cues from Wall Street on Friday, amid ongoing concerns about U.S. tariffs after US President Donald Trump announced that his government will send letters to around 170 trading partners outlining new, simple unilateral tariffs that will take effect on August 1.
RTTNews | 5h 34min ago
Lower Open Anticipated For Thai Stock Market

Lower Open Anticipated For Thai Stock Market

The Thai stock market on Friday ended the four-day winning streak in which it had surged almost 50 points or 4.6 percent. The Stock Exchange of Thailand now sits just beneath the 1,120-point plateau and it's expected to see further downside on Monday.
RTTNews | 6h 16min ago
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