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...
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...
Today in Europe, the Middle East and Africa (EMEA) news, Ted Baker is to be bought by Authentic Brands Group for $253 million, while Remitly has agreed to acquire Israeli remittance solution Rewire for $80 million. Authentic Brands Set to Acquire UK’s Ted Baker at...
After months of searching for a buyer, Ted Baker has found its suitor in Authentic Brands Group (ABG), which has agreed to purchase the U.K. fashion retailer in a deal valuing the company at $253 million. According to an announcement posted on the ABG website...
May 14, 2024
Consumers are increasingly buying clothing from third-party digital marketplaces, forcing more retailers to close shop. Most recently, Ted Baker’s North American business announced Friday (May 10) that amid bankruptcy proceedings in the United States, it is closing 40 locations across the U.S. and Canada, kicking off liquidation sales. It also announced closing sales at eight Brooks Brothers locations and seven Lucky Brand stores in Canada. […]
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...
August 16, 2022
After months of searching for a buyer, Ted Baker has found its suitor in Authentic Brands Group (ABG), which has agreed to purchase the U.K. fashion retailer in a deal valuing the company at $253 million. According to an announcement posted on the ABG website Tuesday (Aug. 16), the clothing conglomerate — which owns brands […]
May 23, 2022
The board of British fashion retailer Ted Baker has narrowed its choices for the company to which it plans to sell the brand, less than a month after it got...
April 25, 2022
Brand licensing conglomerate Authentic Brands Group (ABG), which includes Reebok, Aeropostale, Forever 21 and roughly 50 other labels, is considering a bid for British fashion retailer Ted Baker, according to...
April 08, 2022
In this week’s top Europe, Middle East and Africa news, cell phone operators in Kenya are joining a central bank initiative to integrate the nation’s payment systems; London-based Zilch has...
