HanesBrands Inc HBI:NYSE

Last Price$10.64NYSE Previous Close - Last Trade as of 7:00PM ET 8/18/22

Today's Change-0.16(1.48%)
Bid (Size)$10.10 (1)
Ask (Size)$10.90 (1)
Day Low / High$10.55 - 10.81

Wolverine World Wide Sells 'Champion' Trademarks in US and Canada for $90 Million

5:25PM ET 6/30/2022 MT Newswires
Wolverine World Wide (WWW) said Thursday that its Keds subsidiary has sold the "Champion" trademarks for footwear in the US and Canada to HanesBrands (HBI) for $90 million in cash.

Wolverine World Wide retains a perpetual license to continue using the "Champion" trademark on certain footwear, the company said, adding that the transaction also resolves outstanding litigation between the parties.

Price: 20.16, Change: +0.01, Percent Change: +0.04