Authentic Brands Group (ABG), owner of brands such as Juicy Couture and Jones New York, has benefited from a minority investment from consumer-focused group Lion Capital. 

Known for its current and previous stakes in brands such as AllSaints, Jimmy Choo and John Varvatos, Lion Capital has taken an undisclosed stake in Authentic Brands. Terms of the transaction were not disclosed.  

US brand development company ABG is a portfolio company of Leonard Green & Partners (LGP). It owns a global portfolio of fashion, sports and entertainment brands, which it builds and manages through partnering with best-in-class licensees and retailers. 

"We are extremely fortunate to have LGP as our partner and we are thrilled to add Lion Capital as our newest partner alongside LGP," said Jamie Salter, CEO of Authentic Brands Group.

Lyndon Lea, partner at Lion Capital, added: "After spending time with Jamie and the ABG team, I have gained a tremendous respect for the platform the ABG team has built. Jamie and I saw appealing synergies between ABG and Lion Capital, and our investment represents an exciting next step for the development of ABG."