All Authentic Brands Group articles – Page 2

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    Authentic Brands Group buys the rights to the Vince brand

    2023-05-02T12:39:00Z

    Authentic Brands Group (ABG) is purchasing the intellectual property of the Vince brand from Vince Holding Corp. for $76.5 million and a 25 percent stake ABG Vince, the vehicle through which the acquisition is being made. A part of the deal, Vince Holding will enter into an exclusive, long-term license ...

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    ABG reaches deal to take over Ted Baker

    2022-08-16T14:33:00Z

    The American brand management company Authentic Brands Group (ABG) and Ted Baker have reached an agreement on the terms of a recommended final cash offer by ABG-Robin BidCo, a newly incorporated entity wholly-owned by ABG, to acquire the entire share capital of the British fashion group for 110 pence ...

  • News briefs

    FLO extends partnership with Nine West

    2022-03-21T08:51:00Z

    The Turkish shoe company FLO has extended its partnership in shoes, bags and accesories with the women’s brand Nine West, which is owned by the U.S. company Authentic Brands Group. FLO first entered a licensing partnership with Nine West in 2019 that covered production and retailing rights for the brand ...

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    ABG partners with New Guards for Reebok in Europe

    2022-02-24T11:03:00Z

    Authentic Brands Group (ABG) has appointed Milan-based luxury fashion manufacturing and distribution holding company New Guards Group as its operating partner for the Reebok brand in Europe. Under the agreement, New Guards, which is owned by U.K.-based international e-commerce company Farfetch Limited, will operate retail stores and e-commerce for the ...

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    ABG cancels its IPO registration

    2022-01-09T16:55:00Z

    The Authentic Brands Group has officially withdrawn the application that it had made with the U.S. Securities & Exchange Commission on July 6, 2021 for an initial public offering. ABG, which is still in line to take over Reebok before the end of the current quarter, had indicated in November ...

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    Article

    Shelving IPO plans, ABG brings in two new investors

    2021-11-23T10:11:00Z

    Placing on hold its plans to go public, as previously announced in July, the Authentic Brands Group (ABG) has decided to stay private. Instead of going for an IPO at this stage, some existing shareholders will sell significant stakes in ABG to funds advised by the private equity company CVC ...

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    ABG may lose its rating if it delays its IPO

    2021-08-22T12:48:00Z

    Standard & Poor’s indicated that it may downgrade its ratings for the Authentic Brands Group (ABG) if it delays its planned public offering, which would help it to finance its €2.1 billion acquisition of Reebok, or if the IPO would lead the institutional investors that have been sponsoring its expansion ...

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    Ashley and ABG vie for Debenhams and Arcadia

    2020-12-15T08:45:00Z

    Mike Ashley , the acquisitive boss of Frasers Group who is bidding for Debenhams , the biggest and oldest British department store chain, is reportedly interested now also in some of the assets of Arcadia , the bankrupt fashion retailing group that holds the largest number of concessions in ...

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    ABG, SPARC picked to buy Brooks Brothers for $325 million

    2020-08-12T11:40:00Z

    The iconic American apparel group Brooks Brothers has selected Authentic Brands Group (ABG) and its partially owned retail unit SPARC as the winning bidders of a competitive sale process after they increased their offer to $325 million for the vast majority of the company’s global business operations as a going ...

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    New Balance settles lawsuit against Nautica

    2020-04-26T17:16:00Z

    The trademark-infringement lawsuit that New Balance filed in Massachusetts in August 2019 against Authentic Brands Group over use of the letter “N” on footwear and apparel by the brand Nautica has been settled. All claims against Nautica have been dismissed without prejudice, and each party will be covering its own ...