Must Read: Hanesbrands to Sell Champion, A.P.C. And Katie Holmes Collaborate on Capsule Collection

These are the stories making headlines in fashion on Thursday.

Hanesbrands to sell Champion to Authentic Brands Group
On Wednesday, Hanesbrands said it would sell Champion to Authentic Brands Group — owner of Reebok, Vince, Herve Leger and many other labels — in a transaction valued at up to $1.5 billion. With this sale, Hanesbrands said it is aiming to “boost its debt reduction, optimize its supply chain and increase investments across its other brands,” The Wall Street Journal reported. This deal comes after several quarters of declining sales at Champion as well as a general rise in merger and acquisition activity. {The Wall Street Journal/paywalled}

A.P.C. x Katie Holmes is here
A.P.C. teamed up with Katie Holmes for a capsule collection of 12 feminine pieces and accessories that combine French elegance with New York chic. A fan of the brand since the ’90s, Holmes selected and reimagined garments from A.P.C.’s archives. “Bringing the inspiration from collections from the early 2000s and working to make them modern and relevant to the 2024 customer was such a joyful and satisfying experience,” Holmes said in a statement. See the campaign images photographed by Oliver Hadlee Pearch below, and shop the collection now on A.P.C.’s website. {Fashionista inbox}

Coachtopia launches fund to support Gen-Z sustainability leaders
Coach has launched the Coachtopia Catalyst Fund, a new initiative to support Gen Z-led environmental nonprofits and young leaders. Coachtopia will donate 1% of its annual revenues to three Gen Z-led organizations: Earth Guardians, Black Girl Environmentalist and Maya’s Ideas 4 the Planet. The brand is also partnering with Coach Foundation to host a Coachtopia x Dream It Real “Dream Day” in its offices on Thursday that will bring together more than 250 students, the Coachtopia Beta Community and its Catalyst Fund recipients to learn how to affect change in the environmental movement. {Fashionista inbox}

Toast opens its first U.S. store in Brooklyn
Toast, an English clothing and homewares brand, opened its first international and U.S. store in Brooklyn’s Boerum Hill neighborhood on Thursday at 367 Atlantic Avenue. The brand’s circular and craft programs like Reworn, Renewed, Exchange and Repair will also debut in the U.S. for the first time, in addition to the 2024 New Makers program. {Fashionista inbox}

Laura Kim partners with Crate & Barrel on home collection
Laura Kim, Monse co-founder and Oscar de la Renta co-creative director, is launching her first-ever line of tabletop and furniture pieces with Crate & Barrel. The line includes cookware, tableware, kitchen utensils, glassware and more. “I’m never interested in creating something that already exists,” Kim said in a statement. “Whether I’m designing for the runway or creating a recipe for a dinner party, I want to create something new. Partnering with Crate & Barrel allowed me to do just that, create unique pieces that bring a whimsical yet modern edge into your home.” Laura Kim for Crate & Barrel is available now in Crate & Barrel stores and on its website. {Fashionista inbox}

FibreTrace partners with Target and Cargill on real-time cotton verification
Fiber technology company FibreTrace teamed up with Target and Cargill to pioneer real-time verification of U.S. and Brazilian cotton within the global supply chain. Many industry players have little visibility on where, how or from what materials their products are made, so FibreTrace, Target and Cargill aim to mark more than 50,000 metric tons of U.S. and Brazilian cotton in the first year of their partnership. In early 2025, FibreTrace-marked Cargill cotton will be available in Target’s apparel and homewares. {Fashionista inbox}

Anthropologie debuts its first adaptive clothing collection
Anthropologie dropped its first-ever adaptive clothing collection on Wednesday, which is made up of eight pieces emulating pre-existing bestsellers with modified designs to increase accessibility through enhancing comfort for people with disabilities. These pieces were created with input from women with various disability experiences. Ranging in price from $48 to $148, the collection is available to shop now on Anthropologie’s website. {Marie Claire}

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Source: Fashionista.com