M&A Deal Summary

Authentic Brands Group Acquires Forever 21

On February 3, 2020, Authentic Brands Group acquired apparel/textiles company Forever 21 for 81M USD

Acquisition Highlights
  • This is Authentic Brands Group’s 11th transaction in the Apparel/Textiles sector.
  • This is Authentic Brands Group’s 7th largest (disclosed) transaction.
  • This is Authentic Brands Group’s 18th transaction in the United States.
  • This is Authentic Brands Group’s 4th transaction in California.

M&A Deal Summary
Date 2020-02-03
Target Forever 21
Sector Apparel/Textiles
Buyer(s) Authentic Brands Group
Deal Type Special Situations/Distressed
Deal Value 81M USD

Target

Forever 21

Los Angeles, California, United States
Forever 21, Inc. owns and operates apparel stores for men, women, and girls in the United States and internationally.

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Buyer(S) 1

Buyer

Authentic Brands Group

New York, New York, United States
Category Company
Sector Consumer Products
DESCRIPTION

Authentic Brands Group is a brand development company which owns a major global portfolio of iconic fashion, sports and entertainment brands. ABG's mission is to acquire, manage and build long-term value of consumer brands through partnering with best-in-class licensees and retailers. Authentic Brands Group is based in New York City.

DEAL STATS #
Overall 21 of 29
Sector (Apparel/Textiles) 11 of 18
Type (Special Situations/Distressed) 4 of 6
State (California) 4 of 5
Country (United States) 18 of 24
Year (2020) 1 of 2
Size (of disclosed) 7 of 7
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2019-10-25 Barneys New York

New York, New York, United States

Barneys New York, Inc. is a luxury specialty retailer provides women’s and men’s ready-to-wear, accessories, shoes, jewelry, cosmetics, fragrances, and gifts for the home. Barneys New York was founded in 1923 and is based in New York.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2020-08-14 Lucky Brand

Los Angeles, California, United States

Lucky Brand is a fashion designer and manufacturer of premium denim in North America. Vintage-inspired jeans, broken-in graphic tees, classic leather motorcycle jackets, and bohemian styles all capture the laidback vibes and authenticity of Lucky. Lucky currently has over 230 locations in North America and is sold in select department stores and independent boutique retail locations. The company also interacts with customers and offers its products through its own direct-to-consumer website. Lucky Brand was formed in 1990 and is based in Los Angeles, California.

Buy $140M
Mergr

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