Champion is owned by Authentic Brands (the United States), which acquired the brand on 30 September 2024.[1][2] Champion was founded in 1919 in Rochester, New York and was independent until 2024.
This ownership is reported in official statements but has not yet been matched to a regulatory filing.
Champion invented the hooded sweatshirt in the 1930s for labourers working in cold warehouses, and the reverse weave construction that stops it shrinking lengthways. Authentic Brands acquired it in 2024 for about $1.2 billion. Its reverse weave construction turns the fabric ninety degrees so shrinkage happens across the width rather than the length, which is why the garments keep their shape.
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Authentic Brands acquired Champion from Hanesbrands for about $1.2 billion. Champion had invented the hooded sweatshirt in the 1930s for labourers working in cold warehouses, and its reverse weave construction is still the reason the garments keep their shape.
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The parent company of Champion is Authentic Brands, a privately held company headquartered in the United States.
Yes. Champion originated in the United States in 1919 and its owner, Authentic Brands, is also headquartered in the United States.
Authentic Brands completed its acquisition of Champion on 30 September 2024, after announcing the deal on 5 June 2024.
Champion was an independent company from its founding in 1919 in Rochester, New York until Authentic Brands acquired it in 2024.
Yes. As of 8 September 2026, Champion is still owned by Authentic Brands. The ownership record was last checked against primary sources on that date.
Last verified . Every ownership fact above is backed by one of these primary documents. Numbers in brackets in the text refer to this list.
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