LONDON – Authentic Brands Group continues to transform Ted Baker’s business: On Wednesday, it hired United Legwear & Apparel Co. to manage Ted Baker’s e-commerce operations in Europe and the UK, where all remaining physical stores were forced to close earlier this month as negotiations with Fraser Group over a potential takeover of the UK […]
After a weeks-long bidding process, Authentic Brands Group emerged victorious after agreeing to buy athletic apparel brand Champion from HanesBrands Inc. for just over $1 billion. “Champion agreed to the takeover by ABG last Friday or Monday,” said a source familiar with the negotiations. “They should be completed in late May or early June.” More […]
A few weeks ago it was said that it “could happen”, but now it looks certain following a report that all Ted Baker stores in the UK will close permanently in the middle of the week. In addition, Sky News suggested that the expected retail licensing deal with Frasers Group is unlikely to go ahead, […]
