Authentic Brands Group
This coverage examines Authentic Brands Groupโs role and strategy within the UK retail landscape. Reporting highlights brand acquisitions and licensing deals, retail partnerships, product relaunches, marketing initiatives, and leadership updates โ all analysed for their influence on brand portfolios, wholesale and retail operations, and market positioning. The content is designed for retail brand managers, licensing executives, and professionals overseeing multi-brand growth strategies.
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Jan- 2025 -14 JanuaryNews-In-Brief
Today’s news in brief-14/1/25
JD Sports adjusted its profit expectations for FY24 to ยฃ915m-ยฃ935m, down from an earlier forecast of ยฃ955m-ยฃ1bn, citing challenging market conditions during the holiday season. Sales in the nine weeks to January 4 dipped 1.5%, though December saw a 1.5% rise in like-for-like sales. Organic revenue grew 3.4%, driven by…
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14 JanuaryPeople Moves
Authentic Brands Group names Matt Maddox as president
Authentic Brands Group, a global brand development and licensing platform valued at $20bn (ยฃ16.3bn), has announced the appointment of Matt Maddox as president. Authentic said Maddox is a โhighly accomplished leaderโ with more than 20 years of experience in global hospitality and gaming. He most recently served as CEO of…
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Nov- 2024 -20 NovemberNews-In-Brief
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. The site is operated by United Apparel and Legwear (ULAC), appointed by Authentic Brands Group, which owns the brand. European versions are in development. This marks a strategic pivot after…
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Oct- 2024 -1 OctoberNews
Today’s news in brief-1/10/24
Mulberry has turned down an ยฃ83m acquisition bid from Frasers, arguing it undervalues the company’s potential. Frasers offered 130 pence per share for a 36.8% stake, prompting Mulberry’s board, backed by majority shareholder Challice, to reject the offer and focus on CEO Andrea Baldo’s turnaround strategy. Authentic Brands Group has…
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1 OctoberClothing & Shoes
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 (ยฃ899m) deal. As the second-largest brand acquisition in Authenticโs history behind that of Reebok, Champion generates nearly $3bn (ยฃ2.2bn) in global retail sales annually. Authentic is set to expand Championโs global presence…
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Sep- 2024 -9 SeptemberNews
Today’s news in brief-9/9/24
Asos has declined a ยฃ215m bid for Topshop from Shein and Authentic Brands Group, choosing instead to proceed with a joint venture alongside Heartland, an investment firm owned by retail billionaire Anders Povlsen. This decision values Topshop and Topman at ยฃ180m, with Asos selling a 75% stake for ยฃ135m. The…
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9 SeptemberOnline & Digital
Asos rejected ยฃ215m Shein Topshop bid for lower offer
Asos reportedly declined a ยฃ215m bid for Topshop from Shein and Authentic Brands Group, in favour of its joint venture with Heartland, according to The Sunday Times. The retailer agreed to sell a 75% stake in Topshop and Topman for ยฃ135m in a deal that valued the two brands at…
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Aug- 2024 -28 AugustNews
Today’s news in brief-28/8/24
Authentic Brands Group has partnered with United Legwear and Apparel Co (ULAC) to manage Ted Bakerโs e-commerce operations in the UK and Europe. ULAC will handle online sales starting this fall, aiming to enhance the brand’s digital presence alongside its physical retail strategy. This move follows the closure of Ted…
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28 AugustOnline & Digital
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 brandโs e-commerce operations in the UK and Europe.ย Authentic Brands Group has struck a deal with United Legwear and Apparel Co (ULAC), with Ted Bakerโs online operations set to relaunch in the UK this…
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19 AugustClothing & Shoes
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.ย According to Sky News, the closures come as talks over a licensing partnership between Frasers Group and Ted Bakerโs owner, Authentic Brands Group (ABG), stalled.ย Ted Baker has already shuttered 15 stores across…
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