Jerry Turner Returns to Shoe Biz
The former owner of Brooks and American Sporting Goods is back from the golf course he never went on in the first place with Turner Footwear. He sold American Sporting Goods in Feb. 2011 for $145 million in cash plus assumed net debt, going out on a high note following a year of robust toning sales, and has been biding his time in the interim. Turner missed all his friends in the shoe business, he told us, and he obviously doesn’t need the money.
His plans for Turner Shoe are ... Log in to view full article.