Authentic Brands Group
OVERALL |
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Owned |
USA |
Rating |
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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 | ||||
BlackRock Inc ![]() owns 30% of Authentic Brands Group LLC |
USA | website | ||||
Asset management World's largest asset manager. |
Company Assessment
PRAISE | CRITICISM | INFORMATION | ||
Authentic Brands Group LLC | ||||
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)
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) |
Company Details
Type | Private company |
Subsidiaries | 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. 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. |
Contact Details
Address | New York, New York, USA |
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 |