Activewear giant Hanesbrands is going to end one of its key contracts with Target Corp. for its Champion brand of activewear. Reporting a drop of 18.5 per cent in net profits in its second quarter, despite a 4.2 per cent increase in sales, Hanes said it would not be renewing its 15-year old contract for the exclusive line of C9 by Champion activewear apparel when the current contract expires at the end of January 2020.