January 19, 2017
The fast-growing e-tailer, which already operates NBAStore.com and the league’s brick-and-mortar stores, will have exclusive rights to make and sell replica jerseys starting next season, while Nike will supply the on-court apparel as it takes over the NBA license from adidas for 2017-18.
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.
Falconhead Capital and M3 Outdoor Investments acquired the maker of water sports and winter sports products.
Not surprisingly, a handful of other law firms announced they were investigating the company for a possible shareholder action against it as a result of its recent announcement of a $400-450 million asset impairment charge.
The bid was from the stalking horse bidder at the auction of the Austin, TX, facility, including a $500,000 breakup fee.