Authentic Brands raises $600M for retail acquisitions

first_img This content is for subscribers only.Subscribe Now Authentic Brands Group CEO Jamie Salter (Salter by Astrid Stawiarz/Getty Images for DuJour; iStock)Authentic Brands Group is on the acquisition hunt, after bolstering its war chest by $600 million.CEO Jamie Salter said the cash injection from BlackRock, General Atlantic and Leonard Green & Partners now brings the apparel licensing firm’s total cash up to $1 billion, according to CNBC. Salter said he’s looking to use that to buy up struggling retailers.Authentic has teamed up with mall owner Simon Property Group on a joint venture, dubbed Sparc, that has scooped up a few big-ticket retailers in recent months such as Brooks Brothers and Lucky Brand.In June, the duo was in talks with Brookfield Property Partners to buy J.C. Penney, though Authentic later exited from the deal. In February, Authentic, Brookfield and Simon bought Forever 21.On its own, Authentic bought Barneys New York and Nine West.Salter said his ideal purchases are retailers with strong real estate assets and global brand recognition, according to CNBC.“The brands that don’t have stores are harder to market and expand globally,” he said. “You need a footprint and a supply chain. Those are two critical parts to running a business.” [CNBC] — Erin HudsonRead moreMall owners team up with “dead-celebrity dealmaker” but can they rescue moribund retailers?Bankrupt Brooks Brothers gets $305M stalking-horse bidDone deal: Forever 21 sold to Simon, Brookfield venture for $81Mlast_img read more

Blaney ‘curious’ to experience new rules package at Atlanta

first_imgAsk Ryan Blaney about this weekend’s Monster Energy NASCAR Cup Series race at Atlanta Motor Speedway and the Team Penske driver gives a noticeable pause as contemplates the uncertainty he faces heading into the second race of the season.Blaney’s pause is understandable with the Folds of Honor QuikTrip 500 the first race featuring the 2019 aerodynamic rules package that was designed to slow the cars down by reducing horsepower with the intent to create additional passing opportunities on intermediate-sized speedways. Precisely the kind of track the 1.54-mile Atlanta is. And with this package not used in the season-opening Daytona 500, this weekend represents the first time many drivers, including Blaney, will get to experience the rules package in either race or test conditions.“I am trying not to anticipate much just because I haven’t driven the new package,” Blaney told NASCAR.com. “I try not to think about it too much. I just want to go out because you don’t know what to expect yet.“We’ll just have to see how [the package] drives and how it races. I’m very curious.”RELATED: Full Atlanta schedule | Atlanta 101 |  Who’s favored to win at Atlanta?Although Blaney didn’t take part in a test over the offseason, Penske teammates Brad Keselowski and defending Cup champion Joey Logano each participated in different tests where they got a feel for the new rules package. Keselowski tested at Las Vegas Motor Speedway, while Logano tested at Auto Club Speedway. Keselowski posted the fastest single-lap speed (of the non-wheel force cars, 178.436 mph) in one of the three sessions at Las Vegas, site of next week’s NASCAR tripleheader weekend that includes races for all three national series.Not only did Blaney solicit feedback from both his teammates, he also watched the stream of the Las Vegas test to form his own opinion. From his conversations with Keselowski and Logano, as well as his own observations, Blaney believes drivers will have to balance pursuing speed with getting their car to handle properly.“It’s a pretty interesting game of how far do you want to trim your car out for overall speed versus handling,” Blaney said. “There were some cars that handled really well but maybe were a little bit slower at the beginning of a run. But, there were cars that were really fast at getting a run [on other cars] because the cars were trimmed-out but as the tires went away they became a handful to hang onto.“It’s going to be neat to see how teams go about finding a middle ground. It’s just not something we’ve dealt with before in the Cup Series.”PODCAST: Are you a Blaney fan? Check out ‘Glass Case of Emotion’Figuring out the quirks of the rules package is not the only unknown Blaney is dealing with this weekend, Atlanta is also just the second race for the new Ford Mustang. And since there is little correlation between 2.5-mile Daytona International Speedway and the high-speed Atlanta oval with an abrasive surface that greatly increases tire wear there wasn’t much Ford and its teams learned during Daytona Speedweeks that can be applied to Atlanta.Ford’s switch to a different model style comes a season after the manufacturer dominated on the track. In addition to Logano capturing the Cup title, Ford drivers combined to win 19 of 36 races and their collective performance delivered Ford its first manufacturer championship since 2002.Nonetheless, the expectation within the Ford camp is that even with a new car and the inevitable growing pains that come with it, their drivers will be able to replicate their many successes from a year ago.“It’s hard to improve on last year, we won a lot of races, but we’re always trying to be better,” Blaney said. “I love the look of them at Daytona; I thought they were really fast at Daytona. And you hope that carryovers to every other racetrack.”last_img read more

