FashionFootwear

Ted Baker Owner Authentic Brands Group Acquires Footwear Retailer Hunter

Authentic Brands Group (ABG), the US private equity-backed company known for its ownership of brands such as Reebok and Ted Baker, has recently completed the acquisition

FashionFootwear

Ted Baker Owner Authentic Brands Group Acquires Footwear Retailer Hunter

Authentic Brands Group (ABG), the US private equity-backed company known for its ownership of brands such as Reebok and Ted Baker, has recently completed the acquisition of British heritage footwear brand Hunter. The deal, valued at $125 million, marks another significant step in ABG’s strategy to diversify its portfolio with brands originating from outside the United States.

Hunter, a 160-year-old brand, has evolved from being a rubber boot manufacturer to a lifestyle brand offering a wide range of footwear, outerwear, bags, and accessories designed for outdoor performance in both rural and urban environments. The acquisition of Hunter follows ABG’s purchase of UK-based Ted Baker for $254 million in October last year. Additionally, ABG partnered with British soccer star David Beckham to own and manage his business, DB Ventures, further expanding its international presence.

The acquisition of Hunter is part of ABG‘s “brand-building approach,” which aims to drive the firm’s strategy…

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