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Authentic Brands Group

OVERALL

Owned
USA
Rating
Criticisms

Brand development and licensing

Purchases brands in the sports, celebrity and fashion categories and licenses the intellectual property to leading retailers, wholesalers, and manufacturers worldwide. Acquired Juicy Couture in 2013, Tretorn in 2015 and Nautica and Nine West in 2018.

Company Ownership

Authentic Brands Group LLC   USA     website   email      
  BlackRock Inc   
   owns 30% of Authentic Brands Group LLC  
USA     website         

Asset management

World's largest asset manager, with about $7 trillion in assets under management.

> About the Ratings

Company Assessment

PRAISE CRITICISM INFORMATION
Authentic Brands Group LLC
Social Forced labour in China
The Chinese government has facilitated the mass transfer of Uyghur and other ethnic minority citizens from the far west region of Xinjiang to factories across the country. Under conditions that strongly suggest forced labour, Uyghurs are working in factories that are in the supply chains of at least 83 well-known global brands in the technology, clothing and automotive sectors, including brands owned by this company.
Source: ITUC (2020)
Business Ethics Part owned by BlackRock, which has criticisms
In 2019 US private equity giant BlackRock bought roughly a 30% stake in this company. BlackRock has several criticisms and an overall Shop Ethical rating of 'F'.
Source: Shop Ethical (2019)

> About the Icons

Company Details

Type Private company
Subsidiaries Forever 21 Inc (38% owned) 

Youth fashion

Founded in California in 1984 by CEO Don Chang and his wife. About 60% of its apparel is manufactured in China. Operates about 500 retail stores around the world. Filed for bankruptcy in 2019 and acquired by Authentic Brands Group, Simon Property Group and Brookfield Property Partners in 2020. Forever 21 entered Australia in 2014, but left in 2017.


Volcom Inc 

Boardsport clothing and footwear

Founded by Richard Woolcott and Tucker Hall in 1991. Designer, marketer and distributor of action sports apparel and accessories for young men and women. Acquired by Authentic Brands Group in 2019.


  - Volcom Australia Pty Ltd 

Boardsport apparel distributor

Australian distributor of Volcom, founded 1995.

Contact Details

Address New York, New York, USA
Email info@authenticbrandsgroup.com
Website www.authenticbrandsgroup.com

Products / Brands

Authentic Brands Group
Airwalk Skate Shoes
Juicy Couture Womens Fashion
Nautica Outdoor Wear
Tretorn Womens Shoes
Tretorn Mens Shoes
Vision Street Wear Snow/Skate/Surfwear
Volcom Snow/Skate/Surfwear

Forever 21 (38% owned)
Forever 21 Youth Fashion


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