Authentic Brands Group

PKF Clear Thinking Awarded 'Section 363 Sale of the Year' by 18th Annual Turnaround Awards

Retrieved on: 
Friday, March 29, 2024

CRANFORD, N.J., March 29, 2024 /PRNewswire-PRWeb/ -- PKF Clear Thinking, the award-winning business advisory firm and subsidiary of PKF O'Connor Davies, one of the nation's largest accounting, tax and advisory practices, is proud to announce that it has been awarded the "Section 363 Sale of the Year ($50MM to $100MM)" by the 18th Annual Turnaround Awards for its contribution to the sale of Rockport to Authentic Brands Group. Organized by The M&A Advisor, the awards recognize the leading distressed transactions, restructuring and refinancing deals, products and services, firms, and professionals in the United States and international markets.

Key Points: 
  • "We're extremely proud to receive this honor, especially alongside so many other standout firms and professionals who are doing transformative M&A work," said Joseph Marchese, Partner at PKF Clear Thinking.
  • "We're extremely proud to receive this honor, especially alongside so many other standout firms and professionals who are doing transformative M&A work," said Joseph Marchese, Partner at PKF Clear Thinking.
  • PKF Clear Thinking's engagement with the sale began in June 2023, when Marchese was appointed Chief Restructuring Officer of The Rockport Company, LLC.
  • With the support of Michael Wesley, Partner at PKF Clear Thinking, and Jackie Reinhard, Partner at PKF O'Connor Davies, PKF Clear Thinking supported the global footwear brand as it began voluntary proceedings under Chapter 11 of the United States Bankruptcy Code in the District of Delaware.

GLOBAL CITIZEN NOW RETURNS TO NEW YORK WITH PAUL KAGAME, PRESIDENT OF RWANDA, MOKGWEETSI MASISI, PRESIDENT OF BOTSWANA, GASTON BROWNE, PRIME MINISTER OF ANTIGUA AND BARBUDA, PHILIP DAVIS, PRIME MINISTER OF THE BAHAMAS, JANJA LULA DA SILVA, THE FIRST LADY

Retrieved on: 
Thursday, March 28, 2024

NEW YORK, March 28, 2024 /PRNewswire/ -- Global Citizen NOW, the summit driving action to end extreme poverty, returns to New York City for a third year, on May 1 and 2. Leaders from the worlds of public policy, media, entertainment, philanthropy, advocacy, and the private sector will convene for two dynamic days focused on taking action today to save tomorrow. 

Key Points: 
  • Global Citizen NOW co-chairs include long-time Global Citizen supporters Anitta, Danai Gurira, Hugh Jackman, Dakota Johnson, and Michelle Yeoh.
  • Political leaders co-chairing this year's summit include Paul Kagame, President of Rwanda; Mokgweetsi Masisi, President of Botswana; Gaston Browne, Prime Minister of Antigua and Barbuda; Philip Davis, Prime Minister of the Bahamas; Stefan Löfven, Former Prime Minister of Sweden; and Erna Solberg, Former Prime Minister of Norway.
  • Global Citizen NOW returns this May with a powerful two-day program focused on turning ideas into actionable impact to end extreme poverty NOW.
  • Applications are now open for media outlets to attend and cover Global Citizen NOW and Global Citizen Prize at Spring Studios in New York City May 1-2.

Authentic Brands Group Partners with Fast Simon to Bring Shopping Optimization to its Online Stores

Retrieved on: 
Wednesday, February 28, 2024

LOS ALTOS, Calif., Feb. 28, 2024 (GLOBE NEWSWIRE) -- Fast Simon , the leader in AI-powered shopping optimization, today announced a partnership with Authentic Brands Group (Authentic), a global brand development, marketing and entertainment platform, to bring shopping optimization to online stores across its platform.

