HanesBrands Inc HBI:NYSE

Last Price$10.54Cboe Real-Time Last Sale as of 3:31PM ET 8/15/22
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Today's Change-0.04(0.33%)
Bid (Size)$10.53 (822)
Ask (Size)$10.54 (1,800)
Day Low / High$10.49 - 10.85
Volume5.6 M

Hanesbrands, University of Southern California Enter 10-Year Apparel Agreement

9:01AM ET 6/23/2022 MT Newswires
Hanesbrands (HBI) said Thursday it entered into a long-term apparel collaboration with the University of Southern California.

The company said that the 10-year agreement will give it exclusive rights in the mass and mid-tier retail channels to develop collections of fan apparel.

The company said it will design, manufacture and distribute fan apparel for men, women, unisex, youth, infants and toddlers.

Financial terms of the partnership were not disclosed.

Shares rose 1.7% in premarket trading.

Price: 10.33, Change: +0.17, Percent Change: +1.67