Authentic Brands Group, Simon Property Group and Brookfield Acquire Forever 21
February 19, 2020
Authentic Brands Group (ABG), Simon Property Group and Brookfield Property Partners have completed the acquisition of fast-fashion retailer Forever 21. The new ownership group will retain Forever 21’s Los Angeles headquarters, continue store operations and eCommerce, and pursue brand revitalization, international licensing and sustainable supply-chain improvements.
- Buyers
- Authentic Brands Group, Simon Property Group, Brookfield Property Partners
- Targets
- Forever 21
- Industry
- Retail
- Location
- California, United States
- Transaction Type
- Buyout
Explore More
Related Acquisitions
-
Authentic Brands Group Acquires Lee From Kontoor Brands
May 21, 2026
Consumer Products
Authentic Brands Group signed a definitive agreement to acquire Lee, the denim and workwear brand, from Kontoor Brands for up to $1 billion. The deal includes an initial $750 million payment and up to $250 million of potential earn-out consideration, and is expected to close in the second half of 2026 subject to regulatory approvals and customary closing conditions.
-
Saks Global (HBC) Acquires Neiman Marcus Group for ~$2.65 Billion
July 4, 2024
Retail
Hudson's Bay Company (HBC) — through its newly created Saks Global business — has agreed to acquire Neiman Marcus Group (NMG) to form a multi-brand luxury retail and real estate platform. The combined company will pair iconic retail brands (Neiman Marcus, Bergdorf Goodman, Saks Fifth Avenue and Saks OFF 5TH) with technology, first-party data and strategic investors (including Amazon, Rhône Capital, Insight Partners and Salesforce) to drive personalized omnichannel experiences and unlock real estate value.
-
ZA Group Inc Acquires Forever Brands (Casa Zeta-Jones License)
November 19, 2021
Consumer Products
ZA Group, Inc. (OTCPINK: ZAAG), a public holding company, announced it has acquired Forever Brands, which owns the license to develop the Casa Zeta-Jones women's shaving line. The acquisition gives ZA Group a subscription-based direct-to-consumer product platform aimed at the underserved women's wet-shave market and supports a planned launch of razors, pre-care and after-care products under the Casa Zeta-Jones brand.
-
Authentic Brands Group & SPARC Group Acquire Eddie Bauer
May 7, 2021
Retail
Authentic Brands Group (ABG) and SPARC Group have agreed to purchase Eddie Bauer from PSEB Group, an operating company owned by Golden Gate Capital. ABG will own Eddie Bauer's intellectual property while the brand's core operating business will be integrated into SPARC's portfolio; Eddie Bauer will remain headquartered in the Seattle area under current President Damien Huang. The deal (expected to close by June 1, 2021) is intended to expand the brand's global reach and accelerate omnichannel and e‑commerce growth; no financial terms were disclosed.
-
FAM Brands Acquires Wildfox
February 3, 2020
Consumer Products
FAM Brands has acquired Wildfox, the Los Angeles-based contemporary women's apparel brand, and will assume design, production and manufacturing to continue the brand's retro-inspired collections. FAM Brands said it will make a significant financial investment in design expansion and infrastructure while partnering with Wildfox's existing factory base to minimize disruption and broaden distribution.
-
BlackRock LTPC Makes Strategic Investment in Authentic Brands Group
August 11, 2019
Consumer Products
Entities affiliated with BlackRock’s Long Term Private Capital (LTPC) strategy made a strategic investment in Authentic Brands Group (ABG), becoming the largest investor and partnering with ABG’s management team. The investment is intended to support ABG’s next phase of global growth, platform evolution and capability expansion.
Build a buyer list for your deal
Find active buyers from recent acquisition patterns and move straight into outreach.