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Tag: authentic

In Bankruptcy Filing, Lucky Brand Proposes Sale To Authentic Brands And Simon Property Group

Lucky Brand has negotiated a two-pronged primary asset purchase agreement, also known as a “stalking horse” bid, to sell its operating assets to SPARC Group LLC (SPARC), a jointly owned entity of Authentic Brands Group (ABG) and mall owner Simon Property Group, and Lucky Brand’s intellectual property assets to ABG-Lucky LLC, a newly formed subsidiary …

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Artificial Intelligence and Authentic Intelligence

Scientific people have always enjoyed the thought of artificial intelligence–of a machine being able to think and act on its own. It’s a popular theme for novels and movies too. And who of us wouldn’t love to have a personal robot to anticipate our needs and take care of them? I even remember a production …

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Judge approves Barneys sale to Authentic Brands but…..  

Get great content like this right in your inbox. Subscribe The saga of Barneys New York is almost at its end.  With no other competing bid, a bankruptcy court judge on Thursday approved Barneys New York’s sale to Authentic Brands Group (ABG) and B. Riley Financial Inc. for $271.4 million. ABG, which specializes in brand licensing, has …

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Done Deal: Barneys sold to Authentic Brands Group; NYC flagship to evolve to pop-up 

There was no last-minute white knight for beleaguered luxury retailer Barneys New York. Authentic Brands Group announced it has completed the purchase of the intellectual property of Barneys New York. The sale price was $271.4 million. The bankruptcy court had approved the sale the previous day, Oct. 31. But Barneys and its supporters held out some hope, as …

Done Deal: Barneys sold to Authentic Brands Group; NYC flagship to evolve to pop-up Read More

Barneys could launch stores inside Saks Authentic Brands deal

A pedestrian walks past a window display at Barneys New York department store in New York, U.S., on Thursday, Jan. 22, 2009. Jin Lee | Bloomberg | Getty Images If the company trying to buy Barneys New York gets its way, there could be many more Barneys popping up inside Saks stores in the near …

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