January 02, 2018
The charges, triggered by the loss of some major licensing deals with Walmart, will see the goodwill in the women’s segment written down by $227.6 million, $135.9 million in men’s, $69.5 million in home furnishings and $88.7 million in international.
The gun maker’s Caa rating was taken down another notch to Caa3 from Caa2, at the lower end of a rating category that is defined as “speculative of poor standing and … subject to very high credit risk.”
The $1.1 billion imprinted sportswear maker is acquiring Bridgeport, CT-based Prime Line, which specializes in imprinted hardgoods.
The strongest performance since 2011 covered the period from Nov. 1 to Dec. 24 and includes the credit card company’s own transaction history supplemented by surveys on cash and check transactions.
While Amer said it looks forward to benefitting from the U.S. federal tax rate reduction to 21% from 35%, it will take a $13 million charge in 2017 to write down its $40 million deferred tax asset here.
The sale to the stalking horse bidder closed on substantially the same terms are the original bid, with Middleton agreeing to pay $3 million up front in cash and liquidate the remaining inventory for an estimated $36 million.
The PGA #11 men’s player and current Masters’ champion re-signed with Adidas for apparel and footwear, but will play Callaway woods, irons and wedges, an Odyssey putter and a Chrome Soft ball going forward.
Brooks Sports has appealed the USPTO’s dismissal of its opposition to the registration of Anta’s logo, which it says is confusingly similar to its registered Path and Heritage chevron marks.
Rocky Mountain Bicycles is recalling about 3,100 2018 Altitude, Instinct and Pipeline mountain bikes for repairs because the brake cable housing was not secured properly during manufacturing.