In recent months there has been quite a lot of activity surrounding the future of Skullcandy’s ownership. The headphone and gaming accessories company, went public in 2011 and has seen a decline in share price and market share in the past few years.
The WSJ has just reported that Skullcandy has accepted an offer from Mill Road Capital Management, valuing the company at $196.6 million USD. The Mill Road price, came as a second offer after Skullcandy reported had a deal signed with Incipio. The WSJ reports that Skullcandy will pay a $6.6 million “termination fee” - ouch!
Read the full story here.
VF Corp, who currently owns Vans, The North Face, Timberland, Wrangler, Lee and Nautica, has just completed a deal with Delta Galil to sell off their contemporary brands: 7 For All Mankind, Splendid and Ella Moss.
Delta Galil is an Israeli manufacturer and marketer of branded and private label apparel products.
More information here.
Our friends at Terry Schindler & Associates have a few new brands that they are debuting for the upcoming sales season.
Baro Drywear - www.barodrywear.com
Vancouver based outerwear company.
Olivia Burton Watches - www.oliviaburton.com
Affordable, stylish and fashion-led watches.
National Standards - http://shop.ntlstandards.com/
Classically styled, but with a modern fit, everyday essentials.
For more information and to contact Terry Schindler & Associates, please visit their listing on CUT & SHOW.
For a Canadian retailer, KNOWSHOW continues to be one of the largest and most important to attend biannual trade shows in the country. Bringing together industry leading brands, distributors, buyers, and trend leaders under one roof is their specialty.
This year's Spring/Summer 2017 saw the launch of more than a few new products and brands to nurture the Canadian market. Below, we highlighted some of our favourites from the show.
Baggy Mc Bag is a new super lightweight and easy use outdoors lounge product that is just now being released to the market. Already seen being used at campgrounds, beaches, music festivals, and parks, the high quality ripstop nylon construction of t ...