Just a note; let's say you have a file like this (such line endings are generated by git remote reports):
echo -e "remote: * 27625a8 (HEAD, master) 1st git commit\x1b[K
remote: \x1b[K
remote: \x1b[K
remote: \x1b[K
remote: \x1b[K
remote: \x1b[K
remote: Current branch master is up to date.\x1b[K" > chartest.txt
In binary, this looks like this: 
$ cat chartest.txt | hexdump -C
00000000  72 65 6d 6f 74 65 3a 20  2a 20 32 37 36 32 35 61  |remote: * 27625a|
00000010  38 20 28 48 45 41 44 2c  20 6d 61 73 74 65 72 29  |8 (HEAD, master)|
00000020  20 31 73 74 20 67 69 74  20 63 6f 6d 6d 69 74 1b  | 1st git commit.|
00000030  5b 4b 0a 72 65 6d 6f 74  65 3a 20 1b 5b 4b 0a 72  |[K.remote: .[K.r|
00000040  65 6d 6f 74 65 3a 20 1b  5b 4b 0a 72 65 6d 6f 74  |emote: .[K.remot|
00000050  65 3a 20 1b 5b 4b 0a 72  65 6d 6f 74 65 3a 20 1b  |e: .[K.remote: .|
00000060  5b 4b 0a 72 65 6d 6f 74  65 3a 20 1b 5b 4b 0a 72  |[K.remote: .[K.r|
00000070  65 6d 6f 74 65 3a 20 43  75 72 72 65 6e 74 20 62  |emote: Current b|
00000080  72 61 6e 63 68 20 6d 61  73 74 65 72 20 69 73 20  |ranch master is |
00000090  75 70 20 74 6f 20 64 61  74 65 2e 1b 5b 4b 0a     |up to date..[K.|
0000009f
It is visible that git here adds the sequence 0x1b 0x5b 0x4b before the line ending (0x0a).
Note that - while you can match the 0x1b with a literal format \x1b in sed, you CANNOT do the same for 0x5b, which represents the left square bracket [:
$ cat chartest.txt | sed 's/\x1b\x5b//g' | hexdump -C
sed: -e expression #1, char 13: Invalid regular expression
You might think you can escape the representation with an extra backslash \ - which ends up as \\x5b; but while that "passes" - it doesn't match anything as intended:
$ cat chartest.txt | sed 's/\x1b\\x5b//g' | hexdump -C
00000000  72 65 6d 6f 74 65 3a 20  2a 20 32 37 36 32 35 61  |remote: * 27625a|
00000010  38 20 28 48 45 41 44 2c  20 6d 61 73 74 65 72 29  |8 (HEAD, master)|
00000020  20 31 73 74 20 67 69 74  20 63 6f 6d 6d 69 74 1b  | 1st git commit.|
00000030  5b 4b 0a 72 65 6d 6f 74  65 3a 20 1b 5b 4b 0a 72  |[K.remote: .[K.r|
00000040  65 6d 6f 74 65 3a 20 1b  5b 4b 0a 72 65 6d 6f 74  |emote: .[K.remot|
...
So if you want to match this character, apparently you must write it as escaped left square bracket, that is \[ - the rest of the values can than be entered with escaped \x notation:
$ cat chartest.txt | sed 's/\x1b\[\x4b//g' | hexdump -C
00000000  72 65 6d 6f 74 65 3a 20  2a 20 32 37 36 32 35 61  |remote: * 27625a|
00000010  38 20 28 48 45 41 44 2c  20 6d 61 73 74 65 72 29  |8 (HEAD, master)|
00000020  20 31 73 74 20 67 69 74  20 63 6f 6d 6d 69 74 0a  | 1st git commit.|
00000030  72 65 6d 6f 74 65 3a 20  0a 72 65 6d 6f 74 65 3a  |remote: .remote:|
00000040  20 0a 72 65 6d 6f 74 65  3a 20 0a 72 65 6d 6f 74  | .remote: .remot|
00000050  65 3a 20 0a 72 65 6d 6f  74 65 3a 20 0a 72 65 6d  |e: .remote: .rem|
00000060  6f 74 65 3a 20 43 75 72  72 65 6e 74 20 62 72 61  |ote: Current bra|
00000070  6e 63 68 20 6d 61 73 74  65 72 20 69 73 20 75 70  |nch master is up|
00000080  20 74 6f 20 64 61 74 65  2e 0a                    | to date..|
0000008a