All Authentic Brands Group articles
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News briefs
ABG appoints a manager for Australia and New Zealand
Authentic Brands Group (ABG) announced the appointment of Lim Mi-Kyoung as senior vice president, head of Australia and New Zealand. In her new role, Mi-Kyoung will oversee ABG’s regional expansion, focusing on brand development and driving long-term growth. As ABG’s first employee based in Australia, she will build a team ...
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News briefs
Vince Camuto extends apparel license with BCI
Authentic Brands Group has renwewed Vince Camuto’s apparel licensing agreement with BCI Brands. Through the extension, BCI will continue to serve as the brand’s licensing partner for its core women’s apparel category until the end of 2030, with two consecutive five-year renewal options to follow. “BCI is proud of the ...
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ArticleAldo to produce bags under the Hunter brand
Aldo Group has entered into another licensing agreement with Authentic Brands Broup (ABG). Under the deal, the Canadian footwear company will take on the design, production and distribution of bags and small leather goods for men and women in the US and Canada. Hunter’s bag collection will launch for the ...
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ArticleWolverine World Wide sells the Sperry brand to ABG and the inventory to Aldo
Wolverine World Wide has sold the rights to the Sperry brand to Authentic Brands Group (ABG) and part of the brand’s inventory to the Aldo Group for a total of about $130 million to be largely cashed in the first quarter. Wolverine will use the proceeds to pay down debt ...
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News briefs
ABG partners with BBC International for DC Shoes in U.S., Canada
Authentic Brands Group (ABG) has partnered with Florida-based BBC International for its skateboarding, snowboarding and street lifestyle brand DC Shoes. Under this agreement, BBC will handle the global design, wholesale distribution and sourcing of DC Shoes footwear and snowboard boots in the U.S. and Canada. BBC is a full-service footwear ...
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ArticleWarson to provide occupational footwear under Roxy, DC brands
Warson Brands signed a licensing agreement with Authentic Brands Group (ABG) to design, develop and distribute occupational footwear for men and women under the DC Shoes brand as well as women’s styles under the Roxy brand in the U.S., Canada and Europe, including the U.K. “We look forward to expanding ...
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News briefs
Bata India’s sales slip on inflationary pressure
Bata India said that in the second quarter end Sept. 30 revenues fell by 1.3 percent year-on-year to 8,191 million rupee (€92.0m), despite expanding its retail network, as inflationary pressure affected demand. In September, annual inflation in India stood at 5.02 percent, down from 6.83 percent in August. Ebitda rose ...
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ArticleAldo in licensing agreement with ABG’s Roxy brand
Aldo Group has entered into another licensing agreement with Authentic Brands Broup (ABG), Jonathan Frankel, the president of Aldo Product Services told Footwear News. The new agreement involves the design, production and distribution of footwear for ABG’s newly acquired Roxy brand. The first collection of Roxy footwear for women’s ...
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News briefs
Shein in partnership with ABG’s Forever 21 brand
Authentic Brands Group (ABG) has signed a long-term partnership agreement with Shein for Forever 21, a lifestyle and fashion brand for men and women present globally in 572 locations and online. Through the partnership, the fast fashion online retailer will design, manufacture and distribute a line of Forever 21 apparel ...
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ArticleCCC Group posts softer sales in Q3 led by the CCC and eobuwie banners
With most of its fiscal third quarter over, CCC Group has registered softer sales, amid above average temperatures through September and weakened “but slowly recovering” consumer demand. In the period from Aug. 1 to Oct. 10, sales at the Polish footwear and fashion group were down by 4 percent compared ...
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News briefs
Reebok unveils new premium sportstyle line in partnership with Farfetch's NGG
Reebok has unveiled Reebok LTD, a new premium line led by New Guards Group (NGG), with the goal of further elevating the Reebok brand through new products and collaborations. Reebok defines LTD as “a playground for creative evolution” under the motto “LEARN. TEST. DESIGN.” (LTD); a platform to unleash personal ...
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ArticleBaozun to buy 51% stake in Hunter’s IP in Greater China, Southeast Asia
Shanghai-based Baozun has entered into a partnership with Authentic Brands Group (ABG) that will give it a 51 percent stake in intellectual property of the Hunter brand in Greater China and Southeast Asia. On June 2, 2023, ABG announced that it had acquired the intellectual property of the British brand ...
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ArticleAuthentic Brands Group takes over Rockport
Authentic Brands Group (ABG) is taking over the troubled U.S. footwear firm The Rockport Company, following a decision by the United States Bankruptcy Court for the District of Delaware, and will rely on Marc Fisher Footwear to develop the brand in the United States. Further partnerships for Rockport are expected ...
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News briefs
Authentic Brands Group raises $500m from General Atlantic
Authentic Brands Group (ABG) has announced a $500 million primary follow-on investment from global growth equity firm General Atlantic, its current investor. The continued partnership with General Atlantic is meant to support ABG’s worldwide expansion. General Atlantic first partnered with ABG in October 2017. The latest investment brings General Alantic’s ...
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News briefs
Hunter insolvent, new Wellies expected from ABG
Scottish company Hunter Boots, known for its original Wellington boot, went into administration in the UK on June 5 and changed its name to HBL Realisations Limited on June 14. U.S.-based Authentic Brands Group (ABG) announced on June 2 that it had acquired Hunter’s intellectual property. Documents filed by ...
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ArticleAuthentic Brands Group emerges as ‘stalking horse’ for Rockport
Affiliates of Authentic Brands Group, ABG-Regatta LLC and ABG Intermediate Holdings, have emerged as the ‘stalking horse’ bidder for The Rockport Company, agreeing to pay $40.4 million for the bankrupt firm’s intellectual property, $5 million for its Korean subsidiary and additional, yet-to-be-determined amounts for inventory. The closing cash purchase price ...
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News briefsAldo in partnership with Brooks Brothers
Authentic Brands Group (ABG) and the Aldo Group entered into a partnership to launch an expanded assortment of men’s footwear and small leather goods for Brooks Brothers, which is part of ABG’s portfolio. Brooks Brothers’ new men’s collections will launch in stores in February 2024 and will be distributed ...
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ArticleAuthentic Brands Group buys the rights to the Hunter brand
Authentic Brands Group (ABG) announced on June 2 the acquisition of the intellectual property of Hunter, the British brand famous for its Original Wellington boot. No financial details were released, but Sky News cited a source suggested that the deal could value Hunter as much as £100 million (€116m). ...
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News briefs
Farfetch launches Reebok's European e-commerce
Farfetch, a leading platform provider for the luxury fashion industry, has announced that the partnership with Reebok to run its European e-commerce sites, announced following the sports retailer’s acquisition by Authentic Brands Group from Adidas in 2022, has now been implemented. The partnership announced at the time involves restructuring the ...
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News briefs
Ted Baker in licensing agreement with Aldo
The American brand management company Authentic Brands Group (ABG) signed a long-term licensing agreement regarding the Ted Baker brand with the Aldo Group, a Canadian fashion retailer and wholesaler. Under the ageement Aldo will take on design, production and distribution of Ted Baker footwear and handbags at wholesale throughout ...
