Authentic Brands Group secures multimillion-dollar funding
Authentic Brands Group, which owns retailers including Reebok, Ted Baker and Hunter, has secured a $500m (£395.6m) primary follow-on investment from its current investor General Atlantic.
Authentic said its continued partnership with the global growth equity firm will support its “worldwide expansion and accelerate its proven playbook”.
Authentic initially partnered with General Atlantic in October 2017. The latest investment brings the company’s total investment capital in Authentic to almost $2bn (£1.58bn).
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