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Russell Corporation
Russell Brands, LLC was an American corporation that manufactured sports equipment, marketing its products under many brands and subsidiaries, such as Russell Athletic (its flagship brand) and Spalding. Formerly a publicly traded company, Russell Brands was acquired by Fruit of the Loom, a subsidiary of Berkshire Hathaway, in 2006.Acquisition of Russell Corporation Complete
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History


The beginning: Russell Manufacturing Co.


Russell Corp. established

The original "Russell Manufacturing Company", founded by Benjamin Russell in



Subsidiary
A subsidiary, subsidiary company or daughter company is a company owned or controlled by another company, which is called the parent company or holding company. Two or more subsidiaries that either belong to the same parent company or having a same management being substantially controlled by same entity/group are called sister companies. The subsidiary can be a company (usually with limited liability) and may be a government- or state-owned enterprise. They are a common feature of modern business life, and most multinational corporations organize their operations in this way. Examples of holding companies are Berkshire Hathaway, Jefferies Financial Group, The Walt Disney Company, Warner Bros. Discovery, or Citigroup; as well as more focused companies such as IBM, Xerox, and Microsoft. These, and others, organize their businesses into national and functional subsidiaries, often with multiple levels of subsidiaries. Details Subsidiaries are separate, distinct legal ...
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Champion (sportswear)
Champion (also stylized as Champion U.S.A.) is a brand of clothing, specializing in sportswear owned and marketed by American apparel company Hanesbrands (based in Winston-Salem, North Carolina), which was spun off by the Sara Lee Corporation in 2006. The company was originally based in Rochester, New York, prior to its acquisition by Sara Lee in 1989. Champion is Hanes' second-largest brand. Products manufactured and commercialised by Champion include casual wear clothing ( t-shirts, hoodies, sweatpants, leggings, shorts, jackets, undergarment), footwear (sandals, sneakers, socks), and accessories ( bags, hats, collectibles). History The company was established in 1919 by the Feinbloom Brothers as "Knickerbocker Knitting Company." The company soon signed an agreement with the Michigan Wolverines to produce uniforms for their teams. In the 1930s the company was renamed "Champion Knitting Mills Inc.", producing sweatshirts and hoodies. Soon after, Champion products ...
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Athletic Shoe
Sneakers (also called trainers, athletic shoes, tennis shoes, gym shoes, kicks, sport shoes, flats, running shoes, or runners) are shoes primarily designed for sports or other forms of physical exercise, but which are now also widely used for everyday casual wear. Since their popularization by companies such as Converse, Nike and Spalding in the mid 20th century, they have become attire, with variety growing in many global markets exponentially. Like other parts of the global clothing industry, manufacture of shoes is heavily concentrated in Asia with nine in ten shoes produced in that region. Contemporary sneakers are largely made from synthetic materials, and the materials and manufacturing process produce, on average, about of CO2 emissions. Some companies are trying to substitute more sustainable materials in their manufacture. About 90% of shoes end up in landfills at end of life. Names and etymology The shoes have gone by a variety of names, depending on geo ...
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BIKE Athletic Company
Bike Athletic Company is an American sportswear company with headquarters in Atlanta, Georgia. They invented the jockstrap in 1874 for bicyclists in Boston. The firm sold over 350 million jockstraps. The company later produced additional protective sports equipment such as multi-purpose knee pads, elbow pads, gloves, shoulder pads, uniform jerseys, and pants for football, basketball, baseball, and softball. At one time, Bike produced athletic shoes and a wider range of sports-related apparel. In 2001, Bike was the official helmet supplier of the XFL American football league. Almost every player in the XFL wore a helmet made by the company. As of 2003, Bike was part of the Russell Corporation, which is a subsidiary of Berkshire Hathaway. In the first quarter of 2017, Russell Brands Russell Brands, LLC was an American corporation that manufactured sports equipment, marketing its products under many brands and subsidiaries, such as Russell Athletic (its flagship bra ...
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T-shirt
A T-shirt (also spelled tee shirt), or tee, is a style of fabric shirt named after the T shape of its body and sleeves. Traditionally, it has short sleeves and a round neckline, known as a '' crew neck'', which lacks a collar. T-shirts are generally made of a stretchy, light, and inexpensive fabric and are easy to clean. The T-shirt evolved from undergarments used in the 19th century and, in the mid-20th century, transitioned from undergarment to general-use casual clothing. They are typically made of cotton textile in a stockinette or jersey knit, which has a distinctively pliable texture compared to shirts made of woven cloth. Some modern versions have a body made from a continuously knitted tube, produced on a circular knitting machine, such that the torso has no side seams. The manufacture of T-shirts has become highly automated and may include cutting fabric with a laser or a water jet. T-shirts are inexpensive to produce and are often part of fast fashion, leading to o ...
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Ball
A ball is a round object (usually spherical, but can sometimes be ovoid) with several uses. It is used in ball games, where the play of the game follows the state of the ball as it is hit, kicked or thrown by players. Balls can also be used for simpler activities, such as catch or juggling. Balls made from hard-wearing materials are used in engineering applications to provide very low friction bearings, known as ball bearings. Black-powder weapons use stone and metal balls as projectiles. Although many types of balls are today made from rubber, this form was unknown outside the Americas until after the voyages of Columbus. The Spanish were the first Europeans to see the bouncing rubber balls (although solid and not inflated) which were employed most notably in the Mesoamerican ballgame. Balls used in various sports in other parts of the world prior to Columbus were made from other materials such as animal bladders or skins, stuffed with various materials. As balls are one ...
