ABG has acquired a 51 percent stake in Frye from Global Brands Group Holding Limited for an undisclosed sum.
In conjunction with the Greg Norman Company, ABG will focus on the growth and development of consumer products and endorsements by focusing on expanding the brand’s licensing and partnership opportunities.
The new Jones New York men’s shirt line will reflect the brand’s signature style, offering an assortment that includes essential classic and modern styles with on-trend details.
The company will keep over 700 retail doors open around the world: more than 400 stores in the U.S. and Canada and approximately 300 doors internationally.
A consortium comprising companies and liquidators prevailed in a bankruptcy auction for U.S. teen retailer Aeropostale, Inc with a $243.3 million bid, potentially saving 229 of its stores.
Global action sports and lifestyle brand Airwalk is celebrating its 30th anniversary with the launch of the new Airwalk Classics brand.
Lion Capital LLP a consumer-focused investment firm has signed a definitive agreement to acquire a minority interest in Authentic Brands Group LLC from some of its existing shareholders.
Authentic Brands Group (ABG) has announced the promotion of Jarrod Weber to EVP of fashion, effective immediately.
Authentic Brands Group acquired Airwalk, Hind, Vision Street Wear and Above The Rim from Payless Holdings.
Authentic Brands Group has acquired HMX’s intellectual property and a second company led by HMX CEO Doug Williams has acquired the operations. The deal will keep HMX’s factories in Chicago and Rochester open.