We inform you that on this website we use our own and third-party cookies to collect information about its use, improve our services and, where appropriate, display advertising by analyzing your browsing habits. You can expressly accept its use by pressing the "ACCEPT" button or configure and select the cookies you want to accept or reject in the settings. You can also get more information about our cookie policy here.

The global fashion business journal

Jul 17, 202411:43am

Authentic Brands Group considers Forever 21 acquisition

The US group is considering an offer to acquire the US fashion chain, subject to bankruptcy.

Jan 26, 2020 — 4:13pm

Authentic Brands Group considers Forever 21 acquisition



Authentic Brands Group looks into Forever 21. The US group is considering buying Forever 21, according to WWD. In September, the chain had filed for chapter 11 bankruptcy, the US equivalent to bankruptcy proceedings.


In 2018 Authentic Brands Group began to assemble a holding specializing in the segment of urban and premium fashion brands. That year, the group acquired Hervé Léger Nautica, Nine West, Brandolino, and Camuto. Additionally, other brands featuring in the company’s portfolio are Juicy Couture, Aéropostale, Neil Lane, Volcom or Barneys, since last November.


Forever 21 received the equivalent of bankruptcy proceedings in the US last September after reviewing the closure of 178 stores of its 549 in the United States, as well as most of its stores in Europe and Asia. In April last year, the company also closed its ecommerce platform in China.


Authentic Brands Group was founded in 2010 by the venture capital fund Leonard Green & Partners. The latest economic data dates back to 2017 and records a revenue of 5,5 billion dollars.

Participation rules



Validation policy for comments: 

MDS does not perform prior verification for the publication of comments. However, to prevent anonymous comments from affecting the rights of third parties without the ability to reply, all comments require a valid email address, which won’t be visible or shared.
Enter your name and email address to be able to comment on this news: once you click on the link you will find within your verification email, your comment will be published.

0 comments — Be the first to comment