December 03, 2018
With both sides facing increasing political pressure and risking damage to their economies, the two sides worked out an agreement at the G-20 meeting that will delay imposition of new tariffs and a planned Jan. 1 increase on $200 billion worth of Chinese goods to 25% from 10% in hopes that a permanent arrangement can be made within a set 90-day period.
The Concerned Shareholders of Big 5 Group, which is backed by securities litigation firm Johnson Fistel, has proposed former Wal-Mart SVP Mel Redman and former Vans EVP Jeff Moore to fill the two vacant seats on the BGFV board.
The billionaire founder of Lululemon is in talks to acquire a 20% stake in the group that is putting together financing to buy Amer Sport, according to a report in Bloomberg.
The company will pay $183.7 million, or $26.64 per share, for half of Blackstone’s shares, and the PE fund will convert its remaining preferred shares into approximately 6.9 million shares of CROX common stock.
Last year’s rushing champion was released by the Kansas City Chiefs Nov. 30 after a video surfaced that showed him kicking a woman, and Under Dog parted ways with him the next day.
Parent Advanced Sports Enterprises filed an amended store closing plan with the bankruptcy court for an additional 62 stores in addition to the 40 stores on its initial list.
Two disgruntled Yeti Rambler Colster owners, Lance Peroutka and Otis Fung, are seeking class certification for their suit in E. NY District Court, claiming that the coolers allow bottles and cans to slip out of the casing.
The licensed apparel juggernaut is partnering with Overwatch League owner Blizzard Entertainment as the exclusive provider of jerseys, fan gear, headwear, and hard goods.