Beckham snags stake in Authentic Brands Group in ‘next chapter’ for footballer’s brand david beckham David Beckham has branched out his investments into entertainment, becoming a shareholder of Authentic Brands Group’s (ABG) celebrated athletes and sports portfolio. The famous footballer, known for his diverse portfolio of cannabis companies and electric vehicle startups, has strategic partnerships with Adidas, Tudor, Maserati, EA Sports, Sands and Diageo. The deal means Beckham will join [...]
Topshop on the block: Meet the runners and riders… Retail Asos bought Topshop and a number of its sister brands such as Topman and Miss Selfridges for £265m back in 2021 after Arcadia plunged into administration.
Shein still keen to buy Topshop from Asos Retail Fast-fashion disruptor Shein is reportedly still interested in buying Topshop from Asos, the former golden egg of Philip Green’s now collapsed Arcadia empire.
Could Asos be set to offload Topshop? October 28, 2023 Asos, the ailing online fashion retailer, is exploring a sale of Topshop, less than three years after it acquired the high street brand from Philip Green’s collapsed Arcadia empire. Notice of the sale could be announced as soon as Wednesday in conjunction with the digital retailers full year results, which Asos said have been pushed [...]
Gambling giant 888 admits defeat in war for US gamblers March 6, 2024 888 operates SI-branded gambling sites in the US but has admitted profit margins are too low across the Atlantic
Reebok owner ABG could table offer for Ted Baker April 23, 2022 Authentic Brands Group, the management company behind Reebok and Forever 21, is reportedly considering to make a bid for Ted Baker. City sources told Sky News the group is among several parties who could make a play for the London-listed fashion chain on Thursday, even though it is still not certain. ABG’s proposal could be [...]
Shein is plotting world domination, should UK retailers be worried? November 2, 2023 It is expected that Shein’s chokehold on shoppers will get even greater after acquiring its first UK company earlier this week.
Reebok owner closes in on Ted Baker deal August 15, 2022 Ted Baker is on the verge of being taken over by a US consumer goods group which owns Reebok, according to Sky News.
Reebok and Forever 21 owner Authentic Brands snaps up Ted Baker in £211m deal August 16, 2022 After months of speculation, the Juicy Couture and Forever 21 owner Authentic Brands has said it will buy Ted Baker for an estimated £211m.
Ted Baker sees lift in sales as rebounding store revenues are offset by slump in demand September 2, 2022 Fashion brand Ted Baker has revealed that recovering store footfall helped support higher sales over the past quarter as it prepares for its US takeover. Last month, the retail business agreed a £211 million takeover by Authentic Brands Group, the US owner of Reebok and Juicy Couture. Ted Baker shareholders will vote on the move [...]