May 31, 2017
The U.S. trustee asked the bankruptcy court to wind down the case as sales from the GOB process have been below forecast and the case is now deemed to be administratively insolvent.
WWW inked a global, long-term license for the 100-year-old children’s brand with Vida Shoes International, which manages a portfolio of over a dozen women’s and kids’ shoe brands including Carter’s, Hanna Anderson and Union Bay.
The Eager Beavertons confirmed in a statement that it had no plans to change its relationship with the former Number One golfer in the world following a DUI charge over the weekend.
The Series F financing carried a $1.25 billion valuation, according to Chain Store Age and participants included Wellington Management, Fidelity Investments, Kleiner Perkins, True Ventures, Comcast NBC, GGV Capital, Balyasny and Questmark.
CWH sold 4,000,000 shares of Class A common stock at $27.75 per share and selling shareholder Crestview Advisors sold another 5,500,000 shares.
The promoter of art events worldwide sued over distribution of about 1,000 pairs of sneakers with the Art Basel lettering in connection with the Miami event held in Dec., 2016 at the Miami Convention Center.
The eight-store chain based in Ft. Lauderdale lists $2,590,874 owed to unsecured creditors and $2,400,824 owed to secured creditors against assets of $915,432, including inventory valued at $776,102.