New York City — Over the last several weeks, ABG has been working closely with its partners to suspend all branded stores and e-commerce operations in Russia. In some cases, partner operations were suspended immediately. In other cases, due to contractual issues, the suspension of partner operations took longer to come into effect.
As of March 20, 2022, ABG has successfully suspended all branded stores and e-commerce operations in Russia.
In light of Russia’s unrelenting attacks on Ukraine and the escalating humanitarian crisis, ABG has made donations to the United Nations High Commissioner for Refugees (UNHCR) and 7: The David Beckham UNICEF Fund, which are driving humanitarian efforts and providing immediate aid to those most in need in the region.
ABG has also implemented a 1:1 employee matching gift program, whereby ABG will match donations made by employees to the United Nations High Commissioner for Refugees (UNHCR).
In closing, the company issued a statement: “Please join us in calling for peace and freedom for Ukraine.”
Authentic Brands Group (ABG) is a brand development, marketing and entertainment company, which owns a portfolio of global media, entertainment and lifestyle brands. Headquartered in New York City, ABG elevates and builds the long term value of more than 50 consumer brands and properties. Its brands have a global retail footprint across the luxury, specialty, department store, mid-tier, mass and e-commerce channels and in more than 7,500 freestanding stores and shop-in-shops around the world.
ABG’s portfolio of brands includes Marilyn Monroe®, Elvis Presley®, Muhammad Ali®, Shaquille O’Neal®, David Beckham®, Dr. J®, Greg Norman®, Neil Lane®, Thalia®, Sports Illustrated®, Reebok®, Eddie Bauer®, Spyder®, Volcom®, Airwalk®, Nautica®, Izod®, Forever 21®, Aéropostale®, Juicy Couture®, Vince Camuto®, Lucky Brand®, Nine West®, Jones New York®, Frederick’s of Hollywood®, Adrienne Vittadini®, Van Heusen®, Arrow®, Tretorn®, Tapout®, Prince®, Vision Street Wear®, Brooks Brothers®, Barneys New York®, Judith Leiber®, Herve Leger®, Frye®, Hickey Freeman®, Hart Schaffner Marx®, Thomasville®, Drexel® and Henredon®.
For more information, visit www.authenticbrands.com.
SOURCE: Authentic Brands Group