Authentic Brands Group on Thursday announced Al Boom Marine as its new operating partner for Reebok in the GCC, the Middle East including Iraq and Lebanon, and North Africa including Algeria, Egypt and Morocco.
ASOS faced “challenging market conditions” in the last four months of 2021 yet still managed to post revenue growth, it said on Thursday as it also announced plans to list its shares on London's Main Market.
David Beckham is reportedly selling a 55% stake in his management business to acquisition-hungry Authentic Brands Group (ABG) for as much as £200 million. The reports haven't been confirmed by either party.
Authentic Brands Group has inked a deal for Reebok to be sold via nearly 3,000 JD Sports stores worldwide, the latest step in the US group’s organisational overhaul of the sport brand before its purchase’s completion.
After a 7-year distribution partnership with Siker Sports, the Swiss sneaker brand will take direct control of its operations on the Spanish market on January 1, having named Jens Ullbrich as sales director Spain.