Authentic Brands Group

Vince Holding Corp. Reports Third Quarter 2023 Results

Retrieved on: 
Mercredi, décembre 6, 2023

Vince Holding Corp. (NYSE: VNCE) ("VNCE" or the "Company"), a global contemporary retailer, today reported its financial results for the third quarter 2023 ended October 28, 2023.

Key Points: 
  • Vince Holding Corp. (NYSE: VNCE) ("VNCE" or the "Company"), a global contemporary retailer, today reported its financial results for the third quarter 2023 ended October 28, 2023.
  • Adjusted income from operations* in the third quarter of fiscal 2023, which excludes the Transaction Expenses was $3.1 million.
  • Excluding the Transaction Expenses, adjusted net income* for the third quarter of fiscal 2023 was $1.8 million or $0.15 per share.
  • The Company ended the quarter with 66 company-operated Vince stores, a net decrease of 1 store since the third quarter of fiscal 2022.

True Religion Launches Pet Accessories Through New Licensing Agreement with Wiesner Products Inc.

Retrieved on: 
Mercredi, novembre 29, 2023

“At True Religion, we love our pets. Now they’ll be dressed as stylishly as our customers,” said Michael Buckley, Chief Executive Officer, True Religion. “Wiesner has been a terrific partner to True Religion for many years and we are excited to enter what we all see as a fun—and booming--new business category.”

Key Points: 
  • True Religion, the iconic global lifestyle apparel and accessories brand, today announced it will launch its first collection for pets.
  • True Religion has partnered with Wiesner Products Inc. under its pet division, Paw NYC, to license True Religion-branded products for both dogs and cats, launching in Spring 2024.
  • Products under license include pet apparel, beds, toys, collars, leashes, harnesses, feeders, and cold weather accessories.
  • Now they’ll be dressed as stylishly as our customers,” said Michael Buckley, Chief Executive Officer, True Religion.

Reply Awarded With Two 2023 AWS Partner Awards: System Integrator Partner of the Year EMEA and Energy and Utilities Partner of the Year Global

Retrieved on: 
Mardi, novembre 28, 2023

The Geo and Global AWS Partner Awards celebrate a wide range of AWS Partners, whose business models have embraced specialization, innovation, and cooperation over the past year.

Key Points: 
  • The Geo and Global AWS Partner Awards celebrate a wide range of AWS Partners, whose business models have embraced specialization, innovation, and cooperation over the past year.
  • Geo and Global AWS Partner Awards recognize partners whose business models continue to evolve and thrive on AWS as they work with customers.
  • Reply is excited to announce it has received:
    - Global Industry Partner of the Year – Energy and Utilities, which recognizes top AWS Partners with the AWS Energy Competency who help customers build and implement advanced solutions powered by AWS across the industry value chain.
  • Reply, with companies highly specialized on AWS technologies - Airwalk Reply, Comsysto Reply, Concept Reply, Data Reply, Retail Reply, Sense Reply and Storm Reply - over 900 AWS certifications and 14 AWS certified competencies, implements custom tailored platforms as well as ready to use solutions with fast time-to-market natively built on the AWS infrastructure.

Centric Brands Announces Exclusive Licensing Agreement With Authentic Brands Group on Key Categories for Quiksilver, Billabong, and ROXY

Retrieved on: 
Lundi, novembre 20, 2023

Centric Brands LLC (“Centric” or the “Company”) announced today an exclusive licensing agreement with Authentic Brands Group (Authentic) to design, manufacture and distribute kids apparel for Quiksilver, Billabong and ROXY in the United States and Canada.

Key Points: 
  • Centric Brands LLC (“Centric” or the “Company”) announced today an exclusive licensing agreement with Authentic Brands Group (Authentic) to design, manufacture and distribute kids apparel for Quiksilver, Billabong and ROXY in the United States and Canada.
  • Through this agreement, Quiksilver, Billabong, and ROXY will join Centric Brands’ diverse Kids portfolio of premiere industry-leading brands.
  • “We are thrilled to welcome the Quiksilver, Billabong, and ROXY brands into our licensed portfolio.
  • These brands have been at the forefront of the action sports and lifestyle industry for decades and we feel there is tremendous runway for growth,” said Steve Pinkow, Kids Group President, Centric Brands.

