April 19, 2019 The Inside Story on How Modell’s Came Back from a Near Disaster
When the story appeared in the Wall Street Journal March 11 that Modell’s had hired Berkeley Research Group and was possibly considering a bankruptcy filing, the timing couldn’t have been worse for CEO Mitchell Modell. Sears Sues Eddie Lampert for Years of Looting
The remains of Sears Holdings, whose assets were acquired by Eddie Lampert for about $5.2 billion in Feb. following a contentious bidding process, is suing its former chairman for fraudulently siphoning off billions of dollars of Sears’ assets to Lampert’s shareholders. Under Armour N.A. Chief Departs
President of North America Jason LaRose is leaving the company after serving for two-and-a-half years in the post during a tumultuous period where UA was battling sliding sales here. Nike Files Footware Trademark Application
The Eager Beavertons are seeking to use the mark for computer hardware and software, but notably not for footwear, reported by The Fashion Law. OIA Scores $40 Million in Tariff Savings
Outdoor Industry Association’s Trade Advisory Council, working with footwear brands including Danner, Columbia and Keen, saw the U.S. ITC approve 10 footwear-related Miscellaneous Tariff Bill petitions. North Face Climbers Lost in Avalanche
American Jess Roskelley and Austrians David Lama and Hansjörg Auer are missing and presumed dead after an avalanche on Howse Peak in Banff National Park in Alberta, Canada, the New York Times reported. |