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Simon Property Group reduces stake in Authentic Brands Group from just under 12% to just under 10% for US$300M in cash; news comes months after company reduced its stake in Sparc, co-owned by Simon and Authentic, which licenses Forever 21 and other labels
Published:
February 07, 2024
by Retail Dive
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Arena Group, which publishes Sports Illustrated, has its license to operate the publication revoked, says it will lay off many of its employees, while others told they would keep their jobs for at least 90 days
Published:
January 22, 2024
by West Hawaii Today
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Authentic Brands Group and Simon Property Group enter omnichannel distribution joint venture with Shein, called Sparc Group; deal will allow Shein to test brand experiences at US Forever 21 locations, while Forever 21 gains access Shein's customer base
Published:
August 24, 2023
by Retail Dive
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