Champion Sportswear is one of the world’s leading sportswear brands. Founded in 1919, Champion has been a leader in the sportswear industry for over 100 years. From its humble beginnings as a small company in Rochester, New York, Champion has grown to become a global leader in sportswear, with its products being sold in more than 100 countries around the world. But who owns Champion Sportswear?
Hanesbrands Inc. Acquired Champion Sportswear in 2006
In 2006, Hanesbrands Inc. purchased Champion Sportswear from Sara Lee Corporation. Hanesbrands is a global apparel company that manufactures and markets a variety of clothing and accessories, including sportswear and underwear. Since the acquisition, Hanesbrands has been the parent company of Champion Sportswear.
Hanesbrands Inc. is a Subsidiary of Berkshire Hathaway Inc.
Hanesbrands Inc. is a publicly traded company on the New York Stock Exchange (NYSE). However, Hanesbrands is also a subsidiary of Berkshire Hathaway Inc., the holding company of billionaire investor Warren Buffett. Berkshire Hathaway owns a majority stake in Hanesbrands, with Buffett’s company owning roughly 80 percent of the company’s shares.
Warren Buffett is the Largest Shareholder of Hanesbrands
As the largest shareholder of Hanesbrands, Warren Buffett is the ultimate owner of Champion Sportswear. Buffett is one of the most successful investors of all time, and his company Berkshire Hathaway has invested in several prominent companies, including Coca-Cola, Wells Fargo, and American Express.
Champion Sportswear Products are Available in Over 100 Countries
Champion Sportswear has come a long way since its founding in 1919. Today, the company’s products are available in more than 100 countries, and its global reach is continuing to expand. Champion has become a leader in the sportswear industry, and its products are worn by athletes, celebrities, and everyday people around the world.
Champion Sportswear is a Leader in the Global Sportswear Industry
Champion Sportswear is a leader in the global sportswear industry, and its products are worn by athletes, celebrities, and everyday people around the world. The company has been a leader in the sportswear industry for over 100 years, and its products are known for their quality and style. Champion Sportswear is owned by Hanesbrands Inc., which is a subsidiary of Berkshire Hathaway Inc., the holding company of billionaire investor Warren Buffett. With its products being sold in over 100 countries around the world, Champion Sportswear is a global leader in the sportswear industry.