Wednesday, January 19th, 2022

Tag: Brands

Authentic Brands shelves IPO, to sell $12.7 billion stake to investors

Jamie Salter, chairman and chief executive of Authentic Brands Group LLC. Norm Betts | Bloomberg | Getty Images Retail conglomerate Authentic Brands Group plans to shelve a planned initial public offering and instead sell...

India’s billion-dollar Mensa Brands is already profitable, says founder

Indian start-up Mensa Brands has catapulted to billion-dollar unicorn status in just six months and, in a more rarified feat, is already profitable, its founder told CNBC. The direct-to-consumer brand aggregator this week became...

Kia EV9 concept signals brand’s next EV

Kia’s first vehicle on a dedicated electric vehicle platform — the EV6 — is not scheduled to arrive in U.S. dealerships until early next year, but the automaker is already hinting at its next...

Burger King parent Restaurant Brands International buys Firehouse Subs for $1 billion

Firehouse Subs Laura Kalcheff | Moment Mobile | Getty Images Burger King parent Restaurant Brands International announced Monday it bought Firehouse Subs for $1 billion. Shares of the restaurant conglomerate rose 2% in premarket...