January 05, 2021
Asics has permanently closed its Fifth Ave. flagship store in Manhattan, and will take a one-time charge of ¥2.3 billion ($22.4 mm) in the final quarter of 2020 for the cost to exit the lease and impairment of the store’s assets. Mad Engine Control Sold to PE Firm
Platinum Equity has acquired a majority stake in the apparel company, which licenses brands from Disney, Warner Brothers, Epic Games and many others and also owns the Neff, LRG and Mighty Fine brands. Garmin Buys GEOS Worldwide Assets
Montgomery, TX-based GEOS is a provider of emergency monitoring and incident response services, including search and rescue for skiers, outdoor adventurers and boaters. HanesBrands Defeats Champion Counterfeiters
HBI said it has won a favorable judgment from the Nanjing Intermediate People’s Court against six counterfeiters and unauthorized retailers of the Champion brand in China. Etcetera: Maine Sport Outfitters, NSGA
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