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*[[Nautica (clothing company)|Nautica]] (2018)<ref>{{Cite web |url=https://www.ispo.com/en/companies/authentic-brands-acquires-nautica-vf-corporation |title=Authentic Brands Group acquires Nautica from VF Corporation |website=ipso.com |access-date=2019-11-22}}</ref>
*[[Nautica (clothing company)|Nautica]] (2018)<ref>{{Cite web |url=https://www.ispo.com/en/companies/authentic-brands-acquires-nautica-vf-corporation |title=Authentic Brands Group acquires Nautica from VF Corporation |website=ipso.com |access-date=2019-11-22}}</ref>
*Neil Lane (2017)<ref>{{Cite web |url=https://multichannelmerchant.com/news/authentic-brands-group-acquires-neil-land-brand/ |title=Authentic Brands Group Acquires Neil Lane Brand |website=multichannelmerchant.com |access-date=2019-11-22}}</ref>
*Neil Lane (2017)<ref>{{Cite web |url=https://multichannelmerchant.com/news/authentic-brands-group-acquires-neil-land-brand/ |title=Authentic Brands Group Acquires Neil Lane Brand |website=multichannelmerchant.com |access-date=2019-11-22}}</ref>
*[[Nine West]] (2018)<ref>{{Cite web |url=https://sgbonline.com/authentic-brands-group-acquires-nine-west/ |title=Authentic Brands Group Acquires Nine West |website=sgbonline.com |access-date=2019-11-22}}</ref>
*[[Nine West]] (2018)
*Palm Beach (2012)
*Palm Beach (2012)
*Sansabelt (2012)
*Sansabelt (2012)

Revision as of 15:48, 22 November 2019

Authentic Brands Group LLC
IndustryBrand management
Talent management
Retail
Publishing
Founded2010
FounderJamie Salter
Headquarters
New York City
Key people
Jamie Salter, CEO
Nick Woodhouse, president and CMO
OwnerBlackRock and minority shareholders Leonard Green & Partners, General Atlantic and Lion Capital LLP.[1]
SubsidiariesSports Illustrated
Herve Leger
Nautica
Nine West
Frye
Juicy Couture
Volcom
Websitewww.authenticbrandsgroup.com

Authentic Brands Group LLC (ABG) is a New York City-based brand management company. Its holdings include various apparel, athletics, and entertainment brands, for which it partners with other companies to license and merchandise.[2] ABG owns more than 50 consumer brands,[3] as well as the likeness rights and/or estates to a number of celebrities, including Muhammad Ali, Elvis Presley, Shaquille O'Neal, and Marilyn Monroe.

History

The company was founded in 2010 by Jamie Salter, after he stepped down from his role as CEO of Hilco Consumer Capital—a company that was involved in the restructuring of struggling consumer brands (such as Bombay Company and Polaroid Corporation).[4] Salter invested $250 million in the new venture, and the majority of the equity was sold to Leonard Green & Partners.[4] Two of ABG's first major purchases were the clothing brands Silver Star and Tapout.[4] In January 2011, Authentic Brands Group acquired rights to the likeness of Marilyn Monroe.[4][5][6]

On October 7, 2013, Authentic Brands Group announced the purchase of Juicy Couture from Fifth & Pacific for $195 million.[7] The following month, ABG acquired the estate of Muhammad Ali, and CORE Media Group's 85% stake in Elvis Presley Enterprises (which includes the estate of Elvis Presley, likeness rights, and music publishing assets).[8][9][10][11]

In December 2015, basketball player Shaquille O'Neal signed with ABG to manage his likeness and marketing rights.[12] In September 2016, Julius Erving also sold his name and licensing rights to ABG,[13] and Aéropostale was purchased out of bankruptcy by a consortium that included ABG and other investors.[14][15]

In March 2017, ABG became the controlling partner of Greg Norman's consumer products business.[16]

