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Authentic Brands takes 51 percent stake in legacy brand Frye

Authentic Brands Group (ABG) has gone shopping again, taking a 51 percent stake in Frye, one of the oldest footwear brands in the U.S. Commenting the deal, Jamie Salter, chairman and CEO of ABG , highlighted that “Frye is an American legacy brand which has been synonymous with quality and style for more than a century.” In regards to the new...

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