Authentic Brands news and archive

Authentic Brands Group launches ‘Take Action’ campaign

Authentic Brands Group, the brand development, marketing, entertainment and digital platform, has teamed up with international advocacy organisation Global Citizen to launch a collaborative ‘Take Action’ brand mark campaign. The initiative aims to encourage customers to use their purchasing power to drive change toward “the most urgent issues...

Fashion

Authentic Brands announces partnership with Noize Jeans

Authentic Brands Group, a global brand development, marketing and entertainment platform, has announced a long-term partnership with Noize Jeans, a leading manufacturer of sustainable denim, for Jones New York. In a statement, Authentic said that Noize Jeans will design, produce and distribute men's bottoms, jackets and denim for Jones New York,...

Business

Authentic Brands names Versa Group as Geoffrey Beene licensee

Authentic Brands Group, a global brand development, marketing and entertainment platform, has announced that Versa Group, a leading manufacturer of men’s apparel, will produce and distribute men's dress shirts for Geoffrey Beene. In a statement, Authentic said the products will be available at a wide range of department stores, speciality...

FashionPress Release

Authenticity is now a key new driver of revenue and loyalty for UK shoppers

• 70% of UK shoppers spend more with brands they perceive to be authentic. • Three quarters (75%) of UK consumers are more loyal to authentic retailers. • Silent Generation (76yos+) and Gen Z most likely UK cohorts to spend more based on authenticity (72% each). Authenticity is now a key new driver for revenue and loyalty among UK shoppers as...

Business

JD Sports and Authentic Brands in talks over joint bid for Topshop

JD Sports and Authentic Brands could reportedly team up to acquire Topshop, the flagship brand of the collapsed Arcadia Group. UK sportswear retailer JD Sports and Authentic Brands, the US owner of Forever 21 and iconic department store chain Barneys, are in the early stages of talks over a joint bid for Topshop, Sky News reports. It comes just...

Retail

Debenhams and Arcadia Group could soon be under American ownership

Authentic Brands, the parent company that bought Barneys and Forever 21 when they collapsed into bankruptcy, is eyeing British fashion giants Arcadia Group and Debenhams. A report by the Telegraph said the American retail giant is in discussions with both administrators, which sees the UK businesses continue to trade despite the risk of 25,000...

Business |ANALYSIS Featured

Change of paradigm? Property groups and multi-brand conglomerate join forces to save apparel retail

New York –In a matter of weeks, a leading commercial property firm, Simon Property Group, and a multi-brand apparel conglomerate, Authentic Brands, have joined forces and snapped two ailing apparel brands, with the industry anticipating a third one following suit in the next month. Are we facing a change of paradigm in the apparel industry? The...

BusinessFeatured

The latest on Forever 21: it accepts 81 million offer from commercial real estate-led investors

New York – Forever 21 is reported to have taken an 81 million dollars from a group of buyers led by commercial real estate developers including Simon Property Group and Brookfield Property Partners. "Once approved the agreement will allow Forever 21 to come out of bankruptcy, keeping its headquarters, stores and E-commerce operations open,...

Business |UPDATE

Last-minute offer from private investors challenges Authentic Brands’ bid for Barneys

New York – A last-minute offer led by fashion label Kith’s investor Sam Ben-Avraham would have reportedly challenged the bid presented by Authentic Brands Group (ABG) to acquire ailing Barneys New York business. The upscale department store operator, which filed for bankruptcy in August, had been seeking proposals to best Authentic Brands’ 271...

Business

Authentic Brands takes 51 percent stake in legacy brand Frye

Authentic Brands Group (ABG) has gone shopping again, taking a 51 percent stake in Frye, one of the oldest footwear brands in the U.S. Commenting the deal, Jamie Salter, chairman and CEO of ABG , highlighted that “Frye is an American legacy brand which has been synonymous with quality and style for more than a century.” In regards to the new...

Business

Authentic Brands reportedly preparing for an IPO

US developer and licensee of apparel and accessory brands Authentic Brands Group LLC is allegedly preparing for an initial public offering (IPO) of shares. People familiar with the matter point at the first half of 2016 as the preferred date range. Authentic Brands' majority owner, private equity firm Leonard Green & Partners LP, is currently in...