Key Points: 
  • LOS ALTOS, Calif., Feb. 28, 2024 (GLOBE NEWSWIRE) -- Fast Simon , the leader in AI-powered shopping optimization, today announced a partnership with Authentic Brands Group (Authentic), a global brand development, marketing and entertainment platform, to bring shopping optimization to online stores across its platform.
  • The partnership sets up Fast Simon to be a preferred partner for shopping optimization across additional Authentic-owned brand sites, such as DC Shoes, Reebok and more.
  • “It’s been a pleasure to bring advanced eCommerce optimization to the online stores of these iconic brands,” said Zohar Gilad, founder and CEO of Fast Simon.
  • “The level of optimization Fast Simon provides helps our brands provide better online shopping experiences to consumers,” said Alex Baillargeon, senior vice president, Digital, at Authentic.

Soul Machines to Unveil Groundbreaking Digital Marilyn Monroe at SXSW 2024

Retrieved on: 
Friday, March 8, 2024

SAN FRANCISCO, March 8, 2024 /PRNewswire/ -- Soul Machines, the leader in Biological AI-powered Digital People™, today unveiled "Digital Marilyn," a groundbreaking new project in partnership with Authentic Brands Group (Authentic).

Key Points: 
  • SAN FRANCISCO, March 8, 2024 /PRNewswire/ -- Soul Machines, the leader in Biological AI-powered Digital People™, today unveiled "Digital Marilyn," a groundbreaking new project in partnership with Authentic Brands Group (Authentic).
  • The company will provide an exclusive first look at Digital Marilyn at SXSW in Austin, Texas, on March 8, 2024.
  • Digital Marilyn interacts with fans in real-time using advanced natural language processing, deep learning and GPT 3.5.
  • "This collaboration exemplifies the transformative power of AI in connecting brands and consumers," said Greg Cross, CEO and Co-founder of Soul Machines.

Manoj Bhargava Invests $12 Million More in The Arena Group

Retrieved on: 
Wednesday, February 14, 2024

Key Points: 
  • https://arenagroup.gcs-web.com/node/11216/html
    “This infusion of cash is needed to help The Arena Group transition to a profitable, multi-media business,” said Bhargava.
  • We’re not going anywhere.”
    This new $12 million investment will raise Simplify’s equity stake to 54.5% of The Arena Group.
  • The Arena Group continues to work with Authentic Brands Group (“Authentic”), the licensor of Sports Illustrated, to negotiate a new publishing license.
  • The proposed merger between Bridge Media Networks and The Arena Group would form a new company, The Arena Group Holdings, Inc.

Mattel Appoints Christopher Farrell as Executive Vice President and Chief Strategy Officer

Retrieved on: 
Thursday, February 8, 2024

Mattel, Inc. (NASDAQ: MAT) announced today that Christopher Farrell has joined the Company as Executive Vice President and Chief Strategy Officer, effective immediately.

Key Points: 
  • Mattel, Inc. (NASDAQ: MAT) announced today that Christopher Farrell has joined the Company as Executive Vice President and Chief Strategy Officer, effective immediately.
  • Mr. Farrell will lead strategic planning and corporate development for the Company, including identifying opportunities to accelerate growth and profitability and optimize business performance.
  • Mr. Farrell also previously served as Chief Strategy Officer at Authentic Brands Group.
  • Mr. Farrell added: “Mattel is an iconic company with an incredible portfolio of brands and a strong foundation.

RED ROBIN AND JUICY COUTURE DROP "JUICIER" TWIST ON THE ICONIC TRACKSUIT

Retrieved on: 
Thursday, February 1, 2024

ENGLEWOOD, Colo., Feb. 1, 2024 /PRNewswire/ -- Two icons just got juicier. Red Robin Gourmet Burgers, Inc. (NASDAQ: RRGB) has partnered with Juicy Couture, the iconic and beloved lifestyle brand, to introduce The Juicier Collection, a limited-edition line specially crafted to celebrate the brand's new juicier, more flavorful burgers.

