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Apparel retailer Aéropostale acquired by ABG consortium
20 Sep '16
1 min read
In partnership with General Growth Properties (GGP) and Simon Property Group (SPG), Authentic Brands Group (ABG) has finalised the acquisition of trend focused clothing and accessories retailer, Aéropostale. While, ABG has several apparel brands in its wide portfolio, GGP and SPG are two of the largest retail real estate companies in the world.
According to ABG, the acquisition has created a strong foundation, through ABG's expertise in brand building and licensing, combined with the expertise of the two retail real estate experts.
Aéropostale manages over 700 retail outlets across the world; of which more than 400 are in the US and Canada; and the rest in Latin America, Europe, Middle East and Southeast Asia. (AR)
According to ABG, the acquisition has created a strong foundation, through ABG's expertise in brand building and licensing, combined with the expertise of the two retail real estate experts.
Aéropostale manages over 700 retail outlets across the world; of which more than 400 are in the US and Canada; and the rest in Latin America, Europe, Middle East and Southeast Asia. (AR)
Fibre2Fashion News Desk – India
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