Carlie Wagner leads Gophers to beat Badgers

first_imgThe Gophers’ first victory of the season versus the Badgers marked the eighth time in a row Wisconsin was defeated. The Badgers came out and showed improvement in their next game, however, when they beat Northwestern 58-46. The team won two out of three games before Wednesday’s loss to Minnesota.“I thought [Wisconsin] battled very hard [Wednesday],” head coach Marlene Stollings told reporters. “I thought they fought, they played well defensively.”The Gophers closed out the first quarter with a purpose. Minnesota’s Kenisha Bell drove to the rim and finished the layup before time expired. Bell’s make was a part of a 14-0 run for the team. She finished with 12 points in the game.The Badgers (9-15, 2-9 Big Ten) clawed their way back into the game to make it an 11-point game at halftime. Wagner’s impressive third quarter led to the Gophers keeping the margin in double-digits by the time the game ended.“It’s always tought to go on the road, especially after a 10-day break,” Wagner said. “I’m very happy with the sweep and the win today.”Minnesota is on the road again Sunday when it takes on the Hawkeyes in Iowa City, Iowa. The team has seven more games in the conference schedule before postseason play. The Gophers defeated the Hawkeyes 77-72 on Jan 21. With that victory and two against Wisconsin, the team is on a three-game winning streak.“For us, we’re very much focused on an NCAA Tournament bid,” Stollings said. “So each game for us is of the utmost importance here.” Carlie Wagner leads Gophers to beat BadgersWagner had four 3-pointers in the third quarter alone to finish with 20 points.Ananya MishraGuard Carlie Wagner dribbles the ball up the court during the Gophers’ game against Lehigh at Williams Arena on Saturday, Nov. 11. The Gophers won 107-73. Jack WhiteFebruary 1, 2018Jump to CommentsShare on FacebookShare on TwitterShare via EmailPrintGuard Carlie Wagner hit a 3-point shot in the third quarter, which she said gave her confidence.As she started taking more shots in the third, her confidence showed.Wagner hit four 3-pointers in the third quarter alone, to finish with 20 points as Minnesota won 71-61 against Wisconsin Wednesday in Madison, Wis. The Gophers have now defeated the Badgers 11 times in a row.“I had enough space and my feet were set, so I was just letting it fly,” Wagner said. “It was going.”Wagner shot 6-10 from beyond the arc, but she did not have the same luck inside. She made just one of five shots from inside the 3-point line. In fact, Minnesota as a whole shot better from 3-point territory than from midrange and in the paint.Though Wagner had an impressive day from 3, another guard for Minnesota finished first among the team in scoring. Gadiva Hubbard scored a game-high 22 points. She came into the game averaging 12.2 points. Hubbard said she has been putting up more shots before and after practice, so she was determined to put up more shots in the game.“I was just happy that they went in,” Hubbard told reporters. Minnesota (17-5, 6-3 Big Ten) blew out Wisconsin 90-65 two games ago. The Badgers kept this game closer, partially by staying with the Gophers on the boards. Wisconsin grabbed 44 rebounds to Minnesota’s 38, after getting out-rebounded 56-41 the first time the two played. last_img read more

UPDATE: OECS Authority Meeting to be hosted in Dominica

first_img Share OECS flagsDominica will from tomorrow, Wednesday 18 November 2015, host the 62nd OECS Authority Meeting at the Fort Young Hotel in Roseau.According to Prime Minister Roosevelt Skerrit, this “important meeting”, will a number of serious matters taking place in the world to include the upcoming COP 21 Summit in Paris on climate change as well as other matters relating to the economies of the OECS.“It’s a very critical meeting at a very crucial time for us and we’re very happy to be able to host that meeting,” Mr Skerrit said.He informed that his colleagues, Heads of Government, insisted that Dominica host the meeting “so they can continue to show solidarity and support for Dominica” post Tropical Storm Erika.The OECS Heads will also visit Petite Savanne on Thursday 19 November 2015. Share LocalNews UPDATE: OECS Authority Meeting to be hosted in Dominica by: Dominica Vibes News – November 17, 2015 Tweetcenter_img Sharing is caring! Share 166 Views   no discussionslast_img read more