Key Points: 
  • Red Robin Gourmet Burgers, Inc. (NASDAQ: RRGB) has partnered with Juicy Couture , the iconic and beloved lifestyle brand, to introduce The Juicier Collection, a limited-edition line specially crafted to celebrate the brand's new juicier, more flavorful burgers.
  • Featuring the hottest color on the runway, tomato red, the crave-worthy collection puts a tasty twist on Juicy Couture's classic velour tracksuit, now emblazoned with custom crystal diamanté "Juicier" on the lower back and behind and the Red Robin logo on the chest and hip.
  • "As Red Robin continues its renaissance with the launch of our juicier, more flavorful burgers, we're teaming up with Juicy Couture to give fans an unexpected and fashionable way to celebrate with us," said G.J.
  • "We are thrilled to partner with Red Robin for this unique collaboration that merges fashion and food," said Stefani Fleurant, Senior Vice President, Marketing – Lifestyle at Authentic Brands Group, owner of Juicy Couture.

Churchill Downs Incorporated Announces Multi-Year Naming Rights Partnership Between Churchill Downs Racetrack and Sports Illustrated

Retrieved on: 
Tuesday, January 9, 2024

LOUISVILLE, Ky., Jan. 09, 2024 (GLOBE NEWSWIRE) -- Churchill Downs Incorporated (“CDI”) announced today a multi-year partnership between Churchill Downs Racetrack (“Churchill Downs”) and Sports Illustrated for exclusive naming rights of a new luxury dining experience, Club SI, ahead of the historic 150th running of the Kentucky Derby on Saturday, May 4, 2024.

Key Points: 
  • LOUISVILLE, Ky., Jan. 09, 2024 (GLOBE NEWSWIRE) -- Churchill Downs Incorporated (“CDI”) announced today a multi-year partnership between Churchill Downs Racetrack (“Churchill Downs”) and Sports Illustrated for exclusive naming rights of a new luxury dining experience, Club SI, ahead of the historic 150th running of the Kentucky Derby on Saturday, May 4, 2024.
  • Originally planned as the 1895 Club, Club SI is scheduled to debut on Opening Night of Derby Week and offer guests a modern, sophisticated race day experience.
  • The interior design of Club SI will showcase iconic Sports Illustrated magazine covers, editorial featuring past Kentucky Derby races, and a sneak peek into Sports Illustrated’s new SI Resorts vertical.
  • Each year, celebrity ambassadors will act as hosts for Club SI during the Kentucky Derby and the Kentucky Oaks for a premium race day experience.

Churchill Downs Partners with Sports Illustrated to Unveil "Club SI" for 150th Kentucky Derby

Retrieved on: 
Tuesday, January 9, 2024

LOUISVILLE, Ky., Jan. 9, 2024 /PRNewswire/ -- Churchill Downs Racetrack today announced a multi-year partnership with Sports Illustrated for exclusive naming rights of a new luxury dining experience, Club SI, ahead of the historic 150th running of the Kentucky Derby on Saturday, May 4, 2024. Originally named the 1895 Club, Club SI will debut on Opening Night of Derby Week and allow fans to enjoy the excitement of the Run for the Roses® in a modern, sophisticated atmosphere.

Key Points: 
  • The interior design of Club SI will showcase iconic Sports Illustrated magazine covers, editorial featuring past Kentucky Derby races, and a sneak peek into Sports Illustrated's new SI Resorts vertical.
  • Each year, celebrity ambassadors will act as hosts for Club SI during Kentucky Derby and Kentucky Oaks for a premium race day experience.
  • "As we approach the 150th Kentucky Derby, we are thrilled to partner with a brand as iconic as Sports Illustrated to offer guests an enhanced way to enjoy this incredible anniversary event," said Mike Anderson, President of Churchill Downs Racetrack.
  • To purchase tickets to the 150th running of the Kentucky Derby, please visit www.KentuckyDerby.com or call 502-636-4477.

FARFETCH FINAL DEADLINE ALERT: Faruqi & Faruqi Securities Litigation Partner James (Josh) Wilson Encourages Investors Who Suffered Losses Exceeding $50,000 In Farfetch To Contact Him Directly To Discuss Their Options

Retrieved on: 
Tuesday, December 19, 2023

NEW YORK, Dec. 19, 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.