What: The group sets its sights on U.K. struggling Debenhams and Arcadia.

Why it is important: ABG believes in reviving retailers in critical condition.

Authentic Brands Group held talks with administrators over the weekend for both Debenhams and Arcadia, and is eyeing a deal to take over the troubled retail groups, with Debenhams currently under administration. If it is successful, ABG will make a significant step into the UK and add the department store chain and flatlining fashion empire to a list of “dead on arrival” retailers that it has snapped up in a little over a year, including Barneys New York, Forever 21, and Brooks Brothers.

Authentic Brands Group is not the only one interested in the bankrupt brands. Mike Ashley's Frasers Group has expressed several times its interest in both Debenhams and Arcadia. He also is used to buying struggling brands with the ambition to revive and elevate them, like he is doing with House of Fraser. Learn more about this business model in IADS Exclusive article dedicated to Frasers Group.

From Barneys To Topshop, Authentic Brands Looks To Build Retail Empire

Related items:

• IADS Exclusive - Business case: Frasers Group
• Debenhams will close
• UK Arcadia Group files for bankruptcy
• The rise and fall of Topshop: what went wrong
• Frasers in talks to buy Debenhams