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In July 2020, Lucky Brand filed for bankruptcy, and was acquired by Authentic Brands Group. [2] On 24 April 2024, Ted Baker Canada, the operator of Lucky Brand stores in Canada, filed for creditor protection in Canada and Chapter 15 bankruptcy in the U.S. The company blamed the operation suppliers of Authentic Brands Group for failing to pay.
Lucky Brand operates more than 200 U.S. stores, mostly in shopping malls, and sells items at other chains including Macy’s, Nordstrom and Costco.
Authentic Brands Group LLC (ABG) is an American brand management company headquartered in New York City. Its holdings include various apparel, athletics, and entertainment brands, which it partners with other companies to license and merchandise. [2]
On Friday, Lucky Brand Dungarees, LLC announced they had filed for Chapter 11 bankruptcy and that the company is looking to sell the business to SPARC Group, operator of Aéropostale and Nautica.
The Court would reject, though, charging Lucky Brand for violations of the 2005 case as it did not involve the use of Marcel's "Get Lucky", but rather Lucky Brand's own "Lucky" marks. The case would be remanded. Lucky Brand would argue that due to Marcel's releasing its claims due to the prior settlement agreement the case should be dismissed.
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related to: lucky brand canada website siteluckybrand.com has been visited by 10K+ users in the past month