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Authentic Brands Group LLC (ABG) is an American brand management company headquartered in New York City. Its holdings include various apparel, athletics, and entertainment brands, which it partners with other companies to license and merchandise . [ 2 ]
Fendi Srl (Italian pronunciation:) is an Italian luxury fashion house producing fur, ready-to-wear, leather goods, shoes, fragrances, eyewear, timepieces and ...
In October 1999, Prada joined with LVMH and beat Gucci to buy a 51% stake in the Rome-based Fendi S.p.A. Prada's share of the purchase (25.5%) was worth US$241.5 million out of the reported US$520 million total paid by both Prada and LVMH. [21] [22] Prada took on debts of Fendi, as the latter company was not doing well financially.
Originally founded as the store Fashion 21 in Highland Park, Los Angeles in 1984, [3] [4] it is currently operated by Authentic Brands Group and Simon Property Group, with about 540 outlets. [5] The company sells accessories, beauty products, home goods, and clothing for women, men and children.
The fourth-generation heiress of the Fendi [1] family, the Italian luxury fashion house, Delettrez founded her own company, Delfina Delettrez, in 2007, with the help of her father, Bernard Delettrez, a well known jewellery maker who gave her his own brand symbol (and the know-how) which was designed by Karl Lagerfeld for him many years before.
An outlet store, factory outlet or factory store is a brick and mortar or online store where manufacturers sell their merchandise directly to the public. Products at outlet stores are usually sold at reduced prices compared to regular stores due to being overstock , closeout , returned , factory seconds , or lower-quality versions manufactured ...
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