ABG news and archive

ABG names Henry Stupp as president of EMEA

Authentic Brands Group (ABG) has appointed Henry Stupp as its new president of Europe, the Middle East and Africa (EMEA). The move is described as an “important step” for the company as it looks to heighten its focus on expansion in key regions as it continues to diversify its portfolio, which includes Juicy Couture, Forever 21, Barneys, and...

Business

Authentic Brands Group completes acquisition of outdoor brand Eddie Bauer

Forever 21 owner Authentic Brands Group (ABG) and retail enterprise SPARC Group have completed their acquisition of US outdoor brand Eddie Bauer. “We are thrilled to welcome this iconic American outdoor brand into our portfolio,” said ABG founder and chair Jamie Salter in a release. “Eddie Bauer comes at an exciting time for ABG and SPARC as the...

BusinessFeatured

Brooks Brothers sale finalised

Authentic Brands Group and Sparc Group have finalised the acquisition of US menswear retailer, Brooks Brothers for 325 million dollars. “We are thrilled to bring this world-class brand into the fold,” said Jamie Salter, founder, chairman, and chief executive of Authentic Brands Group. “Brooks Brothers comes at an important time in Authentic...

Business

Nautica partners with Flipkart in India

Indian e-commerce marketplace Flipkart Group has signed a deal with Authentic Brands Group (ABG) for the licensing and distribution of lifestyle brand Nautica in India. As a part of this agreement, Flipkart Group will manage Nautica’s online and offline business, through a network of franchise partners, which ABG states will help to “strengthen...

People

ABG names new executive vice chairman

Authentic Brands Group (ABG), owner of a global portfolio of brands including Juicy Couture, Jones New York and Judith Leiber, has named Daniel W. Dienst as its new executive vice chairman and chief strategy officer. Dienst, has served as chairman and chief executive of four public companies during his career including, most recently, Martha...

BusinessFeatured

ABG finalises Nautica acquisition

Authentic Brands Group LLC (ABG), owner of a brands including Juicy Couture, Jones New York, Herve Leger, and Judith Leiber, has finalised its purchase of Nautica from VF Corporation, to mark the company’s largest brand acquisition to date. The addition of Nautica propels ABG’s portfolio to nearly 7 billion dollars in annual retail sales...