Authentic Brands

Today’s news in brief-14/1/25

JD Sports adjusted its profit expectations for FY24 to £915m-£935m, down from an earlier forecast of £955m-£1bn, citing challenging market…

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Authentic Brands Group names Matt Maddox as president

Authentic Brands Group, a global brand development and licensing platform valued at $20bn (£16.3bn), has announced the appointment of Matt…

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Today’s news in brief-20/11/24

Ted Baker has re-entered the online retail scene with a UK-exclusive ecommerce platform following its financial collapse earlier this year.…

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Today’s news in brief-1/10/24

Mulberry has turned down an £83m acquisition bid from Frasers, arguing it undervalues the company’s potential. Frasers offered 130 pence…

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Authentic Brands acquires Champion in $1.2bn deal

Authentic Brands Group has announced that it has finalised the acquisition of athleticwear brand Champion in a $1.2bn (£899m) deal.…

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Today’s news in brief-9/9/24

Asos has declined a £215m bid for Topshop from Shein and Authentic Brands Group, choosing instead to proceed with a…

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Asos rejected £215m Shein Topshop bid for lower offer

Asos reportedly declined a £215m bid for Topshop from Shein and Authentic Brands Group, in favour of its joint venture…

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Today’s news in brief-28/8/24

Authentic Brands Group has partnered with United Legwear and Apparel Co (ULAC) to manage Ted Baker’s e-commerce operations in the…

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Ted Baker owner names operator for UK online business

The owner of Ted Baker has signed a deal with an American partner to manage the clothing brand’s e-commerce operations…

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Ted Baker to shutter remaining stores, 500 jobs at risk

The remaining 31 Ted Baker stores will permanently shutter this week, putting more than 500 jobs at risk. According to Sky…

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