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On 29 July 2021, Spyder’s parent GBG USA commenced voluntary Chapter 11 proceedings and put its apparel and footwear brands up for sale with help from a $16 million bankruptcy loan. [ 3 ] On February 2, 2025, Liberated Brands, who licensed the Spyder brand, filed for Chapter 11 bankruptcy protection, listing assets and liabilities between ...
Stadium Goods was founded in 2015 by John McPheters and Jed Stiller, who shared the role of CEO. [4] [5] In August 2016, Stadium Goods entered the Chinese market through partnership with Alibaba's Tmall, a platform for businesses to sell brand name goods to consumers based in China. [6]
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LA Tech: In 1992 LA Gear began marketing "Light Gear" CrossRunner shoes with red LED lights in the heels, and once a wearer's heel hit the ground the lights would light up and continue to do so with every step. LA Gear went further in 1993 by introducing the Leap Gear line of performance basketball shoes, which would light up when the player ...
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GOAT implements a ship-to-verify model that uses machine learning and human review to verify the authenticity of the sneakers on its platform. [7] In 2019, the platform expanded into new markets and categories to offer luxury and streetwear apparel and accessories.
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