Authentic Brands Groups has named Lim Mi-Kyoung senior vice president, head of Australia and New Zealand. She will oversee the company’s regional expansion in that area, focusing on brand development and seeking to build long-term growth. Mi-Kyoung is Authentic’s first employee in the region and will build a team dedicated to growing the company’s portfolio … Read more
The bids are in and the Champion sale process is closer to finding its winner. Hanesbrands Inc. hired Goldman Sachs & Co. and Evercore last year to explore “strategic options” for the active brand, leading to an auction that set the deadline on first-round bids for Wednesday, WWD previously reported. A source close to the … Read more
LONDON – Less than a year after forging a deal, Authentic has severed ties with AARC, its U.K. and European retail partner for the Ted Baker business. Authentic said in a statement over the weekend that AARC had not met its financial obligations, and had failed to invest in the Ted Baker business. Last April, Authentic signed … Read more
Next month, ChatGPT will go somewhere it has never gone before — the face — thanks to the February launch of a new range of audio-driven smart glasses called Nautica by Lucyd. The device collection, which will ship in late January, brings OpenAI’s bot to a new fashion frontier through a partnership between Innovative Eyewear … Read more
Authentic Brands Group has added another company to its stable — Sperry, the quintessential boat shoe brand. Early Thursday, the New York-based brand development, entertainment and marketing platform said it purchased the American heritage footwear brand. At the same time, it has inked a deal with the Aldo Group to serve as Sperry’s North American … Read more
