Archive for February, 2017

Retail is Dead- Here’s the Autopsy

February 28, 2017

February 21, 2017 by Justin R Jacobs TL;DR: Traditional retail is suffocated by debt | etail figured out their biggest obstacle (instant gratification) | & then conquered the next frontier, digital shopping and advertising Warren Buffet selling off Berkshire Hathaway’s $1 Billion stake in Wal-Mart, the death spiral of Sears and the demise of Sports […]

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MC Sports Looks For Rebirth Amid Liquidation

February 27, 2017

Posted by SGB Media | Feb 15, 2017 In two diametrically opposed maneuvers, MC Sports is planning to quickly hold going-out-of-business sales at all its locations while also feverishly seeking a buyer or investor to avoid an all-out liquidation. In a statement, Bruce Ullery, MC Sports president and CEO, said the company’s bankruptcy filing only […]

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Under Armour made some huge mistakes that are turning into a nightmare

February 26, 2017

February 19, 2017 by Dennis Green Published by Business Insider Under Armour isn’t cool anymore, according to a recent analyst note. CEO Kevin Plank’s comments on CNBC praising Trump make it “nearly impossible to effectively build a cool urban lifestyle brand in the foreseeable future,” according to the note by Susquehanna International Group, an industry […]

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ICELAND PROKNIT JACKET – ISPO AWARD GOLD WINNER

February 25, 2017

ICELAND PROKNIT JACKET – ISPO AWARD GOLD WINNER We are delighted to bring home a new ISPO Award ! Our upcoming Iceland ProKnit Jacket, the world’s first multi-density knitted snowboard & ski jacket, has been awarded as “ISPO Award Gold Winner”   ISPO is the world biggest tradeshow for professionals in the boardsport industry. It […]

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What Does the Oracle of Omaha Know About Walmart That We Don’t?

February 24, 2017

What Does the Oracle of Omaha Know About Walmart That We Don’t? February 16, 2017 By Brent Franson Early this week, Berkshire Hathaway sold off nearly $1 billion of its investment in Walmart Stores. Why sell the bulk of its stock in Walmart? What does Warren Buffett know that we don’t? The answer to that […]

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