The story
From sandwich + board; when worn, the two sides of the sign “sandwich” the wearer between them.
Etymology from Wiktionary, CC BY-SA 4.0.
Today it means: A person-sized, wearable billboard or advertisement consisting of two printed boards strung together so that they hang over the shoulders, or simply set out on a street. Full definition →
From sandwich + board; when worn, the two sides of the sign “sandwich” the wearer between them.
Etymology from Wiktionary, CC BY-SA 4.0.