January 19, 2018 Sheikh to Pursue Sale While Also Looking To Reorganize
Owner Sheikh S. Ellahi said his primary intention remains to reorganize the company but he agreed to simultaneously pursue a sale of the company under certain conditions at the insistence of the unsecured creditors committee. VF Will Open PA Distribution Center
VF Corp. is opening a new 500,000-sq.-ft. distribution center in Jonestown, PA, to service its growing direct-to-consumer business for the Vans, The North Face and Timberland brands.
The Alpine, UT-based company makes leather golf and lifestyle accessories, and will continue to be operated by founder Adam Heindorff and the company’s existing staff.
The Fourth Circuit vacated a USPTO decision that invalidated the NFL franchise’s trademark, ending a long legal battle for the team but leaving the social issue of the name unchanged. Mueller Wins German Patent Case
A German court enjoined 100 Mile from selling its Ultimate Performance knee brace and awarded Mueller unspecified damages and attorneys’ fees, according to a release from the company.
Hayes, one of the first employees of Blue Ribbon Sports and a longtime Nike director, has died at 82. He was one of the original cohort of hard-drinking Nike executives that built the company from an importer of Asics running shoes into a publicly traded company. Etcetera: New Balance, Earth Treks/Planet Granite
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