BlackRock’s Long Term Private Capital fund, alongside Spanish businessman Javier Ferrán, has become the main shareholder of Creed, one of the world’s most ancient independent perfume labels, founded in the UK in 1760.
NYC Alliance will now design, produce, and distribute Juicy Couture sportswear products for women including tees, dresses, cardigans and more, as well as new versions of Juicy Couture's famous tracksuits.
The Italian eyewear group has bought a 70% stake in Blenders Eyewear LLC from Chase Fisher, who founded the company in 2012 and remains as CEO with a 30% interest. The company’s full valuation was $90 million.
Almost three months after Barneys declared bankruptcy, Authentic Brands Group announced on Friday that it has finalized its purchase of the department store retailer and laid out its future plans for the company.
Luxury retailer Barneys New York is close to being sold to licensing firm Authentic Brands Group after a competing bid from a trade show executive failed to qualify for a bankruptcy auction, sources have told Reuters.
Located in the Colonia Polanco neighborhood of Mexico City, the headquarters is set to generate growth opportunities for Authentic Brands and its portfolio across Mexico, Central and South America, the company said.