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Fashion Jobs
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Sales Manager (Digital Product Finance)
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Area Sales Manager/Sales Officer
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Area Sales Manager
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Administration Specialist
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Sustainability Developer
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Program Specialist - Environment
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INTERMEDICS HEALTHCARE LLP
Area Sales Manager - Asm - Ivf/Hormones (Medical Devices)
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CRESCENDO GLOBAL LEADERSHIP HIRING INDIA
Area Manager- Fmcg Sales- (2- 5 Years)- Bangalore
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KEZAN INDIA
Area Sales Manager
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ACHYUTAM INTERNATIONAL
Sales Manager- Printing & Packaging- Africa
Permanent · Chennai
SWAT CERAMIC PRIVATE LIMITED
Area Sales Manager
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NR CONSULTING
Requirement- Direct Sales Manager- Rajasthan
Permanent · Ajmer
By
Reuters
Published
Jan 7, 2022
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Authentic Brands Group withdraws IPO plans

By
Reuters
Published
Jan 7, 2022

Apparel chain operator Authentic Brands Group Inc on Wednesday withdrew its plans for an initial public offering in the United States, according to its filing with the securities regulator.


ABG's portfolio includes brands such as Forever 21. Photo: Forever 21 x Everlast collection



The company, which did not give a reason for shelving its listing, had agreed in November to sell a stake to private equity firms CVC Capital Partners and HPS Investment Partners in a deal that valued it at $12.7 billion including debt.

The group owns more than 30 brands including Forever 21, Aeropostale, Van Heusen and Bandolino with a retail portfolio spanning across luxury, specialty, department store, mid-tier, mass and e-commerce segments.

Media reports earlier this week said the company had bought a majority stake in former soccer player David Beckham's brand-management company, DB Ventures LLC.

A spokesperson for Authentic Brands on Thursday refuted the reports, saying the company does not currently have a partnership with DB Ventures.

Authentic Brands in July last year had filed to go public, intending to list on the New York Stock Exchange, revealing a strong jump in earnings in 2020.

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