Authentic Brands Group LLC, the owner of brands such as Brooks Brothers, Juicy Couture and Forever 21, is exploring going public as soon as this year, according to people with knowledge of the matter. A representative for Authentic Brands declined to comment. Founded and run by Jamie Salter, Authentic Brands acquired more than 30 brands over the years, including bankrupt Barneys New York. Brookfield Property Partners LP recently swapped its stake in Forever 21 for equity in Authentic Brands, Bloomberg News reported this month. Authentic Brands now owns the retailer with U.S. mall operator Simon Property Group Inc.Now, it’s turning attention to healthier merchants as well.

Source: Mint May 25, 2021 15:56 UTC