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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 ]
Salter is the co-founder of Hilco Consumer Capital, the private equity unit of Hilco Trading LLC, which he helped start in December 2006. [5] He left Hilco in 2010 to start his own company, Authentic Brands Group. In November 2021, after a funding round valued the company at $9.5 billion, Salter's net worth was estimated at US$1.1 billion. [1]
Authentic Entertainment, LLC is a Burbank-based reality television company founded in 2000 by Lauren Lexton and Tom Rogan that has produced television series that cover a wide range of subjects (e.g. Ace of Cakes, Weird Travels, Toddlers & Tiaras, All on the Line, Surprise Homecoming, Flipping Out, The Best Thing I Ever Ate, Auction Kings, Off Limits, Here Comes Honey Boo Boo), and most ...
Following a $5.5 million seed round in 2022, Authentic has raised $11 million in Series A funding, Riccardi exclusively told Fortune. New York-based early stage venture capital firm FirstMark ...
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In January 2024, Wolverine World Wide announced the sale of Sperry to Authentic Brands Group who in turn is licensing the brand to the Aldo Group for North American operations. [1] Sperry's year-on-year sales for the quarter ending September 30th had fallen 41.4%. The sale to Authentic Brands Group generated proceeds of around $130 million.
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In 2015, Stuart Weitzman was sold to Coach and Jones New York was sold to Authentic Brands Group. [7] [8] In December 2016, Easy Spirit was sold to Marc Fisher Footwear. [9] The Kasper Group was then purchased and incorporated under the parent company Nine West Holdings in January 2017. [10]