Game preview: Auburn vs. Texas Southern

first_imgAuburn vs. Texas SouthernWHEN: 7 p.m. todayWHERE: Auburn Arena, AuburnRECORDS: Auburn 5-5, Texas Southern 2-8ON THE AIR: TV – SEC Network+. Radio – WMSP-AM 740, WLWI-FM 92.3AUBURN LINEUP: G Antoine Mason, 6-1, GS., 14.5 ppg.; G Tahj Shamsid-Deen, 5-9, So., 7.3 ppg.; G K.T. Harrell, 6-4, Sr., 18.2 ppg.; F Jordon Granger, 6-5, Jr., 5.6 ppg., 3.8 rpg.; F Cinmeon Bowers, 6-7, Jr., 13.4 ppg., 11.5 rpg.TEXAS SOUTHERN LINEUP: G Deverell Biggs, 6-1, Sr., 9.7 ppg., 3.7 rpg., 4.1 apg.; G Madarious Gibbs, 6-1, Sr., 9.0 ppg; F Nevin Johnson, 6-5, Jr., 4.4 ppg.; F Chris Thomas, 6-5, Jr., 15.7 ppg., 4.7 rpg.; .F Nick Shepherd, 6-9, GS., 1.5 ppg.NOTEWORTHY: K.T. Harrell is coming off being named SEC Player of the Week for his performances in wins over Winthrop and Xavier in which he averaged 19 points and five rebounds. The Montgomery native is the SEC’s leading scorer (18.2). … Texas Southern is coming off a stunning 71-64 overtime win at Michigan State. It was the program’s first win over a ranked opponent since 1994. … Coached by former Indiana and UAB coach Mike Davis, TSU is in the midst of playing 15 of its first 16 games on the road. … Antoine Mason is 8 points shy of 2,000 career points. … Auburn is 5-0 when four or more players score in double-figures and 0-5 when three or less do so. … This is the third of five straight home games for Auburn. The Tigers are 4-1 at home this season. … Auburn is 22-0 all-time against SWAC teams, including 2-0 against Texas Southern, though the teams last met in 1990.last_img read more

O-K Conference boys hoops: Mona Shores, Spring Lake and Muskegon post wins

first_img Add Comments (Max 320 characters) Share Other Displayed poorly Bestseller Report a problem This item is… Displayed poorly Bestseller Report a problem This item is… Report a problem This item is… Other Inappropriate / Offensive (2) Other $0.00 × Other (117) Other (17612) Bestseller Bestseller ENDS IN Inappropriate / Offensive Bestseller Displayed poorly Thank you! This will help us improve your ad experience. We will try not to show you such ads again. 50PC Disposable Face MàSc/Mack Anti-Dust … Twelve Report a problem This item is… ENDS IN Add Comments (Max 320 characters) DEAL OF THE DAY The Sports Gene: Inside the Science of Extr… Thank you! This will help us improve your ad experience. We will try not to show you such ads again. $14.99$18.00 LocalSportsJournal.comThe Mona Shores boys basketball team won its second straight game with a 67-62 win over Kenowa Hills on Tuesday in an O-K Black matchup.The Sailors trailed 42-38 after three quarters, then stole the victory by outscoring the Knights 29-20 in the fourth quarter.James Gilbert and Daquarius Cooper each had 18 points for Mona Shores (3-6, 2-2) while Jarvis Walker added 13.MUSKEGON 70, REETHS-PUFFER 25 – Muskegon jumped out to a 45-12 lead and never looked back in an O-K Black contest. Jermayne Golidy led the Big Reds (12-0, 4-0) with 16 points while Markell Jackson and Sam Cornett Jr. each added 12 points. Reeths-Puffer (1-9, 0-3) was paced by Emcee Williams with six points.O-K BLUESPRING LAKE 48, COMSTOCK PARK 46 – The Lakers (9-3, 3-2) withstood a late rally from Comstock Park to come away with a conference victory. Spring Lake led 40-34 entering the fourth quarter, but the Panthers pulled within a point, 47-46, and had possession with under 10 seconds to play, but couldn’t get a shot to fall. Jack VanWingen and Griffin Lorimer each scored 11 points for the Lakers. Logan Serba scored 23 points for the Panthers. Not relevant Thank you! This will help us improve your ad experience. We will try not to show you such ads again. Displayed poorly Mail Ads by Amazon Other (657) (822) $0.00 (34271) $0.00 Bestseller Not relevant Other Report a problem This item is… Not relevant Not relevant ENDS IN Other Add Comments (Max 320 characters) (31628) Thank you! This will help us improve your ad experience. We will try not to show you such ads again. Thank you! This will help us improve your ad experience. We will try not to show you such ads again. Add Comments (Max 320 characters)center_img DEAL OF THE DAY Displayed poorly × Thank you! This will help us improve your ad experience. We will try not to show you such ads again. × Not relevant Shares Displayed poorly × DEAL OF THE DAY MIRITY Women Racerback Sports Bra… Inappropriate / Offensive ENDS IN DEAL OF THE DAY × ENDS IN $9.99 Share DEAL OF THE DAY Add Comments (Max 320 characters) Not relevant Bestseller DEAL OF THE DAY Not relevant $49.95 NBC Sports Inappropriate / Offensive Thank you! This will help us improve your ad experience. We will try not to show you such ads again. FOX Sports: Stream live NFL, College Footbal… Not relevant × $37.99 Inappropriate / Offensive Report a problem This item is… Add Comments (Max 320 characters) Bestseller $15.29$17.99 DEAL OF THE DAY Report a problem This item is… Inappropriate / Offensive × Displayed poorly Add Comments (Max 320 characters) DEAL OF THE DAY ENDS IN Thank you! This will help us improve your ad experience. We will try not to show you such ads again. Report a problem This item is… Shop Now Inappropriate / Offensive Displayed poorly Add Comments (Max 320 characters) × The League (7802) Fox Sports Go ENDS IN Inappropriate / Offensive ENDS IN Ads by Amazonlast_img read more

