The Reebok owner has made a deal to acquire U.K. fashion brand Ted Baker for about £211 million ($254 mm), after the company was forced to put itself up for sale due to the pandemic. Once the acquisition is completed, ABG intends to separate the newly acquired company into an intellectual property holding company, controlled by ABG, and will have one or more operating companies manage the brand’s stores, e-commerce, and wholesale business. It will also ... Log in to view full article.