Who Owns Forever 21?

Forever 21 is owned by Authentic Brands Group, a group that in 2020 generated $489 million in revenue and comprised over 30 brands spanning various lifestyle categories. The principal shareholders include BlackRock, Leonard Green & PartnersGeneral Atlantic Simon Property GroupLion Capital.

The Authentic Brands Group focuses on three core elements for its brand flywheel:

  • Brand Growth.
  • Marketing.
  • Revenue.

The Authentic Brands Group acquired more than 30 brands over the years.

Related Ownership Case Studies

Who Owns Nike

The Knight family owns Nike. Indeed, the top individual shareholder is Travis A. Knight, son of Philip Knight, co-founder of Nike, with a 7% stake in Class A stocks and a 2.7% stake in Class B stocks. On the other hand, the Knight family also controls the company tightly through their Trusts and an LLC called Swoosh (the Nike logo’s shape is a “swoosh”). Through individual shares, Swoosh LLC, and Travis Knight’s irrevocable trust, the Knight family controls over 97.1% of Class A and 21.4% of Class B stocks.

Who Owns Jordan

The Jordan brand is owned by Nike, as, at the time, the company was building its strategy to work with athletes to launch shows that could inspire consumers. The partnership with Michale Jordan started in 1987 with the launch of the classic Jordan 1, which sealed the collaboration between Nike and Jordan. In 2022, Jordan generated over $5 billion in revenue within Nike’s footwear empire.

Who Owns LVMH

LVMH, among the world’s largest luxury goods companies, will own Louis Vuitton with over $53 billion in revenues by 2019. It holds 75 brands in six different sectors. These brands comprise Louis Vuitton, Bulgari, Christian Dior, Fendi, Loro Piana, Celine, Givenchy, Kenzo, Berluti, and Rimowa. The Arnault family owns LVMH.

Who Owns Gucci

Gucci is owned by the french holding Kering, which completed its buyout of Gucci in an $8.8 billion deal in 2004. Artémis is the investment company of the Pinault family. Founded in 1992 by François Pinault, Artémis is the leading shareholder in Kering, which owns Gucci. The Kering Group generated over €20 billion in revenue in 2022, and Gucci was the leading brand, with revenue of €10.5 billion.

Who Owns Prada

Prada is owned by the Prada Holding (80%), which is owned and controlled by the Prada’s family comprised of co-founder Patrizio Bertelli, and Miuccia Prada, and sons.

Who Owns Zara

Inditex owns Zara, the Spanish fashion empire owned by Amancio Ortega, whose net worth in 2022 stood at over $50 billion, making him the wealthiest man in Spain. Zara is the most important asset of Inditex, contributing to over 70% of the group’s revenues. Inditex generated almost €28 billion in 2022, and Zara generated almost €20 billion in the same period.

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