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Authentic to expand Nautica in Brazil with Altomax

Authentic Brands Group (Authentic), the global brand development and licensing platform, has announced a strategic partnership with Altomax, a company specialising in premium underwear and socks, and owner of several well-known brands in the Brazilian market, to expand its Nautica brand in Brazil. Under the long-term agreement, Altomax will...

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Business

ABG finalises Nautica acquisition

Authentic Brands Group LLC (ABG), owner of a brands including Juicy Couture, Jones New York, Herve Leger, and Judith Leiber, has finalised its purchase of Nautica from VF Corporation, to mark the company’s largest brand acquisition to date. The addition of Nautica propels ABG’s portfolio to nearly 7 billion dollars in annual retail sales...

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