Since these lawsuits and investigations could raise investors' concerns about the stock's near-term prospects, its share price could tank further. Moreover, Scott+Scott Attorneys at Law LLP has commenced an investigation of SQBG concerning potential fiduciary duty breaches by certain directors and officers of the company. and changed its name to Sequential Brands Group, Inc. have also filed a class action lawsuit against the company on behalf of its investors. Old Sequential was incorporated under the laws of the State of Delaware in 1982 as Peoples Liberation, Inc. Bronstein, Gewirtz & Grossman, LLC and Bragar Eagel & Squire, P.C. In May, the Schall Law Firm and Gainey McKenna & Egleston filed a class action lawsuit against SQBG on behalf of its shareholders for violations of federal securities law. It plans to use the proceeds to repay creditors, such as KKR & Co., and avoid a cash crunch. In fact, SQBC plans to sell off its majority stake in the Jessica Simpson fashion brand back to the singer as a part of a potential Chapter 11 bankruptcy filing. The company plans to use the net proceeds from the sale to pay down its debt. Other owned brands include Jessica Simpson, Caribbean Joe, Linen n’ Things, The Franklin Mint, William Rast,Joe’s Jeans, Martha Stewart Living Omnimedia and Ellen Tracy.In April, SQBG closed the sale of its Heelys brand for $11 million in cash to BBC International. equities were mixed at the close on Wednesday, as gains in the. It recently closed on the acquisition of the Gaiam yoga brand. shares mixed at close of trade Dow Jones Industrial Average down 0.14 U.S. Sequential Brands’ active brands include Heelys, Avia, And1, Revo and Nevados. He graduated from University of Pennsylvania’s Wharton School of Business and magna cum laude from Duke University. Prior to that, Cooper held the role of Senior Vice President at where he launched the Vacation Packages business unit and drove implementation of private label and brand licensing programs with major travel companies. Sequential Brands Groups headquarters are located at 601 W 26th St Fl 9, New York City, New York, 10001, United States What is Sequential Brands Groups phone. ![]() Most recently, Cooper served as a Partner of Pegasus Capital Advisors and CEO of Universal Lubricants, a Pegasus Capital portfolio company. Get 50 Off Your First Month TSX, TSXV or CSE Exchanges. As we work towards achieving our future growth goals, it’s exciting to know that our team has expanded in parallel, putting us in the perfect position to deliver results.”Ĭooper has over 20 years of business development, operating, and private equity investing experience at high growth companies across multiple sectors. newswire/canopy-growth-and-sequential-brands-group-announce channel Turn off ads with a Pro subscription Advertise on CEO.CA. In a short time, our team has successfully built a portfolio of brands that represented less than $100 million in global retail sales a few years ago to a portfolio that currently generates $4 billion in global retail sales. Sequential CEO Yehuda Shmidman added, “The expansion of our corporate management team reflects the overall expansion of our business, and our desire to continue executing our growth plan. ![]() Andrew’s expertise in helping companies achieve operational excellence and maximize productivity will both strengthen our infrastructure and help to drive our long-term goals for the business,” stated William Sweedler, Chairman of Sequential and Co-Founder of Tengram Capital Partners, L.P. Open doors with marketers, their agencies. “We are pleased to welcome Andrew Cooper to the management team at Sequential. Marketing Contacts, Executives, Media Spend, Marketing Technologies and Brands. appointed Andrew Cooper as president reporting directly to CEO Yehuda Shmidman. Sequential Brands Group - email id & phone of top management contacts like Founder, CEO, CFO, CMO, CTO, Marketing or HR or Finance head & all company.
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