UK Sky News has reported that Authentic Brands Group (ABG), a US brand management company, has emerged as the leading bidder for Hunter Boots, a British heritage rain boot manufacturer.
Another source cited by Sky News indicates that the valuation of the Hunter deal could reach as high as £100 million, surpassing initial expectations.
The informant also added that if negotiations between ABG and Hunter fall through, Chinese e-commerce solutions provider Baoshop.com, which owns Gap’s Greater China operations, as well as two US brand management companies, Marquee Brands and WHP Gl …
