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Authentic Brands Group Acquires Vince IP

T7HWFMBA7NFI3DZM5EYKSHN3QA Authentic Brands Group Acquires Vince IP

Authentic Brands Group, the licensing firm that owns Barneys and Brooks Brothers among other retail names, has acquired the intellectual property behind contemporary brand Vince, the two companies announced Tuesday.

Under the transaction agreement, a new ABG Vince entity has been created, of which ABG will own 75 percent while Vince Holding Corp. owns the rest.

Launched in 2002, Vince is known for straightforward basics at a contemporary price…

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