Jamie Salter may love making deals, but at the end of the day, it’s his family that means the most to him. So it’s apropos that the founder, chairman and chief executive officer of Authentic Brands Group will be honored by the National Father’s Day Council as one of the recipients of its Father of … Read more
Centric Brands announced on Thursday a licensing agreement with Authentic Brands Group for Vince, a fashion brand, for accessories. Centric Brands and Authentic ink licensing agreement for Vince accessories. – Vince Under the terms of the agreement, Centric will undertake the design, manufacturing, and distribution of Vince-branded handbags, small leather goods, and belts for both … Read more
Vince Holdings announced on Tuesday net sales decreased 17.5% to $75.3 million for the fourth quarter, thanks to the previously announced winding down of its Rebecca Taylor business. Vince The U.S. luxury brand said the quarterly sales decline was driven by a 100% decrease in Rebecca Taylor and Parker segment sales, and to a lesser … Read more
Dr Martens is heavily focused on its recovery, but that turnaround may not happen under its current ownership structure with a report saying it’s being eyed for a takeover by a number of major non-UK firms. Dr Martens The heritage UK business is listed on the London Stock Exchange but its valuation today is ‘only’ … Read more
Phyllis Pressman, who was part of the family that revolutionized retail by making Barneys New York as much a happening as a place of commerce, died on April 16 at the age of 95. Pressman was under hospice care at her home in Palm Beach, Fla., at the time of her death, according to her … Read more
News last year that Shein and Authentic Brands Group were interested in buying Topshop – currently owned by ASOS – seemed to be just a rumour. But now the speculation has resurfaced and given the well publicised problems at ASOS it could mean that a takeover by one of the fast expanding businesses is more … Read more
Shortly after news that Next and Frasers Group may be interested in Ted Baker’s UK and Europe retail assets, it has emerged that the brand’s US partner could also be looking at them. Ted Baker OSL has operated Ted Baker’s American business since last year and a Sky news report said it’s the “frontrunner to … Read more
Just a day after news of Ted Baker closing a third of its UK stores, it has been reported that two serial acquirers of distressed businesses have expressed an interest in taking on the operation. Ted Baker And who are they? Step forward the usual suspects, Frasers Group and Next. A report in The Times … Read more
Authentic Brands Group (Authentic) is set to purchase Champion from Hanesbrands, the company’s second-largest brand. Authentic Brands Group to purchase Champion from Hanesbrands. – Authentic Brands Group According to reports, Authentic has sealed the deal to acquire Champion for slightly over $1 billion. The transaction is anticipated to be finalized by late May or early … Read more
Authentic Brands Groups has named Lim Mi-Kyoung senior vice president, head of Australia and New Zealand. She will oversee the company’s regional expansion in that area, focusing on brand development and seeking to build long-term growth. Mi-Kyoung is Authentic’s first employee in the region and will build a team dedicated to growing the company’s portfolio … Read more
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