Iconix Brand Group Inc. signs an exclusive direct-to-retail license agreement with Wal-Mart for its Ocean Pacific and OP brands for distribution of a broad range of apparel and accessories in the United States.
The Boston Beer Company Inc. signs a purchase and sale agreement with Diageo North America Inc. to acquire a brewery located 60 miles outside of Philadelphia for $55 million.
Nike Inc. announces that Ron McCray is joining the company as vice president and chief administrative officer, reporting to company President and CEO Mark Parker.