January 21, 2021
The Sycamore Partners-owned department store chain is negotiating with creditors KKR and Blackstone, trying to avoid following peers Sears, JCPenney and Stage Stores into bankruptcy, the Wall Street Journal reported.
The Bolingbrook, IL-based imprintable apparel and accessories distributor is being acquired by private investment firm Clayton, Dubilier & Rice in partnership with management and existing owners.
ASO’s long serving EVP and COO Ken Attaway is leaving the company, it revealing in an SEC filing, and the retailer is eliminating the COO position entirely.
HBI has hired Joe Cavaliere as group president of global innerwear, a newly created role overseeing worldwide operations of the company’s underwear brands Hanes, Bonds, Maidenform, Playtex, Bali and DIM.
The primarily online outdoor retailer, which currently operates one store adjacent to its fulfillment center in Salt Lake City, UT, will open two new stores starting in May.
Outdoor Buying Group Inc., which operates as TrophySmack, is suing Ignite Impex LLC and its owners in Central CA federal court, accusing them of knocking off its fantasy football league championship belts and selling them on Amazon.