April 17, 2019 Sequential Brands Sells Martha Stewart, Will Focus on Active
The licensing company is selling its Martha Stewart and Emeril Lagasse brands to Marquee Brands for an estimated $175 million with up to an additional $40 million earnout, and will focus on its core active and fashion brands going forward. Nike Closes in on Extension with Paris Saint-Germain
Fresh off a strong co-branded jersey performance with Brand Jordan, the Eager Beavertons are reported to be finalizing a €75 million per year extension with France’s biggest football club. The North Face Petitions for Earth Day Holiday
TNF started a change.org petition targeted at “Governments Around the Globe” in partnership with 15 other VF brands and outdoor organizations, proposing that Earth Day should be a national holiday. Looptworks Receives Angel Investment
Oregon Sports Angels made a “solid six-figure” investment in the 10-year-old Portland, OR-based outdoor bag and softgoods maker, the Portland Business Journal reported. Etcetera: Zappos, Li Ning, Puma
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