Authentic Brands Group news and archive

Authentic secures Aus and NZ licensee deal for Champion

Authentic Brands Group, the new owner of Champion, has appointed Brand Collective as the new licensing partner of the sportswear label in Australia and New Zealand. Australia-based Brand Collective currently serves as the operating partner to brands such as Canada Goose, Clarks, Hush Puppies and Authentic-owned Reebok, while further owning the...

Business

Reebok International reports increase in annual profit

In its latest account filing, Reebok International Limited and its subsidiary RILUK IPCO reported profit after tax of 163.5 million dollars compared to 77.8 million dollars in the previous year. The company said that the annual trading report is for a 10 month period because the company was acquired by Authentic Brands Group in March 2022 from...

Business

Authentic reportedly pulls Reebok licensing deal with New Guards Group

Authentic Brands Group is believed to have terminated its deal with Farfetch-owned New Guards Group (NGG), which had previously been the licensee of Reebok and oversaw the distribution of the sportswear brand in Europe. According to a memo from NGG Management to staff, seen and reported on by WWD, NGG has received a termination notice for the...

Business|fashion Featured

Authentic Brands Group partners with Saks Global on luxury venture

Authentic Brands Group, the global brand development, marketing, and entertainment platform, is launching a joint venture with Saks Global to grow its luxury and accessible luxury brands, building on its successful collaboration with Barneys New York. The new venture, called Authentic Luxury Group, will leverage the combined capabilities of...

Business

Authentic completes Champion acquisition, announces new brand partners

HanesBrands has completed the sale of the intellectual property and certain operating assets of the global Champion business to Authentic Brands Group. It is the second-largest brand acquisition in Authentic’s history. “With the successful completion of this transaction, combined with our internal cash generation, we expect to pay down...

Retail|Beauty Featured

Hourglass opens pop-up concept store with Barneys New York

Hourglass, the cruelty-free luxury beauty brand, is celebrating 20 years of innovation and creativity by paying homage to the place where the brand got its start – Barneys New York, with the opening of a limited-time concept store. The pop-up, located at 14 Prince Street in Soho, New York, will be open to the public from September 5 to October...

Retail

ULAC to manage Ted Baker’s online operations in the UK and Europe

Authentic Brands Group has announced a new partnership with its longstanding partner United Legwear & Apparel (ULAC) to manage the e-commerce operations for Ted Baker in the UK and Europe. Earlier this month, ULAC announced that it would take on Ted Baker's wholesale, concession shops and e-commerce operations in the US and Canada, as well as...

Retail

Ted Baker to close all UK stores this week as Frasers talks halt

After a period of reported back-and-forth, it is now believed that talks between Mike Ashley’s Frasers Group and Ted Baker parent company Authentic Brands Group have stalled. The news comes ahead of the imminent closure of Ted Baker’s remaining 31 stores in the UK, which are set to shutter this week. Frasers’ name first came into circulation...

Business

Frasers Group and Authentic understood to be mulling partnership

British retail giant Frasers Group and global brand operator Authentic Brands Group are believed to be in discussions to establish a potential partnership. The deal could see Frasers become the UK and European operating partner for a number of brands in Authentic’s portfolio, including Reebok and Ted Baker. This is according to Drapers, which...

BusinessFeatured

Authentic announces new licensees for Ted Baker to relaunch in the US and Canada

Authentic Brands Group (Authentic), the global brand development, entertainment and marketing platform has announced foundational licensing partners for Ted Baker to secure the future of the British fashion brand in the US and Canada. Authentic, which owns the Ted Baker intellectual property, has signed licensing agreements with United Legwear &...

Business

Focus Brands acquires Reebok license for outerwear in Europe and the UK

Authentic Brands Group is entering into a long-term partnership with Focus Brands to design, manufacture and distribute Reebok's outerwear, according to various media outlets including FashionNetwork. The partnership covers Reebok outerwear for adults and children in Europe and the United Kingdom. Focus Brands is the brand licensing division of...

Fashion |In Pictures

Reebok unveils collaboration with Juicy Couture

Sportswear brand Reebok has joined forces with LA fashion and lifestyle brand Juicy Couture to launch a Y2K-inspired capsule collection. The limited-edition collection features eight apparel pieces and five unique footwear silhouettes, which merge Juicy Couture's signature rhinestones and velour with Reebok’s sports heritage style. Reebok x...