January 19, 2018
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 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.
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.