Authentic brands group announces acquisition of forever 21
Authentic brands group - announced acquisition of forever 21.authentic brands group - it is expected that forever 21 stores will continue to operate across u.s., international territories.authentic brands group - abg & simon property group will each own 37.5 percent of forever 21.authentic brands group - brookfield property partners will own 25% of intellectual property & operating businesses of forever 21.authentic brands group - forever 21's new owners will oversee continued operation of headquarters in los angeles, maintain ecommerce business.authentic brands group - abg, simon, & brookfield will become new ownership group for forever 21.authentic brands group - forever 21 will convert current, owned store operations in central america & south america to a licensed partnership model.authentic brands group - forever 21 will also convert current,owned store operations in mexico, philippines, caribbean to licensed partnership model.authentic brands group - forever 21 is working with various landlords to continue store operations in key regions.
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