Amandine Mossaz

"HanesBrands said on Wednesday it would sell its sportswear brand Champion to Authentic Brands Group in a deal valued at $1.2 billion, as the company looks to streamline business and focus on its innerwear categories. Shares of HanesBrands surged 15.6% in premarket trading. The deal could reach up to $1.5 billion through an additional contingent cash consideration of up to $300 million based on achievement of performance thresholds. The acquisition of Champion, known for its athletic tops and hoodies, would help Authentic Brands to foray into the fast-growing sportswear business, as customers increasingly look to fill their wardrobes with casual and athleisure clothing that tends to be more comfortable and stylish." #authenticbrands #hanes #retail #mergersandacquisitions #finance #corporatefinance #equipmentfinance #financialservices #equipmentleasing https://lnkd.in/gfXqSFQd

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From Rags to Fashion Icon! The story of Polo Ralph Lauren Ralph Lauren has: -         Presence in 50+ countries -         344 Retail Stores across Globe -         7000 Store in Stores -         9,275 Distribution Centers -         23,300 people employed -         $7 Billion Dollar Revenue   Story of Ralph Lauren, a lower middle class Jewish Immigrant in US who went on to become the Global Fashion Trendsetter!   Early Life and Inspiration: Born as Ralph Lifshitz in the Bronx, New York, Ralph Lauren grew up in a working-class Jewish family. From a young age, he was fascinated by fashion and elegance, inspired by classic movies and the sophisticated style of Hollywood icons. This passion drove him to pursue a career in fashion. 🎥✨ Starting Out: After serving in the United States Army, Ralph worked as a sales assistant at Brooks Brothers. Noticing a gap in the market for stylish and high-quality men's ties, he designed his own line of ties under the label "Polo" in 1967. His unique designs quickly gained popularity. 🚀 Building a Brand: Ralph Lauren expanded his vision beyond ties, launching a full line of menswear under the Polo brand in 1968. His designs were characterized by their timeless elegance and classic American style. By the 1970s, he introduced women's wear, creating iconic pieces that redefined American fashion. 🕴️👗 The Polo Shirt Phenomenon: In 1972, Ralph Lauren introduced the Polo shirt, featuring the now-famous polo player logo. This shirt became a symbol of preppy style and casual sophistication, cementing Ralph Lauren's place in fashion history. The Polo shirt remains a best-seller to this day. 👕🏇 Expanding Horizons: Ralph Lauren continued to innovate and expand his brand, entering the home furnishings market in 1983 with the launch of Ralph Lauren Home. His collections, ranging from furniture to bed linens, brought his signature style into homes worldwide. 🏡🛋️ Going Public: In 1997, Ralph Lauren Corporation went public, listing on the New York Stock Exchange under the ticker symbol "RL." This move solidified Ralph Lauren's status as a major player in the global fashion industry, making his brand accessible to a wider audience. 📈💼 A Lifestyle Brand: Ralph Lauren's vision extended beyond fashion and home furnishings. He launched Ralph Lauren Fragrances, creating iconic scents like "Polo" and "Ralph." His brand became synonymous with a luxurious, aspirational lifestyle, encompassing everything from clothing to accessories and beyond. 🌟💐 Philanthropy and Legacy: Throughout his career, Ralph Lauren has been committed to giving back. He established the Ralph Lauren Corporate Foundation, supporting various causes, including cancer research, education, and the arts. His philanthropic efforts have made a significant impact on countless lives. 💖🎗️

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