Authentic Brands Group, which has multiple authorized businesses such as the Elvis Presley portrait rights and the Reebok Sports brand, will advance its initial public offering as early as the first half of next year. The company's CEO Matthew Maddox said in an interview on Monday: “The company is ready. Our system and team are all in place, the story logic is clear, and we are ready to go.” According to Maddox, Authentic's revenue was 2.2 billion US dollars, profit before interest, tax, depreciation and amortization reached 1.8 billion US dollars, and the profit margin was as high as 81%. The international market accounts for approximately 35% of revenue.

Authentic Brands Group, which has multiple authorized businesses such as the Elvis Presley portrait rights and the Reebok Sports brand, will advance its initial public offering as early as the first half of next year. The company's CEO Matthew Maddox said in an interview on Monday: “The company is ready. Our system and team are all in place, the story logic is clear, and we are ready to go.” According to Maddox, Authentic's revenue was 2.2 billion US dollars, profit before interest, tax, depreciation and amortization reached 1.8 billion US dollars, and the profit margin was as high as 81%. The international market accounts for approximately 35% of revenue.