Star Athletica, LLC v. Varsity Brands, Inc.

Designer Brands Launches First-Ever Le TIGRE Brand Footwear Line

Retrieved on: 
Monday, August 14, 2023

COLUMBUS, Ohio, Aug. 14, 2023 /PRNewswire/ -- Designer Brands Inc., one of the world's largest designers, producers, and retailers of footwear and accessories, announced today the launch of the first-ever footwear line by Le TIGRE, an iconic New York City sportswear brand and disrupter of classic casual American style since 1977. Designer Brands is flexing its power as a brand-building engine with a bold foray into the athleisure footwear category.

Key Points: 
  • "The process of envisioning, defining, and bringing the essence of Le TIGRE to life in footwear has been an exciting journey.
  • "Launching the new Le TIGRE footwear collection strengthens our Owned Brands portfolio and aligns with our goal of doubling sales of Owned Brands by 2026.
  • "This is a monumental occasion for Le TIGRE as we embark on a footwear journey with industry leader, Designer Brands," said Ike Franco, Chief Executive Officer of Le TIGRE.
  • Designer Brands holds a one third interest of the Le TIGRE brand and will exclusively design and produce Le TIGRE footwear to be sold primarily through DSW and The Shoe Company direct-to-consumer stores and .com channels, in addition to select wholesale accounts and through letigreglobal.com.

Dover Board Elects Danita K. Ostling as New Independent Director

Retrieved on: 
Thursday, August 3, 2023

DOWNERS GROVE, Ill., Aug. 3, 2023 /PRNewswire/ -- Dover (NYSE: DOV) today announced that its Board of Directors has elected Danita K. Ostling as a new independent director effective immediately.

Key Points: 
  • DOWNERS GROVE, Ill., Aug. 3, 2023 /PRNewswire/ -- Dover (NYSE: DOV) today announced that its Board of Directors has elected Danita K. Ostling as a new independent director effective immediately.
  • Ms. Ostling's appointment increases the size of the Board to 10 directors, 9 of whom are independent directors.
  • Richard J. Tobin, Dover's President and Chief Executive Officer said, "We are pleased to welcome Danita Ostling to the Dover Board.
  • Her extensive experience working with large global organizations on accounting, auditing and regulatory matters will serve the Board and our management team well.

Designer Brands Joins Pensole Lewis College of Business & Design for Ribbon-Cutting of JEMS by PENSOLE, One of the First Black-Owned U.S. Footwear Factories

Retrieved on: 
Monday, March 20, 2023

SOMERSWORTH, N.H., March 20, 2023 /PRNewswire/ -- Designer Brands Inc. (NYSE: DBI) (the "Company" and "Designer Brands"), one of the world's largest designers, producers and retailers of footwear and accessories, today unveiled the newest milestone achieved together with Pensole Lewis College of Business & Design (PLC) – the ribbon-cutting of JEMS by PENSOLE, located in Somersworth, New Hampshire, as one of the first Black-owned footwear factories in the United States.

Key Points: 
  • Dr. D'Wayne Edwards , legendary footwear designer and President of PLC, will serve as the first designer to create a collection of shoes to be released by the factory.
  • "JEMS by PENSOLE's opening marks a major achievement in improving representation by people of color in the footwear and design industries," said Bill Jordan, President of Designer Brands.
  • When we work to advance diversity in the world of fashion brands, our business succeeds and everyone wins."
  • Our partnership with Designer Brands and DSW makes all this possible and celebrates Black business innovators in important and meaningful ways."

$15 million gift to create the Wendy Novak Diabetes Institute

Retrieved on: 
Tuesday, October 4, 2022

LOUISVILLE, Ky., Oct. 4, 2022 /PRNewswire/ -- Norton Children's Hospital, Norton Healthcare and the Lift a Life Novak Family Foundation today announced the creation of the Wendy Novak Diabetes Institute. A $15 million gift from the Lift a Life Novak Family Foundation is the starting point of a $60 million vision to expand diabetes care for children and adults.

Key Points: 
  • LOUISVILLE, Ky., Oct. 4, 2022 /PRNewswire/ -- Norton Children's Hospital , Norton Healthcare and the Lift a Life Novak Family Foundation today announced the creation of the Wendy Novak Diabetes Institute .
  • A $15 million gift from the Lift a Life Novak Family Foundation is the starting point of a $60 million vision to expand diabetes care for children and adults.
  • $15 million gift launches diabetes institute in Louisville.
  • The goal of the Wendy Novak Diabetes Institute is to become a national center of excellence by elevating diabetes care services across the region while helping children and adults with diabetes manage their conditions.