Authentic Brands Group (ABG) has gone shopping again, taking a 51 percent stake in Frye, one of the oldest footwear brands in the U.S. Commenting the deal, Jamie Salter, chairman and CEO of ABG , highlighted that “Frye is an American legacy brand which has been synonymous with quality and style for more than a century.” In regards to the new...
Apr 27, 2017
US developer and licensee of apparel and accessory brands Authentic Brands Group LLC is allegedly preparing for an initial public offering (IPO) of shares. People familiar with the matter point at the first half of 2016 as the preferred date range. Authentic Brands' majority owner, private equity firm Leonard Green & Partners LP, is currently in...
Nov 24, 2015
Brand Management firm Authentic Brands has taken over bankrupt lingerie company Frederick's of Hollywood. In April, Frederick's of Hollywood filed for bankruptcy court protection in Delaware. ABG put in a 22.5 million dollar horse bid for the brand as part of a court-approved action process. Reports say that no other company made an offer that...
Jun 15, 2015
