24 Mar 2015

air jordan 20 university blue white INVENTORY AND TRADEMARK LICENSES OF BEE

LICENSES OF BEEZIL DEZIGN WITH ANNUAL SALES IN EXCESS OF $9 MILLIONMIAMI, June 11 /PRNewswire/ air jordan 20 university blue white Sheffield Industries, Inc. (NASDAQ: HOSE), manufacturers and distributors of ladies’ sheer hosiery and other apparel products, announced today the acquisition of air jordan 3 iii retro black cat black dark charcoal black substantially all the equipment, certain inventory and license rights to air jordan 1 23501 levi denim pack the trademarks of Beezil Dezign, Inc., manufacturers of adult and children’s printed and embroidered sweatshirts and T shirts.Beezil Dezign, Inc., based in Williamston, Mich., is one of the largest manufacturers of printed and air jordan 6 vi retro infrared embroidered sweatshirts and T shirts in the United States, supplying 2,000 college bookstores and hotels and resorts plus the Walt Disney Co. Sales for the fiscal year ended May 31, 1992, were approximately $9 million.Sheffield purchased substantially all machinery and equipment employed in the creation and manufacture of Beezil sweatshirts and T shirts, together with inventory, for Air Jordan 13 a total cash consideration of $612,000.Sheffield has obtained a seven year license to use all trademarks owned by Beezil for a 5 percent royalty. Sheffield has the right to use the trademarks on shorts, sweatpants, athletic shoes and caps, jackets, coats and sweaters in addition to Beezil’s traditional products. In addition, Sheffield has an option to acquire the trademark, at any time during the seven year license period.Mitchell Hammer, president of Sheffield, said, “The Beezil transaction is consistent with our plan of acquiring new products for existing channels of distribution, as well as expanding distribution of existing products into new markets. We now supply air jordan 4 white cement 2012 volume discounters, mass merchants, department stores, specialty stores, college bookstores, and hotel and resort gift shops air jordan 9 ix original og black dark charcoal on a nationwide basis. With a broadening product line, the opportunities are great.”Sheffield intends, by early summer, to relocate Beezil’s operations to Sheffield’s air jordan fusion 5 white red black Miami plant. We expect to increase air jordan 13 retro white grey red Beezil’s sales substantially through the penetration of a broader range of customers. Woolworth, PharMor, Family Dollar, Payless Shoe Source, and Sears. Sheffield also manufactures and markets “Fruit of the Loom” pantyhose, knee highs, children’s tights and fashion oriented products in its air jordan 3 powder blue dark powder blue black wolf grey white “Chic” brand label program and distributes T shirts, sweatshirts and pants under licenses from major colleges and universities. Sheffield also manufactures and markets “LeRoi” children’s pantyhose and tights, socks and sleepwear.

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