All Authentic Brands Group articles – Page 4
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News briefsAuthentic Brands Group is reportedly interested in Hunter Boots
Authentic Brands Group (ABG), the owner of Reebok, is reportedly among the parties interested in Hunter Boot, according to Sky News. Neither ABG nor Hunter have confirmed the information, adds the report. Hunter, founded in 1856, is one of only ten companies to hold two royal warrants. The company is ...
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ArticleIs ABG buying Boardriders?
Jamie Salter-led Authentic Brands Group (ABG) may be on the verge of landing another big fish for its portfolio of brands. Recent developments suggest Oaktree Capital-controlled Boardriders is on the verge of selling its portfolio of largely surf-focused brands, led by Quiksilver and Billabong, and ABG appears in a position ...
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News briefsAuthentic Brands Group partners with Global Citizen
Authentic Brands Group and Global Citizen, an international advocacy organization on a mission to end extreme poverty, have announced a multi-year alliance. The four-year partnership, described as “the first-of-its-kind for both companies,” will include the creation of an exclusive brand mark for consumer products, marketing activations, donation programs and more. ...
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News briefsNBA All-Star Allen Iverson partners with Authentic Brands Group
Reebok owner Authentic Brands Group (ABG) has teamed up with Hall of Famer and 11-time NBA All-Star Allen Iverson to further develop Iverson’s own brand. Under the partnership, ABG will focus on growing Iverson’s entertainment business, securing new advertising deals and strategic partnerships, and developing new consumer product opportunities. Currently, ...
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News briefsAuthentic Brands Group reveal new corporate logo
The U.S.-based Authentic Brands Group – owner of over 40 brands, such as Reebok (acquired earlier this year), Nautica, Spyder, Eddie Bauer and Volcom – has introduced a new corporate logo and redesigned its company narrative. A wrap-up of the group’s public appearance and company strategies can be found online ...
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ArticleReebok names new CEO as Matt O’Toole moves to ABG
Source: Reebok Todd Krinsky Reebok has tapped Todd Krinsky, a 30-year company veteran and member of its senior leadership team for more than a decade, as its new CEO. He is replacing Matt O’Toole, president and CEO of Reebok, who is moving to executive vice chairman of ...
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News briefs
ABG and Warson collaborate on Volcom and Frye work shoes
Authentic Brands Group (ABG) announced an expanded partnership with Warson Brands, a full-service manufacturer of protective and safety technologies and longtime partner of Reebok. Warson has committed to designing, developing and distributing high-quality professional footwear for the Frye and Volcom brands in the U.S. and Canada. The Frye Company will ...
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News briefsABG expands Reebok in several EMEA countries
To support Reebok’s new global structure, Authentic Brands Group (ABG) is working with Al Boom Marine in the Middle East and North Africa, Bounty Apparel in South Africa and Flo Magazacilik (Flo) in Turkey to drive distribution and grow the business. The group made the announcement in a newsletter this ...
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ArticleAuthentic Brands Group settles lawsuit with Bolt, becomes shareholder
Authentic Brands Group (ABG), the owner of Reebok and other global brands, has settled out of court and agreed to dismiss its lawsuit against Bolt Financial Inc. ABG said that it would continue to partner with Bolt to offer “one-click” checkout capabilities to ABG’s brands Forever 21 and Lucky Brand. ...
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News briefsAltered State Machine announces first metaverse AI boxing game
Altered State Machine (ASM), the specialist in artificial intelligence on the web3, in collaboration with Muhammad Ali Enterprises and Authentic Brands Group (ABG), has announced details of “Muhammad Ali - The Next Legends.” In the world’s first metaverse boxing game, thousands of unique boxers will train and compete in NFT ...
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News briefsTurkish footwear retailer apparently plans to take over 100 Reebok stores in Russia
According to Reuters, Turkish footwear retailer Flo Magazacilik is reportedly in the midst of negotiations to acquire more than 100 stores that Reebok owns and operates in Russia. The retailer is currently a wholesaler in Russia but does not operate its own stores there in the country. Authentic Brands, owner ...
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News briefsItochu acquires marketing and licensing rights for Reebok in Japan
Tokyo-based Itochu Corporation announced that it has reached an agreement for Reebok’s marketing and licensing rights in Japan. Reebok is owned by New York-based Authentic Brands Group (ABG). Adidas formally completed the divestiture of Reebok to ABG on Feb. 28, 2022. Itochu will start operations via Locondo, Inc., which is ...
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News briefsSteve Robaire promoted to Reebok EVP
Source: Reebok Steve Robaire The Authentic Brands Group (ABG) has promoted longtime brand veteran Steve Robaire to executive vice president of Reebok International. Effective July 1, 2022, Robaire is expected to drive Reebok’s planned expansion in international territories, focusing on developing new business opportunities and executing a ...
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News briefs
AGB potential bidder for Ted Baker
According to SkyNews, the New York-based Authentic Brands Group (AGB), which owns brands like Reebok, David Beckham and Juicy Couture, is exploring a bid for the London-listed fashion brand Ted Baker, owner of hundreds of standalone stores and concessions globally, that is just restructuring its business after financial torrents in ...
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News briefsABG suspends all branded retail and e-com operations in Russia
Authentic Brands Group (ABG), the owner of a wide range of lifestyle and fashion brands including Airwalk, Eddie Bauer, Greg Norman, Muhammad Ali, Nautica, Prince, Reebok, Shaquille O’Neal, Spyder, Tretorn, Vision Street Wear and Volcom, announced that it has ceased all its branded retail and e-commerce operations in Russia effective ...
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ArticleAdidas completes divestiture of Reebok; launches new share buyback program
Adidas has formally completed the divestment of Reebok to Authentic Brands Group (ABG) on Feb. 28, 2022. On a transitional basis, the company announced that it would continue to operate the business on behalf of ABG in several markets. Subsequently, the Reebok business will be fully transferred to ABG’s operating ...
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News briefsABG to co-own and manage David Beckham’s brands
Authentic Brands Group (ABG) has entered into a partnership with David Beckham to co-own and manage his brands and businesses, which include endorsements with Adidas, Tudor, Maserati, EA Sports, Sands and Diageo. In keeping with the deal’s terms, Beckham has become a shareholder in ABG, while ABG has become the ...
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News briefsABG strengthens Reebok’s position through new U.S. partnership with Foot Locker
While the transfer of ownership of the Reebok brand from Adidas to Authentic Brands Group (ABG) is expected to be completed in the first quarter of this year, the new owner has already announced a new and expanded partnership with New York-based sports retailer Foot Locker for the brand, limited ...
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Reebok may lay off 150 people
Reebok is planning to lay off 150 people after the completion of its sale by Adidas to the Authentic Brands Group (ABG) in the course of the first quarter of this year, according to the Boston Globe and Footwear News. The brand employs some 4,000 people around the world, but ...
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ABG and Shaq file for digital trademarks
Like Nike, Adidas and many others, the Authentic Brands Group (ABG) is staking out a claim in the metaverse. As Footwear News reports, ABG and the retired NBA player Shaquille O’Neal filed three trademark applications in December for the word “SHAQ” as applied to non-downloadable virtual footwear, clothing, headwear and ...
