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...HPS has already invested more than a third of the $17bn it plans to put to work, including loans to wireless provider Consumer Cellular and Authentic Brands, the company behind Brooks Brothers and Reebok...
...The brand, which delisted from the London stock market in 2022 after Authentic acquired it in a £211mn deal, will continue to trade online and in stores....
...After an aggressive push into boxing, motorsport, football and golf, tennis is a natural next step for Saudi Arabia....
...Woodhouse said Authentic would not repeat the mistakes of previous owners, which included overly focusing on the luxury sector and neglecting practical buyers....
...New York-based Authentic Brands subsequently bought the intellectual property of Hunter, best known for its Original Wellington boot, in a prepack administration deal....
...But I don’t think we should overcomplicate it; just be authentic. I don’t believe in introducing fancy words just to differentiate.”...
...The statement added that the deal would safeguard “the kind of authentic journalism and content creation that makes Vice such a trusted brand for young people and such a valued partner to brands, agencies...
...Authentic Brands cautioned that it could not rule out store closures and headcount reductions at the company....
...With more than $21bn of annual revenue and backing from large private equity groups such as CVC, Authentic would have had the financial capacity to acquire Ted Baker....
...Two years ago, OpenAI, a San Francisco-based research company, stunned the AI world by releasing GPT-3, a kind of turbocharged autocomplete function that generates unnervingly authentic text....
...The recordings Black secretly made will never be played in open court, and there will be no effort to establish whether the text messages are authentic....
...Sparc has more than 1,300 stores affiliated with Authentic’s brands such as Forever 21 and Aéropostale. In total, Sparc-related revenue already accounts for a tenth of Authentic’s turnover....
...Led by Jamie Salter, Authentic has more than 6,000 stores....
...At what point does a restored or reconstructed monument cease to be “authentic”?...
...And then they drive one and see that it’s fast and it’s authentic.”...
...Even before CVC was picking up stakes in Six Nations and Pro14, football and motorsports were wowing investors....
...While CVC made a healthy profit by selling Formula One in 2016 for $8bn, followers and industry executives complained the buyout firm’s 10-year tenure in charge of the motorsport led to its domination by...
...Gabriel Caillaux, head of General Atlantic's business in Emea, described Gymshark as “authentic, disruptive and differentiated” as a brand....
...It knows CAA well, having hired the agency to sell its sponsorship rights after Liberty Media bought the motorsport in 2017....
...“While the current environment is clearly a difficult one for the hospitality industry, the desire to travel and have authentic experiences is fundamental and enduring,” Egon Durban, Silver Lake co-chief...
...“Everything is a lie, is fake, is performed, is acted out, is feigning, and yet the emotions that these unrealities and illusions create are authentic,” he tells me....
...(FT) News round-up US private equity group to buy Sophos for $3.9bn (FT + Lex) Saks owner joining Authentic Brands in nearly $270m for Barneys (WSJ) KKR buys majority stake in UK ‘altnet’ Hyperoptic...
...“Studies tell us that the younger demographic want to be connected with brands that convey an authentic purpose and mission,” he says....
...Cochrane had grown up with stories of the brand but had chosen to work in motorsport and private aviation before deciding to relaunch it in 2017, with the M100 (£2,500)....
...“The seafood was good, but some of it was too authentic for me,” he said. “I had some turtle, that was a little too much for me.”...
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