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Warren Buffett
Warren Edward Buffett ( ; born August 30, 1930) is an American business magnate, investor, and philanthropist. He is currently the chairman and CEO of Berkshire Hathaway. He is one of the most successful investors in the world and has a net worth of over $100 billion as of November 2022, making him the world's sixth-wealthiest person. Buffett was born in Omaha, Nebraska. He developed an interest in business and investing in his youth, eventually entering the Wharton School of the University of Pennsylvania in 1947 before transferring to and graduating from the University of Nebraska at 19. He went on to graduate from Columbia Business School, where he molded his investment philosophy around the concept of value investing pioneered by Benjamin Graham. He attended New York Institute of Finance to focus his economics background and soon after began various business partnerships, including one with Graham. He created Buffett Partnership, Ltd in 1956 and his firm eventually ac ...
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Brooks Sports
Brooks Sports, Inc., also known as Brooks Running, is an American sports equipment company that designs and markets high-performance men's and women's sneakers, clothing, and accessories. Headquartered in Seattle, Washington, Brooks products are available in 60 countries worldwide. It is a subsidiary of Berkshire Hathaway. Brooks, founded in 1914, originally manufactured shoes for a broad range of sports. "White hot" in the mid-70s, the company faltered in the latter part of the decade, and filed for bankruptcy protection in 1981. In 2001, the product line was cut by more than 50% to focus the brand solely on running, and its concentration on performance technology was increased. Brooks Running became the top selling brand in the specialty running shoe market in 2011, and remained so through 2017 with a 25% market share. Brooks shoes have been named "Best Women's Running Shoe" and "Best Winter Running Shoe" by publications including ''Runner's World'' and ''Sports Illustrated.' ...
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Huffy
The Huffy Corporation is a supplier of bicycles with headquarters in Dayton, Ohio, United States. Early history It has its roots in 1887 when George P. Huffman purchased the Davis Sewing Machine Company and in 1890 moved its sewing machine factory from Watertown, New York, to Dayton, Ohio. The Davis Sewing Machine company made their first Dayton bicycle, in Dayton, Ohio, in 1892. In 1924, George's son, Horace M. Huffman Sr., founded the Huffman Manufacturing Company. From then until 1949, Huffman continued to manufacture and sell bicycles under the "Dayton" brand. During the 1930s, Huffman participated in the revival of the American cycling industry, during which Horace Huffman commented on a "change of attitude". Although Huffman dabbled in the high-end of the market, they never overcame their entry-level reputation. Post-War History In 1949, Huffman developed the Huffy Convertible, which was a children's bicycle with rear training wheels and foot steps. The invention of t ...
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Bike Athletic Company
Bike Athletic Company is an American sportswear company with headquarters in Atlanta, Georgia. They invented the jockstrap in 1874 for bicyclists in Boston. The firm sold over 350 million jockstraps. The company later produced additional protective sports equipment such as multi-purpose knee pads, elbow pads, gloves, shoulder pads, uniform jerseys, and pants for football, basketball, baseball, and softball. At one time, Bike produced athletic shoes and a wider range of sports-related apparel. In 2001, Bike was the official helmet supplier of the XFL American football league. Almost every player in the XFL wore a helmet made by the company. As of 2003, Bike was part of the Russell Corporation, which is a subsidiary of Berkshire Hathaway. In the first quarter of 2017, Russell Brands Russell Brands, LLC was an American corporation that manufactured sports equipment, marketing its products under many brands and subsidiaries, such as Russell Athletic (its flagship bra ...
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Mossy Oak
Mossy Oak is a West Point, Mississippi–based branded camouflage and outdoor lifestyle company founded by Toxey Haas in 1986. Mossy Oak is owned and operated by its parent company Haas Outdoors, Inc. History Haas, an avid outdoorsman, gained inspiration from the natural twigs, leaves, and dirt in the woods. He named it Mossy Oak, gathered up a handful and decided to find someone who could print a fabric resembling this. Crystal Springs Print Works in Georgia printed his first pattern, making an exception to their usual 10,000 yard fabric minimum, as Haas only had enough money for 800 yards. In 2000, the apparel operations for Haas Outdoors, Inc. were acquired by the Russell Brands Russell Brands, LLC was an American corporation that manufactured sports equipment, marketing its products under many brands and subsidiaries, such as Russell Athletic (its flagship brand) and Spalding. Formerly a publicly traded company, R ... for an undisclosed amount. This became known as ...
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Honduras
Honduras, officially the Republic of Honduras, is a country in Central America. The republic of Honduras is bordered to the west by Guatemala, to the southwest by El Salvador, to the southeast by Nicaragua, to the south by the Pacific Ocean at the Gulf of Fonseca, and to the north by the Gulf of Honduras, a large inlet of the Caribbean Sea. Its capital and largest city is Tegucigalpa. Honduras was home to several important Mesoamerican cultures, most notably the Maya, before the Spanish Colonization in the sixteenth century. The Spanish introduced Catholicism and the now predominant Spanish language, along with numerous customs that have blended with the indigenous culture. Honduras became independent in 1821 and has since been a republic, although it has consistently endured much social strife and political instability, and remains one of the poorest countries in the Western Hemisphere. In 1960, the northern part of what was the Mosquito Coast was transferred from ...
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