NEW YORK — Authentic Brands Group wrote another big check — its fourth since July 2012 — and has established itself as the new dealmaker in town.
The brand management firm has acquired premium outdoor ski and snow brand Spyder Active Sports Inc. from private equity firm Apax Partners for an undisclosed amount. In connection with the transaction, ABG has sold the operating component of Spyder for an undisclosed amount to Li & Fung Ltd.’s U.S. arm, LF USA, which now also holds the license for current products sold in the Americas, Europe, the Middle East and Africa. ABG retains Spyder’s intellectual property assets. Spyder offers base layers, sweaters, layering items, pants and hats for men, women and children.
Issa Rae stopped by WWD's NYC headquarters to talk about season two of "Insecure," which premieres this Sunday on HBO. Click link in bio for all the details. #wwdeye (📷: @jgreenery; Styled by @mayteallende)
A Stella McCartney sketch of a custom dress made from protein-based silk in partnership with biotech lab Bolt Threads. The dress will be displayed at The Museum of Modern Art's upcoming design exhibition, "Items: Is Fashion Modern?"