Authentic Brands Set To Scale Guess? When Deal Is Inked In New Year
1. Authentic Brands acquires majority interest in Guess?'s intellectual property. 2. The deal significantly boosts Authentic's brand portfolio to $38 billion. 3. Authentic aims for international growth and successful brand revivals. 4. Strong sales increases noted for brands like Reebok post-acquisition. 5. Retail landscape remains optimistic with physical store expansions planned.