July 08, 2019
The update for its annual shareholder meeting said JD continued to show positive comp store sales in its core U.K. and international businesses, and that it was encouraged by trading developments in the U.S.
The gun company, which has been on the market since last Spring, was sold to an unnamed private equity group for a total purchase price of $170 million, including $158 million in cash up front and a $12 million note.
The Goodyear, AZ, city council approved a $2 million package as part of its assistance to the Eager Beavertons for building its new air sole factory there, despite the state pulling its financial aid package after the E.B.s’ pulled a Betsy Ross flag shoe prior to the Fourth of July.
He had been CEO of the brand from 2010 to 2016 when it was part of Brunswick Corp. He was replaced in 2017 by Jamie Irick who briefly led the company during a crucial competition for Planet Fitness’s preferred vendor status, which went to Precor.
Parent SportCo holdings and financial advisor, Emerald Capital Advisors, have until July 24 to find a buyer for a going concern sale of its assets, a bankruptcy court judge ruled, approving a deal reached with the committee of unsecured creditors.
He was brought in by founder and co-chairman Randy Hetrick, who bought out the suspension training company in Jan. with backing from PE firm Equity38.
For the second straight month, NSSF-adjusted FBI background checks increased, gaining 3.5% to 924,054 last month from 892,479 in June 2018.
Yeti is suing The Steel Magnolia Group in West TX District Court, alleging that its 14 oz., 20 oz. and 30 oz. stainless steel tumblers infringe on established Rambler trade dress.
SRAM is recalling about 920 RockShox Lyrik and RockShox Yari front suspension forks because their lower leg assembly can break and cause the rider to lose control.