Chico’s Takes lucy Board Seat After Investment

lucy activewear, inc. has closed a $20.3 million round of financing, with retailer Chico's FAS, Inc. joining existing investors Lone Pine Capital, Maveron LLC, Oak Investment Partners and Sutter Hill Ventures in the series G financing. Chico's p

Deep Distribution Parts With WESC

Deep Distribution no longer represents Swedish clothing brand, WESC in the United States. Deep Distribution will shift its energy and focus to its core business of growing Nikita Clothing in the US market. WESC will open a New York retail location and han

AT Conservance Elects New Board

Fifteen men and women with an array of connections to the Appalachian Trail—including five of the 30 members of the old board of managers of the Appalachian Trail Conference—have been elected to serve as the first board of directors of the Appalachian Tra

Sport-Haley Looks for Clean SEC Slate…

Sport-Haley, Inc. is pursuing settlement of claims brought against it and its former controller, Steve Auger, by the U.S. Securities & Exchange Commission. The suit, filed by the SEC in 2003, alleges that Sport-Haley misrepresented inventories, period cos

Just Two Bikes Has Two New Owners…

Just Two Bikes in Hugo, Minn. was acquired by the company’s sales and marketing manager, Jim Dugelman, and Dale Hedstrand, president of Focal Point Financial Services. They have acquired the firm for an undisclosed sum from Jim Muellner, who founded JTB i

Golf Galaxy Sets Price Range for IPO

Golf Galaxy Inc. is set to be the first golf specialty retailer to hit the public market after last week setting the price range for its initial public offering between $11 and $13 per share. The retailer, which is expected to debut on the NASDAQ exchang

Reebok Completes Ralph Lauren Footwear Sale

Polo Ralph Lauren Corporation has completed the acquisition of Ralph Lauren Footwear Co., Inc., its global licensee for footwear for men, women and children, from Reebok Internaional, LTD. The purchase is a cash transaction of approximately $110 million..