ABG is leading the race for denim label Lee, which posted $750M in FY25 revenue under Kontoor Brands. The deal would extend ABG's licensing roll-up following its $1.4B Guess takeover and $311M Dockers buy, advancing its $50B global sales target.

Inside Retail US · 5/15/2026, 1:49:55 AM

Kontoor Brands is exploring a divestiture of Lee Jeans after Q1 2026 revenue fell 10% YoY to $153m. Authentic Brands Group has re-emerged as a potential buyer, consistent with its playbook of acquiring distressed heritage denim labels and licensing them globally.

Just Style · 5/15/2026, 1:27:20 AM

After 30 years under LVMH, Marc Jacobs moves to WHP Global, which is forming a 50/50 JV with G-III Apparel. G-III contributes ~$500M and takes the operating business under a long-term license. The deal pushes WHP's premium fashion vertical past $9.5B in retail sales, though G-III flags dilution in the first 12 months. Q3 close expected.

WWD · 5/15/2026, 1:26:53 AM

The Authentic Brands Group-owned label opened an exclusive outlet in Kukatpally via India partner Brand Concepts Limited, extending its footprint into apparel, handbags, accessories and travel gear as it scales beyond metro anchors.

India Retailing · 5/13/2026, 9:55:11 PM