Tandy Brands posts Q4 net loss of $2.5M Aug 29, 2009
Fashion-accessory designer Tandy Brands Accessories posted a fourth-quarter loss this week as the company continued to feel some impact from what it calls a soft retail climate. Arlington-based (Nasdaq: TBAC) posted a fourth-quarter net loss of $2. (Dallas Business Journal, TX)
Arizona's Bashas' seeks Chapter 11 reorganization Jul 14, 2009
Phoenix Footwear Group, Inc. (NYSE Amex: PXG) announced today its wholly-owned subsidiary, Chambers Belt Company has closed the previously announced asset sale transaction with Tandy Brands Accessories, Inc. (Nasdaq: TBAC) relating to its accessories business. The transaction was completed pursuant to an Amended and Restated Asset Purchase Agreement dated July 7, 2009 which amended a previous agreement between the parties. (Fresno Bee -- Business)
Tandy Brands acquires Chambers Belt Co. Jul 11, 2009
Fashion accessories designer Tandy Brands Accessories said Friday it has completed the previously announced acquisition of for $40 million. In a story in the Dallas Business Journal in May, it was reported Tandy Brands would acquire the company from California-based (AMEX: PXG) to grow the company s market share. (Dallas Business Journal, TX)
Phoenix Footwear Reports First Quarter Results May 20, 2009
Also, as previously reported on April 23, 2009, Chambers Belt Company (Chambers), a wholly owned subsidiary of the Company, entered into an Asset Purchase Agreement with Tandy Brands Accessories, Inc. (Tandy). Subject to the terms and conditions of the Asset Purchase Agreement, at closing, Tandy will purchase Chambers' manufacturing equipment, certain inventory at cost, certain intellectual property and customer relationships, and provide for payment at closing of the inventory costs, an... (PR Newswire)