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Simon Sells Off Authentic Brands Group Stake, Will Put up No Capital for Express

Retail TouchPoints

Simon Property Group , is making some shifts in its “side hustle” as a brand owner. On an earnings call discussing its Q1 2024 results, CEO David Simon shared that the company had sold its remaining stake in brand management firm Authentic Brands Group for $1.2 The biggest mall owner in the U.S.,

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Authentic Brands, Owner of Forever 21 and JCPenney, Files for IPO

Retail TouchPoints

Authentic Brands Group (ABG) — which has made a name for itself by scooping up bankrupt retail brands such as Forever 21 , JCPenney , Aéropostale and Brooks Brothers and bringing them back to life through licensing — is planning to go public. In June 2020, ABG also bought fellow brand management company PVH Corp. ’s

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Famous Footwear Parent Caleres Outlines Executive Changes

Retail TouchPoints

Caleres has revealed its executive succession plan after CEO Diane Sullivan announced her retirement, effective Jan. Caleres is the parent company of footwear brands such as Famous Footwear , Blowfish Malibu , Dr. Scholl’s Shoes , Naturalizer and Sam Edelman. 15, 2023, with Jay Schmidt taking the reins as the top executive.

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Analysis: What’s changed since the Farfetch-YNAP deal was first announced

Inside Retail

Compagnie Financière Richemont said that the European Union was the last regulatory authority that was required to provide clearance, and Richemont is planning to complete the deal later during the fourth quarter of 2023. Richemont first purchased Net-a-Porter in 2010 for approximately US$550 million, before merging it with Yoox.

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Renfroe to succeed Irby as Publix’ marketing VP

Mass Relators

. — Publix Super Markets’ vice president of marketing Mark Irby plans to retire at the end of February. She became a field marketing coordinator in 2006, category marketing manager in 2010 and manager of marketing brand management in 2016. The 48-year company veteran will be succeeded by Malinda Renfroe.

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Cosy Club selects centre:mk for its latest location

A1 Retail

Cosy Club, the well-known restaurant brand managed by award-winning hospitality business, Loungers, has selected centre:mk Milton Keynes for its latest location and one of only a handful in the South East. In line with the brand’s iconic look, the interior at Cosy Club Milton Keynes will create a sense of occasion.