Fast-fashion platform Shein and brand portfolio owner Authentic Brands Group have formed a partnership that will bring the Forever 21 brand to Shein’s platform. Under this strategic agreement, Shein will design, manufacture and distribute a line of Forever 21 apparel and accessories, including sportswear, activewear and swimwear, that will be co-branded...
Simon Property Group (SPG), the largest mall owner and developer in the U.S., posted strong second quarter (Q2) results on Wednesday (Aug. 2) amid headwinds from higher interest expenses. “Our business is performing well and is ahead of our internal plan. Tenant demand is excellent....
Authentic Brands Group has received a $500 million primary follow-on investment from growth equity firm General Atlantic. The global brand owner, marketing and entertainment platform — which owns more than 40 brands, including Brooks Brothers, Nautica and Reebok — will use the new funding to...
Authentic Brands Group (ABG) is looking to strengthen its position in the luxury market with another acquisition. The group has entered into a deal with the understated luxury brand from California, Vince Holding Corp., to acquire the intellectual property of the Vince brand. Per the...
January 17, 2023
European private equity (PE) dealmaking defied economic headwinds in 2022. In general, dealmaking was characterized by smaller but more numerous deals, as checks and valuations got smaller and the cost of borrowing increased. As Pitchbook’s annual European PE Breakdown reveals, both deal count and total deal value increased in 2022 compared to 2021, proving the […]
July 12, 2024
Barneys New York reportedly plans to expand both its product offerings and its distribution if the planned acquisition of Neiman Marcus Group by the owner of Saks Fifth Avenue is completed. The brand, which closed its U.S. department stores after its 2019 bankruptcy and is now owned by Authentic Brands Group, aims to sell a […]
October 27, 2023
Fast-fashion platform Shein and brand portfolio owner Authentic Brands Group have formed a partnership that will bring the Forever 21 brand to Shein’s platform. Under this strategic agreement, Shein will design, manufacture and distribute a line...
August 02, 2023
Simon Property Group (SPG), the largest mall owner and developer in the U.S., posted strong second quarter (Q2) results on Wednesday (Aug. 2) amid headwinds from higher interest expenses. “Our...
June 30, 2023
Authentic Brands Group has received a $500 million primary follow-on investment from growth equity firm General Atlantic. The global brand owner, marketing and entertainment platform — which owns more than...
