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Report: Jones Group attempting deals with Sycamore Group, GIII
New York – The Jones Group is reportedly approaching deals to sell its business to Sycamore Group and GIII Apparel Group.
Sycamore Group is an Indianapolis-based real estate firm and GIII is a New York-based apparel licensor and manufacturer. Women’s Wear Daily reports sources indicate Jones Group is close to reaching agreements with both companies. -
Changing of the guard at Hibbett Sports
Hibbett Sports has put its succession plan into motion. Effective Feb. 2, 2014, Mickey Newsome will go from executive chairman of the board and CEO to non-executive chairman. Additionally, president and CEO Jeff Rosenthal has been appointed to the board, bringing the total number of members 10.