×
2 729
Fashion Jobs
NORDSTROM
Asset Protection - Agent - Willowbrook Mall Rack
CDI · Langley
NORDSTROM
Position Asset Protection Agent - Heartland Town Center Rack
CDI · Mississauga
NORDSTROM
Asset Protection - Security Ambassador - Deerfoot Meadows Rack
CDI · Calgary
NORDSTROM
Asset Protection - Security Ambassador - Ottawa Train Yards Rack
CDI · Ottawa
NORDSTROM
Asset Protection - Agent - Yorkdale
CDI · Toronto
NORDSTROM
Asset Protection - Security Ambassador - Eaton Centre
CDI · Toronto
ESTÉE LAUDER
le Labo Field Executive Sales Manager
CDI · Toronto
L'OREAL GROUP
Education Project Coordinator
CDI · Montréal
TJX CANADA
Loss Prevention Store Investigator
CDI · Calgary
LEVI'S
Levi's Sales And Merchandising Supervisor, Part-Time, Toronto Eaton Centre, Toronto, on-1
CDI · Toronto
L'OREAL GROUP
Business Consultant
CDI · Vancouver
NORDSTROM
Asset Protection Coordinator - Pacific Centre
CDI · Vancouver
ESTÉE LAUDER
Field Executive Training Manager- Tom Ford Beauty, Kilian Paris, Frederic Malle
CDI · Toronto
TJX CANADA
Learning & Development Manager, Business Relationships
CDI · Mississauga
TJX CANADA
Winter Term Finance Analyst cO-Op
CDI · Mississauga
NORDSTROM
Asset Protection - Agent - Sherway Gardens
CDI · Toronto
NORDSTROM
Asset Protection Coordinator - Yorkdale
CDI · Toronto
ADIDAS
Sales & Territory Marketing Manager
CDI · Calgary
ADIDAS
Senior Finance Manager, Accounting & Payables
CDI · Vaughan
NORDSTROM
Asset Protection - Agent - Deerfoot Meadows Rack
CDI · Calgary
WINNERS
Full-Time Jewelry Consultant, Winners & Homesense, Coquitlam
CDI · Coquitlam
ZARA
Gérant(e) de Magasin, Zara Ottawa
CDI · OTTAWA
Published
Jul 11, 2021
Share
Download
Download the article
Print
Click here to print
Text size
aA+ aA-

Authentic Brands Group files IPO

Published
Jul 11, 2021

Authentic Brands Group (ABG), the owner of brands including Barney's, Juicy Couture, Nautica, Nine West, and Forever 21, has filed an IPO. 

Authentic Brands Group files IPO. - Facebook: Juicy Couture


The New York-based brand management company will list its stock under the symbol AUTH on the New York Stock Exchange. Bank of America Corp., JPMorgan Chase & Co., and Goldman Sachs Group Inc. are leading the IPO.

In a regulatory filing, the company said it plans to sell $100 million worth of stock, though that amount is likely to change. The filing did not specify the anticipated offering price, date for the shares, or a valuation of the company. 

Most recently, ABG has been buying up bankrupt retailers at a rapid rate, partnering with mall owner Simon Property Group in the acquisitions of several retailers. It acquired Forever 21, Brooks Brothers, and Juicy Couture in 2020 alone. Prior to that, it bought Barney's, Nine West and Aéropostale out of bankruptcy. Today, it has a portfolio of more than 30 brands. 

Founded by Jamie Salter in 2010, ABG was valued at $4 billion in 2019 following an $875 million investment by BlackRock. Now, Bloomberg estimates that Authentic Brands actually could be worth about $10 billion when its IPO finally comes to market. 

The SEC filing lists Simon Property Group along with BlackRock Inc., Leonard Green & Partners LP, General Atlantic LLC, and Lion Capital LLP as Authentic Brands' largest shareholders.

Copyright © 2021 FashionNetwork.com All rights reserved.