Global Smart Eyewear Market Size Expected to Reach $10.6 Billion By 2024

Retrieved on: 
Mercredi, décembre 13, 2023

PALM BEACH, Fla., Dec. 13, 2023 /PRNewswire/ -- Smart glasses are considered as wearable computer glasses that add information to what the wearer sees such as navigation, health and fitness, designing, virtual reality (VR) and augmented reality (AR), and much more. Smart glasses are not yet a mainstream consumer good but are mainly used in entertainment industry, military and businesses. Soon the global smart glass market will emerge as important and trendy as the regular eyewear. Goldstein Research analyst forecasts the smart glasses market size is set to reach USD 10.6 billion by 2024, registering a CAGR of 21.5% over the forecast period. Another report from Grand View Research added that the global smart glasses market size was valued at USD 1,232 million in 2022 and is expected to grow at a compound annual growth rate (CAGR) of 27.1% from 2023 to 2030. The demand for smart glasses is increasing due to their ability to perform complex computer powered tasks. Moreover, the rising trend of wearable technology coupled with increasing technological advancements is expected to fuel the growth of smart glasses market further… the market for smart glasses is projected to benefit from new developments in 5G technologies and a rising shift toward digitization in the forecast period. The report said: "The ability of platforms to work with conservational platforms such as Google Assistant and Alexa are allowing users hands free operability. Apple Inc. is working towards its own smart glasses which will be compatible with iOS operating system and will incorporate siri to offer hands free operability experience to its users… The increased technological innovations is expected to fuel the market growth over the forecast period." Active Tech Companies active today in markets include: Innovative Eyewear, Inc. (NASDAQ: LUCY), GoPro, Inc. (NASDAQ: GPRO), Vuzix Corporation (NASDAQ: VUZI), NVIDIA Corporation (NASDAQ: NVDA), Snap Inc. (NYSE: SNAP).

Key Points: 
  • Soon the global smart glass market will emerge as important and trendy as the regular eyewear.
  • Goldstein Research analyst forecasts the smart glasses market size is set to reach USD 10.6 billion by 2024, registering a CAGR of 21.5% over the forecast period.
  • The audio smart glasses segment registered for the largest revenue share of around 29% of the market in 2022.
  • Innovative Eyewear, Inc. (NASDAQ: LUCY): Innovative Eyewear, Inc. Launches Nautica Smart Eyewear Under Multi-Year, Global Licensing Agreement with Authentic Brands Group - Innovative Eyewear, Inc. ("Innovative Eyewear" or the "Company") (NASDAQ: LUCY; LUCYW), the developer of smart eyewear, is pleased to announce through an agreement with Authentic Brands Group (Authentic), the launch of the Nautica Smart Eyewear collection.

Global Smart Eyewear Market Size Expected to Reach $10.6 Billion By 2024

Retrieved on: 
Mercredi, décembre 13, 2023

PALM BEACH, Fla., Dec. 13, 2023 /PRNewswire/ -- Smart glasses are considered as wearable computer glasses that add information to what the wearer sees such as navigation, health and fitness, designing, virtual reality (VR) and augmented reality (AR), and much more. Smart glasses are not yet a mainstream consumer good but are mainly used in entertainment industry, military and businesses. Soon the global smart glass market will emerge as important and trendy as the regular eyewear. Goldstein Research analyst forecasts the smart glasses market size is set to reach USD 10.6 billion by 2024, registering a CAGR of 21.5% over the forecast period. Another report from Grand View Research added that the global smart glasses market size was valued at USD 1,232 million in 2022 and is expected to grow at a compound annual growth rate (CAGR) of 27.1% from 2023 to 2030. The demand for smart glasses is increasing due to their ability to perform complex computer powered tasks. Moreover, the rising trend of wearable technology coupled with increasing technological advancements is expected to fuel the growth of smart glasses market further… the market for smart glasses is projected to benefit from new developments in 5G technologies and a rising shift toward digitization in the forecast period. The report said: "The ability of platforms to work with conservational platforms such as Google Assistant and Alexa are allowing users hands free operability. Apple Inc. is working towards its own smart glasses which will be compatible with iOS operating system and will incorporate siri to offer hands free operability experience to its users… The increased technological innovations is expected to fuel the market growth over the forecast period." Active Tech Companies active today in markets include: Innovative Eyewear, Inc. (NASDAQ: LUCY), GoPro, Inc. (NASDAQ: GPRO), Vuzix Corporation (NASDAQ: VUZI), NVIDIA Corporation (NASDAQ: NVDA), Snap Inc. (NYSE: SNAP).

Key Points: 
  • Soon the global smart glass market will emerge as important and trendy as the regular eyewear.
  • Goldstein Research analyst forecasts the smart glasses market size is set to reach USD 10.6 billion by 2024, registering a CAGR of 21.5% over the forecast period.
  • The audio smart glasses segment registered for the largest revenue share of around 29% of the market in 2022.
  • Innovative Eyewear, Inc. (NASDAQ: LUCY): Innovative Eyewear, Inc. Launches Nautica Smart Eyewear Under Multi-Year, Global Licensing Agreement with Authentic Brands Group - Innovative Eyewear, Inc. ("Innovative Eyewear" or the "Company") (NASDAQ: LUCY; LUCYW), the developer of smart eyewear, is pleased to announce through an agreement with Authentic Brands Group (Authentic), the launch of the Nautica Smart Eyewear collection.

