Bluestem Brands, Owner Of Warren’s Blair, Files For Bankruptcy

first_imgWARREN – Bluestem Brands, the owner of a Warren based apparel manufacturing company, announced Monday it has filed for Chapter 11 bankruptcy.The corporate group owns Warren Pennsylvania’s Blair Corporation, a men’s and women’s apparel factory and store.Bluestem’s bankruptcy petition calls for 125 million in financing from an unnamed outside bidder who plans to buy and restructure the company.“We are using Chapter 11 to maximize the value of our business and have entered into a stalking horse purchase agreement with a syndicate of term-loan lenders, which provides us a clear path to strengthen our business for continued success,” said Brice Cazenave, Bluestem’s CEO in a statement. “We will emerge from Chapter 11 as a stronger company, with a clear brand focus and the opportunity to realize the full potential of the company.” According to the press release, the company does not expect call or distribution center operations to be interrupted throughout the process.Chapter 11 bankruptcy is a reorganization plan frequently used by large companies, allowing them to stay active while repaying creditors.Bluestem Brands is headquartered in Eden Prairie, Minnesota. The company also owns Fingerhut.com and several other brands. Share:Click to share on Facebook (Opens in new window)Click to share on Twitter (Opens in new window)Click to email this to a friend (Opens in new window)last_img read more

Local Special Olympics Athlete Departs for Training Camp in Killington, VT

first_imgAurora, IN – Special Olympics Indiana – Ripley Ohio Dearborn Counties’ athlete, Chris Perdue, will depart Sunday, December 11th from the Indianapolis International Airport for Killington, Vermont. The 17-year-old, South Ripley High School student, will join the Special Olympics national team for a week of training. The athletes will train with their Special Olympics USA coaches and bond with teammates from across the country before traveling to Austria together for the 2017 Special Olympics World Winter Games next March.Special Olympics USA is comprised of 150 athletes, 40 coaches and approximately 20 delegation members who support team operations, for a total delegation of 210.Perdue will compete in the sport of snowboarding at the 2017 World Winter Games in Austria. He has a history of success snowboarding at the State-level and has been training for his trip with the USA Team with his local coaches. Perdue got his start competing in snowboarding at Special Olympics Indiana’s Winter Games – taking place annually at Perfect North Slopes in January. During this year’s competition, Perdue took home two gold medals competing in the intermediate and advanced snowboarding events.The USA Team also includes Special Olympics Unified Sports teams, where people with and without intellectual disabilities compete together, as teammates. Team members will compete in seven sports: alpine skiing, cross-country skiing, figure skating, floor hockey, snowboarding, snowshoeing and speed skating.The skiers, snowboarders and snowshoers will practice at Killington Resort, while all of the speed skaters and figure skaters will head to Spartan Arena in Rutland. Floor hockey will train at Castleton University.While the second-ever Special Olympics International Winter Games were held at Smuggler’s Notch in Vermont in 1981, this is the first time the Special Olympics USA training camp has been held in the Vermont.Upon his return from training camp, Perdue will continue to train at Perfect North Slopes with his local snowboarding coaches, Jimmy Laub and Justin Uhlman and his strength building coach, Tim Paul, at the Tyson Community Gym in Versailles.Less Than 100 Days ’til AustriaEvery two years, the world transcends the boundaries of geography, nationality, political philosophy, gender, age, culture and religion to come together for the Special Olympics World Games. Alternating between summer and winter Games, this event is the flagship event of the Special Olympics movement, which promotes equality, tolerance and acceptance around the world.On December 3rd, Special Olympics celebrated being 100 days out from the World Winter Games 2017. In just over three months, the USA delegation will travel overseas to join 3,000 athletes from 110 nations competing in nine Olympic-type sports.The Games will be spread throughout Austria in Graz, Ramsau and Schladming, from March 14-25, 2017.ESPN to Champion World GamesSpecial Olympics is very excited to announce that the ESPN and ABC networks will deliver coverage of the Special Olympics World Winter Games 2017 for the first time ever.ESPN’s global television networks and digital media will bring extensive coverage to sports fans and supporters of the Special Olympics movement around the world. ESPN’s coverage, from March 18-25, marks the first-ever global coverage for a World Winter Games event.As an official broadcaster of the Special Olympics World Winter Games, ESPN’s television coverage will be carried across its networks in the U.S. as well as streamed through WatchESPN and the ESPN App.ABOUT SPECIAL OLYMPICSSpecial Olympics is an international organization that changes lives by promoting understanding, acceptance and inclusion between people with and without intellectual disabilities. Through year-round athletic training and competition in 26 Olympic-type sports for more than 2.25 million children and adults with intellectual disabilities in more than 150 countries, Special Olympics has created a model community that celebrates people’s diverse gifts. Founded in 1968 by Eunice Kennedy Shriver, Special Olympics provides people with intellectual disabilities continuing opportunities to realize their potential, develop physical fitness, demonstrate courage and experience joy and friendship. There is no cost to participate in Special Olympics. Visit Special Olympics at www.specialolympics.org.ABOUT SPECIAL OLYMPICS INDIANASpecial Olympics Indiana provides year-round sports training and athletic competition in over 21 Olympic-type sports for children and adults with intellectual disabilities, reaching over 11,000 athletes across Indiana. The organization receives no federal or state appropriated funds, is not a United Way agency and relies entirely on corporate, civic and individual donations. For more information about Special Olympics Indiana, call (317) 328-2000 or visit www.soindiana.org.Courtesy of Special Olympics Indiana Ripley Ohio Dearborn Program Coordinator Greg Townsend.last_img read more

