(Authentic) has confirmed the completion of its purchase of brands, including Quiksilver, Billabong, Roxy, RVCA, DC Shoes, Element, VonZipper, Honolua and Boardriders. Each brand comes with a recognized presence in the action sports and lifestyle industries. With the completion of this purchase, Authentic’s annual retail sales are now over $29 billion worldwide.
The deal was
, when Authentic Brands Group entered a period of exclusivity with Oaktree Capital Management.
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