New York City — Authentic Brands Group (ABG), a global brand owner, marketing and entertainment company, has agreed to purchase the Heritage Brands portfolio from PVH Corp. Through the transaction, ABG will own and manage the intellectual property of Izod, Van Heusen, Arrow and other distinguished brands. “This acquisition was particularly attractive because of PVH’s well-established partnerships for these heritage brands,” says Jamie Salter, founder, chairman and CEO of ABG. “Each brand has strong consumer recognition, global distribution anchored at leading retailers and robust product programs with best-in-class licensing partners. …
