Retail Industry
Industry: Email Alert RSS FeedRUSSELL BUYS BIKE ATHLETIC.(Brief Article)
Daily News Record, February, 2003 by LLOYD, BRENDA
ATLANTA -- Russell Corp. has agreed to acquire Bike Athletic for $16.25 million. The acquisition was made at a bankruptcy court auction, and the U.S. Bankruptcy Court for the Eastern District of Tennessee is expected to approve the agreement in the next few days.
Bike, headquartered in Knoxville, Tenn., filed for bankruptcy on June 20, 2002, and had been operating under Chapter 11 protection. The company, founded in 1874, had sales of approximately $35 million in 2002. Bike's products include athletic supporters, knee and elbow pads, braces, protective equipment, team uniforms and performance apparel under several brand names, including Bike, Lady Bike, Compression Performance Short, BMS, SXT and Sportfit.
Jack Ward, chairman and CEO of Russell,...
- 5 Rules for Immediate Annuities
- Death in the Family: 12 Things to Do Now
- Dumbest Things You Do With Your Money
- 6 Online Networking Mistakes to Avoid
- 401(k) Mistakes to Avoid
- 5 Economic Scenarios to Keep You Up at Night
- The Real ‘Best Places to Retire’
- Best Credit Cards for You
- 12 Tough Questions to Ask Your Parents
- The Real ‘Best Colleges’
- Home Buyer Tax Credit: How to Cash In
- Why You Shouldn't Bash Cash
- 8 Phony 'Bargains' and Better Alternatives
- Danger: 3 Debit Card Scams to Avoid
- 6 Myths About Gas Mileage
- 29 Fees We Hate Most
- Quick and Easy Ways to Boost Returns
- Best Stocks to Buy Now
- Lower Your Taxes: 10 Moves to Make Now
- New Jobs: 8 Lessons from Real-Life Career Switchers
- The New Job Market: Who Wins and Who Loses?
- Health Care Reform's Public Option: Everything You Need to Know
- Volunteer Work When Unemployed: Should You Work for Free?
- Whose Recovery Is This?
- Long-Term-Care Insurance: 4 Biggest Risks to Avoid
Most Recent Reference Articles
- A Maryland state trooper gave Erik Bonstrom an $80 ticket for driving too slowly
- In California, postal worker Dean Hudson has been found guilty
- Alec Loorz, the 15-year-old founder of Kids vs. Global Warming and recent Brower Youth Award recipient, went to Congress in November for a press conference with Senators Barbara Boxer and John Kerry, who are championing legislation to stabilize US greenho
- ARAB EUROPEAN RELATIONS - Dec 22 - Russia Denies Selling Missile System To Iran
- EGYPT - Dec 29 - Opposition Says Mubarak Blessed Israeli Attacks
Most Recent Reference Publications
Most Popular Reference Articles
- Credit card debt on college campuses: causes, consequences, and solutions
- 9 questions to ask your new lover: what you were afraid to ask, but always wanted to know
- How Tyler Perry rose from homelessness to a $5 million mansion
- Rejoice anyway - Zephaniah 3:14-20, Philippians 4:4-7 - Living by the Word - Column
- Living by the word
Presented by American Express