-
Mavericks CEO jumps to Under Armour
Baltimore – An executive from the sports world is moving into the retail arena.
Terdema L. Ussery II has joined Under Armour Inc. as president, global sports categories, effective Sept. 14, 2015. Ussery previously served as the president and CEO of the Dallas Mavericks NBA team for the past 18 years.
In his new position, Ussery will be responsible for spearheading category management across all key brand and business units around the world to drive authenticity and connectivity with consumers.
-
New life for C. Wonder
New York — C. Wonder, which shuttered all its stores and filed Chapter 11 early this year, is getting a second chance—sort of.
Xcel Brands has entered into a definitive agreement to acquire the C. Wonder brand from Burch Acquisition LLC. The deal gives Xcel the rights to thr C. Wonder trademarks, related designs and other intellectual property rights.
The closing of the acquisition is subject to board approval

