Negotiations aimed at finalizing HanesBrands’ sale of its Champion brand to Authentic Brands Group are taking longer than expected and may not conclude until late summer.
Sale of Champion Could Take Until Summer’s End
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Gildan Shareholders Back Activist Investors’ Board Candidates, Chamandy Installed as CEO
A formal vote of support at the Tuesday, May 28 annual shareholders meeting officially concluded a virulent, months-long proxy battle over the leadership of the Top 40 supplier.
Gildan Board and CEO Resign; Chamandy’s Return to C-Suite Imminent
A proxy war for control of the Top 40 supplier has ended with victory for activist investors and co-founder/former CEO Glenn Chamandy.
Report: Ocean Bottle Collected 10M Pounds of Sea-Bound Plastic Last Year
Last year, certified B Corp and sustainable drinkware supplier Ocean Bottle (asi/74713) funded the collection of about 10 million pounds of ocean-bound plastic.
Gemline Reincorporates as Public Benefit Corporation
Gemline, Lawrence, Massachusetts, has reincorporated as a Massachusetts Public Benefit Corporation – a change that requires the company’s board of directors to consider Gemline’s social and environmental mission along with its fiduciary responsibilities. “Gemline’s commitment to social responsibility has been a consistent priority of our company and me,” said Jonathan Isaacson, executive chairman at Gemline and…
Man Pleads Guilty To Stealing & Selling Millions in Masters Merch & Memorabilia
A former warehouse assistant at Augusta National Golf Club illegally made about $5.6 million by stealing and selling exclusive Masters branded merchandise and historic memorabilia, including famous Green Jackets worn by past champions of the major professional golf tournament like Arnold Palmer and Ben Hogan, authorities said. Richard Brendan Globensky, 39, of Augusta, GA, got…
How to Avoid Security Risks With 1099 Tax Numbers
Ask the Accountant… Question: How can you suggest not keeping 1099 tax id numbers in QuickBooks? If I have security risks with this information, don’t I have security risks with all of my company information in QuickBooks?? Answer: The security risks to your QuickBooks can come from external and internal sources. Of course, you must…
Cap America Hires Carter Newman to National Sales Manager Role
Cap America has hired Carter Newman as national sales manager for its sporting goods division.
Charles River Welcomes New Sales Team Members
Nicola McLeod is now director of outside sales, and Candice Chancellor is territory account manager for the Mid-Atlantic region.
General Diaries To Close as Owner Retires
General Diaries owner Mark Lebo announced that he is retiring, and as he does, General Diaries will be closing.