All Authentic Brands Group articles – Page 4
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News briefs
Report: ABG and Wolverine are no longer bidding for Reebok
The Authentic Brands Group (ABG) and Wolverine Worldwide have reportedly pulled out of the bidding process for Reebok, according to The New York Post. The newspaper mentioned Aug. 2 – three days before the scheduled release of Adidas’ first-half results – as the deadline set for submitting any binding bids. ...
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Article
ABG’s planned IPO triggers S&P review
Standard & Poor’s indicated that it may upgrade its debt ratings for the Authentic Brands Group (ABG) based on the amount that it will raise through its planned public offering. The credit rating agency said it expects ABG to use the proceeds to repay a portion of its debt, which ...
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Article
Publishing some figures, ABG files for its IPO
Confirming rumors that have circulated in the past few weeks, the rapidly expanding Authentic Brands Group (ABG) has filed for an initial public offering. It said it seeks to raise $100 million through an IPO on the New York Stock Exchange, but it did not indicate yet the timing, how ...
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News briefs
Authentic Brands moves the Spyder license to Liberated Brands
Authentic Brands Group (ABG) has announced the transition of its core licenses for its ski-focused Spyder brand to Liberated Brands. Under the terms of the new long-term agreement, Liberated Brands will assume outerwear and apparel sourcing, product design, marketing, wholesale, e-commerce and retail store operations across the U.S., Canada, Australia, ...
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Article
ABG places Apex’ former CEO in charge of EMEA
The Authentic Brands Group (ABG), the rapidly expanding New York-based brand ownership and licensing group founded and run by Jamie Salter, has set up a subsidiary for the EMEA region in London and hired Henry Stupp to run it. As president of ABG EMEA, he is tasked of driving ABG’s ...
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News briefs
ABG may go public
The Authentic Brands Group has confidentially filed an application for an initial public offering (IPO), according to Women’s Wear Daily, whose sources apparently confirmed a previous report in Bloomberg that ABG was exploring a potential IPO that could value the group at about $10 billion. The IPO that could be ...
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News briefs
Ashley and ABG vie for Debenhams and Arcadia
Mike Ashley , the acquisitive boss of Frasers Group who is bidding for Debenhams , the biggest and oldest British department store chain, is reportedly interested now also in some of the assets of Arcadia , the bankrupt fashion retailing group that holds the largest number of concessions in ...
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Article
Major League Baseball was the world’s largest sports licensor in 2018
On a list of the world’s largest licensors, published annually by USPA Global Licensing Inc.’s Licence Global magazine, and including organizations from all industries, U.S. Major League Baseball (MLB) was once again the top-ranked sports rights holder on a list of the world’s largest licensors in 2018. Its retail sales ...
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News briefs
Volcom is expanding its retail footprint in China
Authentic Brands Group (ABG) has called on the brand-building services of the China Ting Group to expand the footprint of one of its properties, Volcom, in the Middle Kingdom. In June the Californian boardsports brand opened two stores in China – at the Mixc Mall in Hangzhou and the Summer ...
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