Authentic Brands news and archive

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...

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...