Benzinga | Jan 19, 2022 11:09AM EST

Hanesbrands' Champion Launches Third Limited Edition Capsule In Muhammad Ali Collection

* Hanesbrands Inc's (NYSE:HBI) Champion brand has unveiled the third limited-edition capsule in Champion's Muhammad Ali Collection to commemorate his 80th birthday.

* Champion tapped streetwear designer Don C to design the capsule that celebrates Ali's illustrious career through the lens of pop culture from 1963 to 1972.

* The pieces feature luxurious material sourced from Italy and inspired by Champions of the 60s.

* This third drop is a part of the multi-year partnership between Champion and Muhammad Ali Enterprises, owned by Authentic Brands Group in conjunction with Lonnie Ali, a trustee of the Muhammad Ali Family Trust.

* The unisex collection retails from $250 - $550 and spans sizes XS - 2XL.

* Price Action: HBI shares are trading higher by 0.09% at $16.55 on the last check Wednesday.