HanesBrands Inc

Hanesbrands to sell Champion brand to Authentic Brands in $1.2 billion deal

Hanesbrands agreed to sell its global Champion business to Authentic Brands Group in a transaction valued at $1.2 billion, including…

Affluent consumers are creating a ‘bubble’ at Walmart, warns retailer’s former U.S. CEO Bill Simon

Higher-income consumers may be creating a frothy situation at Walmart. Even though affluent shoppers helped drive the retailer’s latest beat…

Consumers starting to buckle for first time in a decade, former Walmart U.S. CEO Bill Simon warns

The draw of bargains may be fading. As three of the nation’s biggest retailers kick off a key sales week,…