July 18, 2017 Kohlberg Closes on Newell Winter Sports
The sale of the K2, Marker, Volkl and Dalbello brands for $240 million has closed with Kohlberg announcing that Cristoph Bronder, currently CEO of Marker Dalbello Volkl, will become CEO of the new enterprise while Robert Marcovitch, president of K2, will be leaving the company after a transition period. Nike Salesman Indicted for Fraud
David Reichert, fired as senior account executive for licensed apparel in the St. Louis area, is indicted for selling merchandise to two retail accounts that he secretly owned and overriding the discounts from the standard three to seven per cent range to give himself discounts of 25% to 65%. Nike Expansion Will Cost $1 Billion
The expansion of the Beaverton headquarters will add six buildings and 3.2 million sq. ft. of space. Nike NBA Uniforms: More Choice than Ever
The NBA uniforms that will replace Adidas with the upcoming season will provide each team with at least four choices. Etcetera: Thermore, Sole, Sportsman’s Warehouse, Fleet Feet, Sweet Protection
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