Simon Property and Authentic Brands to acquire Eddie Bauer from Golden Gate Capital.

Apparel retailers Simon Property and Authentic Brands to acquire Eddie Bauer, an outdoor gear company, from Golden Gate Capital, a private equity firm. Financial terms were not disclosed. Following the close of the transaction, SPARC’s operating platform will include Eddie Bauer, Brooks Brothers, Lucky Brand, Nautica, Aéropostale and Forever 21. “Eddie Bauer has built up great momentum. We are excited to partner with ABG and SPARC, who recognize the significant opportunities ahead, and are well-positioned to help us maximize the brand’s full potential and expand our global presence as a leader among outdoor and active brands. On behalf of the entire Eddie Bauer team, we are deeply grateful for the support of Golden Gate Capital, who has been instrumental in guiding our strategy and accelerating Eddie Bauer’s growth over the course of our partnership," Damien Huang, Eddie Bauer President.