Kumble urges India to move on from Pune debacle

first_img(REUTERS) – India coach Anil Kumble urged his team to move on from the debacle in the opening Test against Australia as the hosts seek a series-levelling victory in the second match starting tomorrow.On a raging turner in Pune, Australia triumphed by 333 runs inside three days, snapping India’s 19-Test unbeaten run stretching back to their tour to Sri Lanka in 2015.While Virat Kohli’s men won in Sri Lanka and West Indies, they also vanquished South Africa, New Zealand, England and Bangladesh for six straight series victories.“You can’t keep winning every game. It has to come to an end at some point of time,” Kumble, 46, told reporters yesterday.“Twenty games in current scenario of Test cricket, it’s quite challenging for an international side to keep going out there and winning. That’s what this team has been able to do across conditions.“We have adapted to various conditions and various situations and that’s what we didn’t do in the last game. That’s why the result didn’t go our way.”The former spinner, also India’s highest wicket-taker in Tests, said Pune was just a blip in an otherwise bumper home season.“I don’t want to look back. We are here to look ahead. As a coach it’s more important for me to look ahead,” said Kumble, who took over the coaching reins last year.“It was one of those games where things didn’t go our way and we just need to move on. Another three Test matches in the series and we are really looking forward to that.“We have had a fantastic home season and it’s just one of those games where things didn’t go our way.”Kumble said Australia were a quality opposition but India did not play to their potential.Asked about the nature of pitch to be used for the second Test, the Bengaluru native said: “It’s generally been a good batting surface and I’m sure it’s going to be a result wicket.“That’s exactly what we want in a Test match.”last_img read more

Chargers make iconic powder blues their primary home jerseys for 2019

first_imgThe Chargers will be changing up their home uniform for the 2019 season by wearing their iconic powder blue jerseys that previously served as an alternate uniform, the team announced Tuesday.“The sweetest uniform in the NFL,” wide receiver Keenan Allen said, per the team’s website. “Those powder blues, they special. That 13 — Allen on the back — looks sweet.” you’re welcome. pic.twitter.com/CSLCALd289— Los Angeles Chargers (@Chargers) April 16, 2019The Chargers have worn different variations of the powder blues dating to their inaugural 1960 season in Los Angeles. They used the color scheme until 1974 in San Diego but then brought it back 20 years later as alternate jerseys. “All the guys I grew up watching, it was always the powder blues I think of with them. Phil. LT.  Gates,” Allen said, referring to franchise mainstays Philip Rivers, LaDainian Tomlinson and Antonio Gates. “That’s what I’d think of when I thought of the Chargers.”Linebacker Denzel Perryman added: “That powder blue just brings out something different. It’s my favorite jersey, and that’s what we hear (on the field) whenever we wear them. It just pops. You can’t help but feel good when you wear them.” powder blue jersey.gold facemask.our primary. #BoltUp pic.twitter.com/Y7LP8YloWG— Los Angeles Chargers (@Chargers) April 16, 2019The Charges also announced that the players’ helmets will include gold facemasks to go with their powder blue, white and royal blue jerseys. Over the past three seasons, the Chargers wore the gold facemask — acknowledged as the first color facemask in NFL history, introduced in 1974 — whenever the team wore its color rush uniforms.“It’s (what you think of when you think of) the Chargers,” cornerback Casey Hayward said. “I remember watching LT and all those guys wearing that color. It just brings back a lot of memories. I’m glad we’re wearing them a lot more this year … and of course I look kind of sweet in it!”It should be noted the Chargers have gone 4-0 in the iconic powder blue jerseys under coach Anthony Lynn.last_img read more