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Benzinga

Business

Shivani Kumaresan

EXPLAINED: Hanesbrands champion launches third limited edition capsule in muhammad ali collection | Rare Historical Photos

Champion HBI Lonnie Ali Hanesbrands Inc Italy NYSE

Hanesbrands Inc's (NYSE:HBI) Champion brand has unveiled the third limited-edition capsule in Champion's Muhammad Ali Collection to commemorate his 80th birthday.
Champion tapped streetwear designer Don C to design the capsule that celebrates Ali's illustrious career through the lens of pop culture from 1963 to 1972.
The pieces feature luxurious material sourced from Italy and inspired by Champions of the 60s.
This third drop is a part of the multi-year partnership between Champion and Muhammad Ali Enterprises, owned by Authentic Brands Group in conjunction with Lonnie Ali, a trustee of the Muhammad Ali Family Trust.
The unisex collection retails from $250 - $550 and spans sizes XS - 2XL.
Price Action: HBI shares are trading higher by 0.09% at $16.55 on the last check Wednesday.

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