November 27, 2017
A double-digit surge in online spending over the Thanksgiving holiday drove new records in e-commerce sales, with an increasing share of those sales placed from phones.
A letter of intent from Middleton Management Company proposes to pay $39 million in total for the assets of Maurice Sporting Goods as the stalking horse bidder in a bankruptcy auction.
The embattled board of Ugg’s parent said it would add two new independent directors, replacing two retiring directors on the board as it continued to disparage Marcato’s motives and shareholder communications as misleading.
For the nine months ended Sep. 30, Dunlop’s comprehensive net income was ¥2,407 million ($21.6 mm) against a loss of ¥766 million as revenues increased 2% to ¥55,759 million ($500.2 mm) compared to ¥54,774 million.
Citing some pretty clear language in the endorsement agreement between them that relegates all disputes to arbitration in Oregon and, failing that, binding arbitration in Oregon, The Big a asked a Kentucky court to dismiss fired Louisville coach Rick Pitino’s claim that he has suffered emotional damages from the unfolding basketball scandal.
The lifestyle sneaker brand was sold to Global Investment Group, a private equity firm. Terms were not disclosed.
In the wake of reporting weak Q3 results, the rating agency said it was lowering the gunmaker’s credit rating to B3 from B2 on its $580 million secured term loan due in Apr., 2019 and lowering its rating on the $250 million secured notes to Caa2 from Caa1.