Authentic Brands Group news and archive

Authentic Brands Group closes Boardriders acquisition

Authentic Brands Group has closed on its acquisition of lifestyle and beachwear group Boardriders in a deal that was reportedly in excess of 1.25 billion dollars. In light of the acquisition, Authentic’s annual retail sales are now believed to be above 29 billion dollars, according to WWD, which noted that prior to the takeover the group’s sales...

Business

Authentic sells half of Hunter equity interest to Chinese firm

Baozun, a Shanghai-based e-commerce partner, has acquired a 51 percent equity interest in footwear and lifestyle brand Hunter's Greater China and Southeast Asia business through a deal with the Wellington boot maker’s owner, Authentic Brands Group. The brand development and marketing platform established a joint venture with Baozun that would...

Business

Shein and Sparc Group establish strategic partnership to explore new strategies

Shein has entered a strategic partnership with Sparc Group in a bid to expand the duo’s reach across the US and explore new business strategies. While Shein will acquire an around one-third interest in Sparc Group, the firm that oversees Authentic Brands Group and Simon Property Group, Sparc is to become a minority shareholder in the Chinese...

Fashion

Authentic Brands Group awards Peerless licensing deal for Vince

Authentic Brands Group (Authentic), the global brand development, marketing and entertainment platform that owns men’s tailoring brand, Vince, has announced a long-term licensing partnership with Peerless to design, manufacture and distribute the brand. In a statement, Authentic said that Peerless will undertake the design of Vince’s men’s...

Business

Authentic Brands Group acquires Rockport

Authentic Brands Group (Authentic), the global brand development, marketing and entertainment platform that owns Ted Baker, has acquired US footwear brand Rockport, which filed for Chapter 11 in June. In a statement, Authentic said that Rockport would expand its diverse footwear portfolio, offering “comfort and technical product innovation,”...

People

Frederick's of Hollywood names new creative director

American lingerie brand Frederick's of Hollywood has appointed fashion designer and celebrity stylist Candice Cuoco as its new creative director. Cuoco will oversee the brand's creative direction and product design, focusing on modern lingerie to create collections that embrace Frederick’s of Hollywood’s storied past with fresh designs for the...

Business

Authentic Brands Group names new chief financial officer

Authentic Brands Group, a brand development and marketing company, has announced the appointment of Kevin Wills as chief financial officer. From his base in Authentic’s New York headquarters, Wills has been tasked with driving sustainable, long-term value at the group, through its financial strategy and performance. To the role, he brings nearly...

Business

Authentic Brands Group secures 500 million dollar investment

Authentic Brands Group, the conglomerate that owns the likes of Reebok, Ted Baker and Juicy Couture, has announced that it has secured a 500 million dollar follow-on investment from its current investor General Atlantic. Authentic said that it plans to leverage the partnership with the growth equity firm to help support worldwide expansion and...

Fashion

Reebok announces smart eyewear deal with Innovative Eyewear

Authentic Brands Group, the global brand development, marketing and entertainment platform, which owns sportswear brand Reebok has signed a multi-year global licensing agreement with Innovative Eyewear, Inc., the developer and retailer of smart eyewear under the Lucyd, Nautica and Eddie Bauer brands. In a statement, Innovative Eyewear said the...

Business

Brooks Brothers to expand men’s collections via Authentic and Aldo

Authentic Brands Group has announced that through a new partnership with the Aldo Group its label Brooks Brothers is set to expand its assortment of men’s footwear and small leather goods. The new lines, which will consist of footwear, bags and small leather goods, are to draw their inspiration from the brand’s heritage DNA, offering what...

Business

Vince Holding Q1 sales hit by Rebecca Taylor wind-down, but losses narrow

US fashion group Vince Holding Corp managed to narrow its losses in the first quarter despite its sales dropping year-on-year as the wind-down of its Rebecca Taylor hit its top line. The company announced last September it would be closing down its Rebecca Taylor business to focus its resources on its namesake Vince brand. Sales in the three...

BusinessFeatured

Authentic Brands Group snaps up British heritage brand Hunter

Continuing on its string of notable acquisitions, Authentic Brands Group has announced that it has acquired the intellectual property (IP) of Wellington boot specialist Hunter. Speculation of Authentic’s potential takeover had been evident since the beginning of the year, when it was reported that Hunter was mulling a possible cash injection in...