Chinese fast-fashion giant Shein has launched a partnership with American clothing retailer Forever 21. The collaboration, as detailed in a Thursday (Aug. 24) announcement, would allow Shein to sell Forever 21 items on its site and eventually operate Shein shops inside Forever 21 locations. Shein will acquire...
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...
Authentic Brands Group (ABG) has filed to go public with its portfolio of over two dozen lifestyle and entertainment brands following a series of high-profile acquisitions over the past several months. ABG, which generates much of its revenue from licensing the brands it owns, said...
Buy now, pay later firm Klarna has partnered with two major retail powerhouses, SPARC Group and Authentic Brands Group (ABG), to offer its “Pay in 4” BNPL service to more retail brands. Their online shoppers can now pay in four interest-free installments. “With a strategic emphasis on digital innovation and customer...
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 […]
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 of Forever 21 apparel and accessories, including sportswear, activewear and swimwear, that will be co-branded as Forever 21 x Shein, the companies said in a […]
May 20, 2021
Buy now, pay later firm Klarna has partnered with two major retail powerhouses, SPARC Group and Authentic Brands Group (ABG), to offer its “Pay in 4” BNPL service to more retail brands. Their online shoppers can...
