Today in Europe, the Middle East and Africa (EMEA) news, Ted Baker is to be bought by Authentic Brands Group for $253 million, while Remitly has agreed to acquire Israeli remittance solution Rewire for $80 million. Authentic Brands Set to Acquire UK’s Ted Baker at...
Today in the connected economy, Amazon makes a deal with Grubhub that could give it as much as a 15% stake in the food delivery service. Plus, FinTech firm Revolut teams with financial infrastructure platform Stripe to support its expansion plans, while Forever 21 owner...
Reebok owner Authentic Brands plans to expand its clothing offerings and add NFT and cryptocurrency payments in an effort to bolster the sneaker company following its $2.5 billion purchase last year. As Bloomberg News reported Tuesday (March 1), Authentic said it has signed roughly 12...
Authentic Brands Group will buy a majority stake in the brand management company DB Ventures, which is owned by former soccer player David Beckham, Bloomberg reported Monday (Jan. 3). The deal will go forward for 200 million pounds, and Authentic Brands will gain a 55%...
March 01, 2022
Reebok owner Authentic Brands plans to expand its clothing offerings and add NFT and cryptocurrency payments in an effort to bolster the sneaker company following its $2.5 billion purchase last year. As Bloomberg News reported Tuesday (March 1), Authentic said it has signed roughly 12 distribution partners in more than 80 countries, including Foot Locker, […]
January 03, 2022
Authentic Brands Group will buy a majority stake in the brand management company DB Ventures, which is owned by former soccer player David Beckham, Bloomberg reported Monday (Jan. 3). The...
May 27, 2021
The clothing conglomerate Authentic Brands Group is preparing an initial public offering (IPO) that could arrive as soon as this summer, CNBC reported 0n Thursday (May 27). Authentic, whose companies...
December 14, 2020
Authentic Brands is said to be in talks with Debenhams and Arcadia Group administrators, with unnamed sources claiming that the retail company is mulling a bid for the Sir Philip...