In March 2018, ABG announced that they would acquire Nautica from VF Corporation.[17] On June 10, 2018, ABG announced that it was the winning bidder for the intellectual property of Nine West Holdings.[18] The acquisition was completed on July 3, 2018.[19] On October 10, 2018, ABG announced that it had entered into an agreement to purchase a majority stake in the intellectual property of the Camuto Group's proprietary brands in partnership with DSW Inc.[20]

On May 27, 2019, ABG announced its acquisition of sports magazine Sports Illustrated from Meredith Corporation for $110 million.[21] The company stated it planned to leverage its trademarks and other non-core assets in new ventures. Meredith will continue to publish the Sports Illustrated magazine and digital properties under license for at least two years.[22] On June 18, 2019, it was announced that rights to publish the Sports Illustrated editorial operations would be licensed to The Maven under a 10-year deal, with Ross Levinsohn as CEO.[23][24] In August 2019, BlackRock became the largest shareholder in Authentic Brands.[25]

Portfolio

The year of acquisition is listed in parentheses.

Celebrity and entertainment

Fashion and luxury

Home

  • Drexel (2018)
  • Henredon (2018)
  • Thomasville (2018)

Athletic wear

Media

References

  1. ^ "BlackRock Takes Stake in Owner of Sports Illustrated, Nine West", by Miriam Gottfried and Cara Lombardo, The Wall Street Journal, Auust. 11, 2019. Retrieved October 1, 2019.
  2. ^ Young, Vicki M. (2017-10-30). "General Atlantic Makes Investment in Authentic Brands Group". WWD. Retrieved 2018-10-04.
  3. ^ Palmieri, Jean E. (2018-09-24). "ABG's Nick Woodhouse on Building an Influencer Network". WWD. Retrieved 2018-10-04.
  4. ^ a b c d "Toronto native Jamie Salter rebrands Marilyn Monroe". The Globe and Mail. Retrieved 2019-05-28.
  5. ^ "Authentic Brands Group LLC and NECA Inc. Acquire the Intellectual Property of Marilyn Monroe LLC". prnewswire.com. Retrieved November 22, 2019.
  6. ^ "Leonard-Green Backed Authentic Brands to Buy Rest of Marilyn Monroe". pehub.com. Retrieved November 22, 2019.
  7. ^ "UPDATE 1-Fifth & Pacific sells Juicy Couture brand for $195 million". Reuters. 7 October 2013.
  8. ^ "Elvis Presley brand sold to Authentic Brands Group". cbc.ca. Retrieved November 22, 2019.
  9. ^ Yan, Sophia (2013-11-20). "Sold! Elvis Presley Inc. has a new owner". CNNMoney. Retrieved 2019-05-28.
  10. ^ "Sting like a bee: ABG buys rights to Ali brand". ESPN.com. 2013-11-19. Retrieved 2019-05-28.
  11. ^ Halperin, Shirley (2017-08-16). "Elvis Presley Today: Graceland Proprietor on 'Blade Runner' Cameo, Hologram Plans, Changing Fanbase". Variety. Retrieved 2019-08-06.
  12. ^ "Shaq sells rights to future business endeavors". ESPN.com. 2015-12-17. Retrieved 2019-05-28.
  13. ^ "Erving sells majority rights to 'Dr. J' name, image". ESPN.com. 2016-09-27. Retrieved 2019-05-28.
  14. ^ Wahba, Phil (September 13, 2016). "Aéropostale Won't Go Out of Business After All". Fortune. Retrieved February 10, 2018.
  15. ^ Wilson, Marianne (January 11, 2017). "Teen apparel retailer reopens 500-plus stores". Chain Store Age. Retrieved February 10, 2018.
  16. ^ "Norman has deal with brand licensing firm ABG". ESPN.com. 2017-03-21. Retrieved 2019-05-28.
  17. ^ Howland, Daphne (2018-03-19). "Authentic Brands snaps up Nautica from VF". Retail Dive. Retrieved 2018-03-22.
  18. ^ "Authentic Brands beats DSW in auction for Nine West: sources". Reuters. 2018-06-10. Retrieved 2018-09-11.
