HanesBrands Inks Multi Year Apparel Agreement With UCLA

RTTNews | hace 720
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

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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 | hace 565
Europe New Car Registrations Decline In January

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RTTNews | hace 5h 20min
China Maintains Medium-Term Lending Facility Rate

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The People's Bank of China conducted one-year medium-term lending facility operations on Tuesday and the interest rate on MLF was kept unchanged. The central bank issued CNY 300 billion of one-year MLF at a rate of 2.0 percent. The interest rate was unchanged from the previous operation.
RTTNews | hace 5h 59min
European Economics News Preview: Germany GDP Data Due

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RTTNews | hace 6h 33min
Bank Of Korea Cuts Policy Rate By 25 Bps

Bank Of Korea Cuts Policy Rate By 25 Bps

The Bank of Korea reduced its benchmark rate by a quarter-point on Tuesday as domestic political unrest and trade policies of the US government weighed on domestic demand and economic growth. The monetary policy board, governed by Rhee Chang Yong, decided to lower the Base Rate by 25 basis points to 2.75 percent. The decision matched expectations.
RTTNews | hace 7h 8min
Sensex, Nifty Modestly Higher In Cautious Trade

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Indian shares were slightly higher in cautious trade on Tuesday after having suffered heavy losses in the previous session on tariff worries and apprehensions over the artificial intelligence-driven narratives.
RTTNews | hace 8h 20min
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