Kulle, a two-decade veteran at the Swedish apparel retailer, most recently worked as strategic adviser to former H&M Group Chief Executive Karl-Johan Persson.

Authentic Brands said earlier this month it had partnered with mall owner Simon Property and Brookfield Property to acquire Forever 21, without disclosing the financial terms of the deal.

(Reporting by Praveen Paramasivam in Bengaluru; Editing by Shailesh Kuber)