Agero to skipper Shujaa at Safari 7s

first_img0Shares0000Eden Agero at the Sydney Sevens.NAIROBI, Kenya, Nov 7 – Experienced fly-half Eden Agero will captain Shujaa as the team seeks to defend the Safari Sevens this weekend at the RFUEA Ground.Agero will be assisted by Michael Wanjala with the rest of the players forming the squad including Herman Humwa, Alvin Otieno, Harold Anduvate, Johnstone Olindi, Daniel Taabu, Mark Wandetto, Charles Omondi, Dennis Ombachi, Cyprian Kuto and Leonard Mugaisi. 0Shares0000(Visited 1 times, 1 visits today) Samuel Motari will skipper the second string Morans side which also features Brian Wahinya, Eliakim Kichoi, Timothy Mmasi, Brian Wandera, Mark Kwemoi, Gregory Ochieng, Shaddon Munoko, Paul Mutsami, Ronnie Omondi, Vincent Onyala and Eric Ombasa.Both teams will be under the tutelage of Paul Murunga and Kevin Wambua while Lamech Bogonko is the team physio.SquadsShujaaEden Agero, Michael Wanjala, Herman Humwa, Alvin Otieno, Harold Anduvate, Johnstone Olindi, Daniel Taabu, Mark Wandetto, Charles Omondi, Dennis Ombachi, Cyprian Kuto and Leonard Mugaisi.MoransSamuel Motari, Brian Wahinya,Eliakim Kichoi, Timothy Mmasi, Brian Wandera, Mark Kwemoi, Gregory Ochieng, Shaddon Munoko, Paul Mutsami, Ronnie Omondi, Vincent Onyala and Eric Ombasa.last_img read more

Kern County hit by 4.3 temblor

first_img AD Quality Auto 360p 720p 1080p Top articles1/5READ MOREGame Center: Chargers at Kansas City Chiefs, Sunday, 10 a.m.160Want local news?Sign up for the Localist and stay informed Something went wrong. Please try again.subscribeCongratulations! You’re all set! RIDGECREST (AP) – A minor earthquake swayed Kern County in Southern California early Wednesday. No injuries were reported. The magnitude-4.3 quake struck at 5:22 a.m. and was centered 15 miles north of Ridgecrest, the U.S. Geological Survey said on its Web site. Ridgecrest is about 110 miles northeast of Bakersfield. “It was a jolt and then a smooth roll,” said Kammy Rana, a dispatcher for the Ridgecrest Police Department. “It made the office sway slightly.” last_img read more