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Fast-growing company - Authentic Brands Group valued at $29 billion

Published on
3/11/2023
Amended on
28/3/2024
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In the Vintage Altaroc Odyssey 2021, Authentic Brands Group acquires Boardriders, valuing the company at $29 billion. The group adds Quiksilver, Roxy and DC Shoes to its portfolio of renowned brands. This acquisition promises growth potential in e-commerce and retail on a global scale. Authentic Brands Group is showing significant growth, doubling its sales by 2022.
By
Damien Hélène
Damien Hélène
This article has been automatically translated. Please excuse any inaccuracies or translation errors.

Featured in Vintage Altaroc Odyssey 2021, Authentic Brands Group is now valued at $29 billion after acquiring Boardriders last September.

Authentic Brands Group adds Quiksilver, Roxy and DC Shoes to its portfolio, which includes Nautica, Barney's, Volcom and Forever 21.

" In addition to the great brands and impressive global reach that will come from this acquisition, we see the potential for Boardriders as a thriving online marketplace under Authentic's leadership. With Boardriders' retail experience, we also see tremendous opportunities to accelerate the expansion of its shop-in-shops, branded stores, wholesale and e-commerce worldwide," announced Jamie Salter, founder and CEO of Authentic Brands Group.

The company, which has seen its sales double by 2022, has also just been named "Company of the Year" by Footwear News magazine.

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