BlackRock's new private equity fund Long Term Private Capital has completed its maiden investment, taking up an $875 million stake in Authentic Brands Group, making it the largest investor in the U.S.-based company.
In April, Volcom was sold by Kering to a pool of investors including the US brand’s management. It has ambitious plans for the future, as Todd Hymel, CEO of Volcom’s new owner Liberated Brands, told FashionNetwork.com.
There was no party to celebrate the summer solstice at the German sports giant, which has been battered by some strong winds over the last week, as a storm has brewed around the issue of diversity in its American teams.
Juicy Couture, a subsidiary of Authentic Brands Group (ABG), has announced a new partnership with K&S Outerwear, a New York-based apparel and accessories designer and manufacturer specializing in outerwear.
The intimates and swimwear company announced on Thursday that it has concluded its acquisition of FOH Online Corp, exclusive licensee for the Frederick’s of Hollywood brand’s international e-commerce business.
DSW and Authentic Brands Group have acquired the operations of Camuto Group for a combined sum of roughly $341 million, securing the Vince Camuto brand and footwear licenses for Jessica Simpson and Lucky Brand.