Innovative Eyewear, Inc. Launches Nautica Smart Eyewear Under Multi-Year, Global Licensing Agreement with Authentic Brands Group

Retrieved on: 
Lundi, décembre 11, 2023

MIAMI, Dec. 11, 2023 /PRNewswire/ -- Innovative Eyewear, Inc. ("Innovative Eyewear" or the "Company") (NASDAQ: LUCY; LUCYW), the developer of smart eyewear, is pleased to announce through an agreement with Authentic Brands Group (Authentic), the launch of the Nautica Smart Eyewear collection.

Key Points: 
  • MIAMI, Dec. 11, 2023 /PRNewswire/ -- Innovative Eyewear, Inc. ("Innovative Eyewear" or the "Company") (NASDAQ: LUCY; LUCYW), the developer of smart eyewear, is pleased to announce through an agreement with Authentic Brands Group (Authentic), the launch of the Nautica Smart Eyewear collection.
  • We are changing that forever by producing smart eyewear that is not only a functional Bluetooth accessory, but a fun and trendy fashion statement," said Harrison Gross, CEO of Innovative Eyewear.
  • Nautica smart eyewear will be made in eight initial sunglass styles, with two of the styles also available with a blue light-blocking lens for indoor use.
  • Partnering with Innovative Eyewear to launch Nautica Smart Eyewear allows us to take that commitment to the next level.

SHAREHOLDER ALERT: Pomerantz Law Firm Reminds Shareholders with Losses in their Investment in Farfetch Limited of Class Action Lawsuit and Upcoming Deadline – FTCH

Retrieved on: 
Dimanche, novembre 5, 2023

NEW YORK, Nov. 05, 2023 (GLOBE NEWSWIRE) -- Pomerantz LLP announces that a class action lawsuit has been filed against Farfetch Limited (“Farfetch” or the “Company”) (NYSE: FTCH) and certain officers.

Key Points: 
  • NEW YORK, Nov. 05, 2023 (GLOBE NEWSWIRE) -- Pomerantz LLP announces that a class action lawsuit has been filed against Farfetch Limited (“Farfetch” or the “Company”) (NYSE: FTCH) and certain officers.
  • Those who inquire by e-mail are encouraged to include their mailing address, telephone number, and the number of shares purchased.
  • In May 2023, Farfetch announced the commercial launch of its European partnership with footwear and clothing brand Reebok International Limited (“Reebok”).
  • Founded by the late Abraham L. Pomerantz, known as the dean of the class action bar, Pomerantz pioneered the field of securities class actions.

FARFETCH SHAREHOLDER ACTION REMINDER: Faruqi & Faruqi Securities Litigation Partner James (Josh) Wilson Encourages Investors Who Suffered Losses In Farfetch To Contact Him Directly To Discuss Their Options

Retrieved on: 
Samedi, novembre 4, 2023

NEW YORK, Nov. 04, 2023 (GLOBE NEWSWIRE) -- Faruqi & Faruqi, LLP, a leading national securities law firm, is investigating potential claims against Farfetch Limited (“Farfetch” or the “Company”) (NYSE: FTCH) and reminds investors of the December 19, 2023 deadline to seek the role of lead plaintiff in a federal securities class action that has been filed against the Company.

Key Points: 
  • Faruqi & Faruqi is a leading minority and Woman-owned national securities law firm with offices in New York, Pennsylvania, California and Georgia.
  • In May 2023, Farfetch announced the commercial launch of its European partnership with footwear and clothing brand Reebok International Limited (“Reebok”).
  • That same day, Farfetch held a conference call with investors and analysts to discuss the Company’s Q2 2023 results.
  • Faruqi & Faruqi, LLP also encourages anyone with information regarding Farfetch’s conduct to contact the firm, including whistleblowers, former employees, shareholders and others.

SHAREHOLDER ALERT: Pomerantz Law Firm Reminds Shareholders with Losses in their Investment in Farfetch Limited of Class Action Lawsuit and Upcoming Deadline – FTCH

Retrieved on: 
Vendredi, octobre 27, 2023

NEW YORK, Oct. 27, 2023 (GLOBE NEWSWIRE) -- Pomerantz LLP announces that a class action lawsuit has been filed against Farfetch Limited (“Farfetch” or the “Company”) (NYSE: FTCH) and certain officers.

Key Points: 
  • NEW YORK, Oct. 27, 2023 (GLOBE NEWSWIRE) -- Pomerantz LLP announces that a class action lawsuit has been filed against Farfetch Limited (“Farfetch” or the “Company”) (NYSE: FTCH) and certain officers.
  • Those who inquire by e-mail are encouraged to include their mailing address, telephone number, and the number of shares purchased.
  • In May 2023, Farfetch announced the commercial launch of its European partnership with footwear and clothing brand Reebok International Limited (“Reebok”).
  • Founded by the late Abraham L. Pomerantz, known as the dean of the class action bar, Pomerantz pioneered the field of securities class actions.