Authentic Brands Group Stock Symbol and Investing Opportunities

Authentic Brands Group is a global brand management company with a stock symbol of BABA on the New York Stock Exchange.

Their portfolio includes a diverse range of brands across various industries, such as fashion, sports, and entertainment.

Investing in Authentic Brands Group can provide opportunities for growth and diversification in a portfolio.

Their strong brand portfolio and experienced management team make them an attractive investment option for some investors.

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Authentic Brands Group will go public with an offering of two share classes: Class A common stock, which will be open to all investors, and Class B shares, which will be only available to the CEO and his key associates.

The Class B shares will come with greater voting power than the Class A shares.

The IPO date hasn't been revealed, but it could happen in the coming months.

The company filed confidentially for an IPO in May.

The net proceeds from the offering will be utilized for repaying debts.

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Authentic Brands Group plans to list on the New York Stock Exchange (NYSE) under the ticker symbol AUTH.

The company will release two classes of shares, with 'A-shares' available to anyone and 'B-shares' complete with enhanced voting rights, reserved for Salter and his management associates.

Joint bookrunners on the ABG IPO are some of the most prominent Wall Street institutions around, including Bank of America, Goldman Sachs, Wells Fargo, JPMorgan, Jefferies, UBS, Cowen, Guggenheim Securities, and KeyBanc Capital Markets.

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Authentic Brands Group's stock symbol is not explicitly mentioned in the article, but we can discuss how to invest in the company once it goes public.

You'll be able to buy shares in Authentic Brands via your traditional or online brokerage firm, such as Robinhood, when its IPO is official.

The retail apparel and footwear industry is expected to grow significantly, from $1.9 trillion in 2019 to over $3 trillion by 2030, which could benefit Authentic Brands as it holds a vast array of clothing retailers.

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Between 2016 and 2020, Authentic Brands increased revenue from $165 million to $489 million, for a compound annual growth rate (CAGR) of 31%.

Authentic Brands' "asset-light" business model allows it to invest more heavily in operations than in capital assets, which could lead to continued growth even if shopping malls and brick-and-mortar locations falter.

The company booked $529 million in sales for the 12 months ending March 31, 2021.

It's essential to note that investing in the stock market involves risks, and past performance is no guarantee of future results.

Authentic Brands Group has raised a total of $5.125B over 9 funding rounds. The company's latest funding round was a Secondary Market for $1,450M on May 7, 2024.

Authentic Brands Group's valuation has fluctuated over the years. As of June 2023, the company's valuation was $20,000M. This valuation is subject to change based on market conditions.

The company's revenue has also seen growth. In 2023, Authentic Brands Group's revenue was $29,000T. This is a significant increase from previous years.

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Here's a breakdown of Authentic Brands Group's funding rounds:

ABG makes money by licensing its affluent brands for marketing activities and events.

The company has a vast portfolio of instantly recognizable names, including Juicy Couture, JCPenney, Brooks Brothers, and more.

ABG owns the license rights to international icons like Marilyn Monroe, Muhammad Ali, and Shaquille O'Neal, which it leverages for lucrative partnerships.

The licensing market is projected to reach $413bn by 2027, with a compound annual growth rate (CAGR) of 5.37%.

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ABG makes money by licensing some of its affluent brands for marketing activities and events. It works closely with the family of famous individuals, like Lonnie Ali, to carry their legacy forward.

The licensing market is growing rapidly, with a compound annual growth rate (CAGR) of 5.37% and a projected worth of over $413 billion in 2027. This is up from around $281 billion in 2020.

ABG's portfolio includes instantly recognizable names like Juicy Couture, JCPenney, and Brooks Brothers, which it acquires for their fame and nostalgic feel-good factor.

ABG's Business has a diverse group of companies under its umbrella. ABG is a global conglomerate with a presence in over 100 countries.

The group's diverse portfolio includes companies in fashion, retail, and lifestyle. Its fashion brands include iconic labels like Tommy Hilfiger and Calvin Klein.

ABG's retail business is a significant contributor to its revenue. The group owns and operates a range of retail stores across the globe.

ABG's lifestyle brands cater to various interests, including entertainment, hospitality, and education. Its hospitality brand, Hard Rock Cafe, is a popular destination for music lovers.

The group's diverse portfolio allows it to tap into different markets and customer segments.

ABG has made a significant impact on the business world through their numerous acquisitions. They acquired the Champion brand on April 2, 2024, for an undisclosed valuation of $XXM.

ABG's acquisition spree is a testament to their business acumen and strategic decision-making. Their latest acquisition, Champion, is a notable addition to their portfolio.

One of their earliest acquisitions in 2023 was The Rockport Group, a debt investment made on July 26, 2023, for $XXM, with a total funding of $80M.

ABG's acquisitions have been quite selective, with some deals remaining undisclosed due to subscription requirements.

Here's a breakdown of some of their notable acquisitions:

ABG's acquisition strategy has been a key factor in their success, allowing them to expand their portfolio and tap into new markets.

Authentic Brands Group, or ABG, has been quite active in terms of portfolio exits. They've had a total of 2 portfolio exits, with their latest one being the divestiture of Hunter Boot on August 28, 2023.

The valuation of this divestiture is reportedly in the millions of dollars, but the exact figure is not publicly disclosed. The buyer in this deal was Baozun.

ABG's first portfolio exit was an acquisition of a company on July 27, 2017. The valuation of this deal was also in the millions of dollars, but again, the exact figure is not publicly disclosed.

Retail investors will be able to buy shares in Authentic Brands via their traditional or online brokerage firm.

To buy shares, you'll need to have an account with a brokerage firm like Robinhood.

Authentic Brands' IPO will make its shares available for purchase, allowing you to invest in the company.

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