Top SGB Apparel Updates

Report: Dick’s Among Companies Interested In Buying Some Stores From Sears

According to a report from Bloomberg, Dick’s Sporting Goods is among the companies that might be interested in buying some stores from Sears Corp. following that company’s bankruptcy. Sears is still weighing a $4.6 billion bid from its chairman, Eddie Lampert, but selling stores that Lampert needs as part of his turnaround plan would jeopardize that deal.

SGB Executive Apparel

Lids Finds New Turnaround Partner In Fanzz

While ending up with a skimpier price than hoped for, Genesco finally found a buyer for Lids to enable the company to re-focus on its footwear platforms. For its part, Lids hopefully found a new major partner, Fanzz-owner Ames Watson Capital, and minor partner, Fanatics, to help further stabilize the struggling business.

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