  19. ^ "ABG Completes the Acquisition of Nine West and Bandolino". Authentic Brands Group. 2018-07-03. Retrieved 2018-09-11.
  20. ^ Young, Vicki M. (2018-10-10). "Camuto Group to Be Acquired by ABG, DSW for $375 Million". WWD. Retrieved 2018-10-15.
  21. ^ Bennett, Anita (May 28, 2019). "Sports Illustrated Sold To Authentic Brands Group For $110 Million". Deadline Hollywood. Retrieved May 28, 2019.
  22. ^ Steinberg, Brian (May 28, 2019). "Meredith Sells Sports Illustrated to Authentic Brands Group for $110 Million". Variety. Retrieved May 28, 2019.
  23. ^ Kelly, Keith J. (2019-06-17). "Sports Illustrated's media ops are getting a new operator". New York Post. Retrieved 2019-06-18.
  24. ^ James, Meg. "Ross Levinsohn, now with Maven, to manage Sports Illustrated magazine". latimes.com. Retrieved 2019-06-18.
  25. ^ https://www.wsj.com/articles/blackrock-to-take-stake-in-owner-of-sports-illustrated-nine-west-11565536592?mod=rsswn
  26. ^ "Authentic Brands Partners With Julius Erving to Own and Manage the Dr. J Brand". wwd.com. Retrieved 2019-11-22.
  27. ^ "Greg Norman signs with brand development and licensing company Authentic Brands Group". espn.com. Retrieved 2019-11-22.
  28. ^ "Shaquille O'Neal sells rights to future business endeavors". espn.com. Retrieved 2019-11-22.
  29. ^ "Thalía Teams With Authentic Brands Group for Strategic Partnership". wwd.com. Retrieved 2019-11-22.
  30. ^ a b c "Authentic Brands Buys Judith Leiber, Taryn Rose, Adrienne Vittadini". wwd.com. 2019-11-22. Retrieved 2019-11-22.
  31. ^ "Aéropostale Consortium Finalizes Acquisition". businesswire.com. Retrieved 2019-11-22.
  32. ^ "Authentic Brands Group acquires Frederick's of Hollywood". usfashinnetwork.com. Retrieved 2019-11-22.
  33. ^ "Authentic Brands Group acquires majority stake in Frye". us.fashionnetwork.com. Retrieved 2019-11-22.
  34. ^ a b c "HMX Group, Authentic Brands Deal Done The deal spins off the operating arm to W Diamond Group". wwd.com. Retrieved 2019-11-22.
  35. ^ "Authentic Brands Group acquires Hervé Léger from Marquee Brands". us.fashionnetwork.com. Retrieved 2019-11-22.
  36. ^ "Authentic Brands Group Acquires Jones New York". apparelnews.net. Retrieved 2019-11-22.
  37. ^ "Authentic Brands Group acquires Juicy Couture". fashionunited.com. Retrieved 2019-11-22.
  38. ^ "Authentic Brands Group acquires Nautica from VF Corporation". ipso.com. Retrieved 2019-11-22.
  39. ^ "Authentic Brands Group Acquires Neil Lane Brand". multichannelmerchant.com. Retrieved 2019-11-22.
  40. ^ "Authentic Brands Group Acquires Nine West". sgbonline.com. Retrieved 2019-11-22.
  41. ^ "Authentic Brands Group continues to grow with its third acquisition of 2015". campfire-capital.com. Retrieved 2019-11-22.
  42. ^ a b c d "Authentic Brands Group Adds to Portfolio". footwearnews.com. Retrieved 2019-11-22.
  43. ^ "Prince Sports to be Sold to Authentic Brands Group in Bankruptcy Proceedings". sgbonline.com. Retrieved November 22, 2019.
  44. ^ a b "Authentic Brands Group acquires TapouT and Silver Star MMA-apparel companies". mmajunkie.usaatoday.com. Retrieved November 22, 2019.
  45. ^ "Authentic Brands Acquires Sportcraft Ltd Intellectual Property". sgbonline.com. Retrieved November 22, 2019.
  46. ^ "Authentic Brands Group, LLC Completes Purchase of Spyder Active Sports, Inc". prnewswire.com. Retrieved 2019-11-22.
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