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The Latest Breaking News from ABG

From Martha Stewart to Dockers to Toys "R" Us, brand managers are raking in billions betting on classic American names

Brand management companies are gobbling up beloved brands from Martha Stewart to Dockers—but views are split on whether they are saviors or vampires.

Fortune

Shaquille O'Neal And Former NBA MVP Allen Iverson Reunite To Rebuild Reebok — And Shaq Says 'I Do Everything But Nothing'

Shaquille O'Neal said he stays involved in Reebok's basketball business without micromanaging as he works with former NBA star Allen Iverson.

Benzinga

Asbury Auto Breaks Sales Record, Sharpens Strategy With Utah Sale

Asbury Automotive Group (NYSE:ABG), one of the largest automotive retail and service companies in the U.S., reported mixed third-quarter results.

Benzinga

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In search of the South Pacific fugitive who crowned himself king

Noah Musingku made a fortune with a Ponzi scheme and then retreated to a remote armed compound in the jungle, where he still commands the loyalty of his Bougainville subjects

The Guardian - UK

Thousands Of ‘Vulnerable’ Photos Of SI Swimsuit Models In Various “States Of Undress” Go Missing

"They are in trouble." Hundreds of intimate photos of Sports Illustrated models have been lost amid a legal battle between the magazine and its previous publisher. The post Thousands Of ‘Vulnerable’ Photos Of SI Swimsuit Models In Various “States Of Undress” Go Missing first appeared on Bored Panda.

Bored Panda

What went wrong with Ted Baker?

City Voices: Another of Britain’s beloved brands on the brink

Evening Standard

Iconic US Magazine Sports Illustrated Gets Publishing Lifeline

Sports Illustrated, one of America's most storied magazines, saw an end to months of limbo Monday as a new 10-year publishing deal was announced.

International Business Times

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Sports Illustrated Magazine Lays Off Staff

Staff at Sports Illustrated, the famed American sports magazine that became a fixture for athletes and fans, were laid off on Friday by publisher The Arena Group, according to the SI employees union.

International Business Times

Game Over: Entire Staff of Sports Illustrated To Be Laid Off by Parent Company Arena Group

Most of the editorial brand's staff were terminated immediately, while others will work through the end of a 90-day notice period.

Latin Times

Navigating 2024 Financial Success With 3 Auto Buys

The global automotive industry evolves with electrification, autonomy, and connectivity, while car rental growth and aftermarket demand for enhanced vehicle performance shape its trajectory. Hence, fundamentally strong auto stocks Volvo AB (VLVLY), Cars.com (CARS), and CarParts.com (PRTS) could accumulate success this year. Read more….

StockNews.com

3 Auto Dealer Stocks Staying on Top of Wall Street

The auto industry exhibits a robust outlook due to inflation coming down from its peaks and consumers’ resilient appetite for buying cars. Therefore, auto dealer stocks Asbury Automotive Group (ABG), Group 1 Automotive (GPI), and Sonic Automotive (SAH) might be watched now. Read on….

StockNews.com

1 Auto Stock to Buy, 2 to Sell This Week

Given the automotive market’s prospects, it could be wise to consider investing in fundamentally sound stock Asbury Automotive Group (ABG). However, the auto industry may face obstacles due to current macroeconomic conditions. Thus, fundamentally weak stocks such as America's Car-Mart (CRMT) and Kaixin Auto Holdings (KXIN) might be avoided. Read…

StockNews.com

Bougainville's destructive goldmine could also be its $90 billion key to independence

This Bougainville community is living on a literal goldmine, but some residents say that despite it being abandoned for decades, it poses a risk to their environment and human rights.

ABC News

3 First-Rate Auto Dealer Stocks Dominating Their Industry

The automotive industry in the United States is expected to experience strong growth in the coming years, with a focus on electric vehicles, expanding dealership networks, and the rising demand for certified used cars. Given this backdrop, it could be wise for investors to buy fundamentally strong auto dealer stocks…

StockNews.com

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The Independent UK

Arbitrator will referee Dr. J's suit against brand developer

A Delaware judge has halted a lawsuit filed by basketball legend Julius Erving against a brand-development and marketing company

The Guardian - UK

‘A gay icon no more’: will David Beckham’s Qatar role kill his brand?

The man once called ‘Golden Balls’ has put his enduring appeal to the test in becoming the face of a controversial World Cup

The Guardian - AU

Australian deputy prime minister Richard Marles accused of ‘veiled threats’ by Bougainville president

Autonomous Bougainville government president accuses Australia of destabilising its right to self-determination

Evening Standard

Reebok owner Authentic Brands buys Ted Baker for £211 million

UK fashion retailer said it was facing the “risks of the uncertain economic environment”

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news in one place.

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The Guardian - UK

Ted Baker agrees takeover by US Reebok owner

Directors recommend 110p-a-share deal with ABG, which values the London-listed clothing firm at £211m

StockNews.com

3 Auto Dealership Stocks to Avoid as U.S. Car Sales Slump

Considering the current market volatility and decline in U.S. car sales amid an economic slowdown, it may not make sense to bet on auto dealership stocks that could plunge due to their fundamental weakness or the industry headwinds. CarMax (KMX), Asbury Automotive (ABG), and Sonic Automotive (SAH) have weak financials…

The Independent UK

Las Vegas chapels told to stop unauthorised Elvis-themed weddings

The brand group intends to stop the unauthorised use of any Elvis-related merchandise in Las Vegas chapels.

Benzinga

Licensing Firm Warns Las Vegas Chapels That Elvis Must Leave Their Building

One of the happy-tacky staples of Las Vegas commerce and culture, the Elvis Presley-themed weddings performed in the resort city’s chapels, is facing a legal shutdown from the company that holds the licensing rights to the King of Rock & Roll’s image.

Benzinga

Asbury Automotive Group: Q1 Earnings Insights

Asbury Automotive Group (NYSE:ABG) reported its Q1 earnings results on Thursday, April 28, 2022 at 07:00 AM. Here's what investors need to know about the announcement.

Benzinga

Asbury Automotive Group: Q4 Earnings Insights

Asbury Automotive Group (NYSE:ABG) reported its Q4 earnings results on Tuesday, February 15, 2022 at 07:00 AM. Here's what investors need to know about the announcement.

Benzinga

Earnings Preview For Asbury Automotive Group

Asbury Automotive Group (NYSE:ABG) is set to give its latest quarterly earnings report on Tuesday, 2022-02-15. Here's what investors need to know before the announcement. Analysts estimate that Asbury Automotive Group will report an earnings per share (EPS) of $6.05.

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