Champion had been nearly ubiquitous in the 1990s; by the late 2000s the market had fragmented and its sweatshirts had lost relevance.

Rather than launch a new image, Champion leaned into its heritage fleece and its catalog of collaborators, marrying the Reverse Weave with Supreme, Undefeated, Vetements, A Bathing Ape, Wood Wood and more.

The collabs kept the name in the conversation and let Champion's product be re-contextualized as streetwear, while the main collection stayed at accessible price points — 'like having a new brand with a hundred-year history.'

The strategy scaled: by 2017 Champion hit $1B, and in 2018 global Champion revenue outside the mass channel grew more than 50% to $1.36B, with Europe and Asia leading the way.

Champion's sales outside the mass channel rose 50%+ year over year to $1.36B in 2018, from about $1B in 2017, driven by Europe and Asia as well as the US.

The Reverse Weave fleece and century-old archive gave it authentic heritage.

Streetwear designers wanted a legacy uniform to reinterpret.

Kept the core line cheap and broad, so collab heat did not become a niche.

Activewear and athleisure were rising while general apparel stagnated.

A dormant brand can be revived by borrowing credibility from others; deliberate capsule collabs keep a name alive while the core range stays accessible.

Champion became a core growth driver for parent HanesBrands, which in 2024 sold the global Champion business to Authentic Brands Group for a transaction value of $1.2B, with up to $300M more contingent on performance, to simplify and pay down debt.

FOLLOW THE EVIDENCE

The sources

  1. How Champion Became One of the Coolest Brands Around—Again esquire.com
  2. Hanesbrands Reports Strong Holiday Sales Growth fool.com
  3. HanesBrands Completes Sale of Global Champion Business to Authentic Brands Group nasdaq.com
  4. Hanesbrands to sell Champion brand to Authentic Brands in $1.2 billion deal cnbc.com