The company behind Forever 21 and Brooks Brothers is delaying IPO plans and selling stakes to private equity firms

Forever 21 is among the 30+ companies in Authentic Brands Group’s portfolio.Authentic Brands Group Authentic Brands Group will sell equity stakes valuing the retail management company at $1.27 billion.  ABG’s founder and CEO Jamie Salter reportedly said the company will pursue an IPO in 2023 or 2024.  ABG plans to bring Reebok into its fold…