As we previously reported, Dwindle Distribution has been facing internal challenges since the dismissal of Bill Weis and is witnessing a cascading impact on its subsidiary brands.
Bravo Sports' acquisition of Madness Skateboards triggered a series of setbacks, leading to the closure of Enjoi Skateboards and the unexpected demise of the iconic Almost Skateboards.
Amidst the ongoing issues, Steve Lake, co-founder of Sector 9, revealed that the founders successfully reacquired their brand from the corporate giant.
Lake expressed his joy, stating, "I am incredibly happy to share with everyone that the original founders of Sector 9 have just reacquired our brand and I will once again have the honor of being the President at Sector 9 skateboards! Cheers to new beginnings..."
This means that Bravo, Dwindle, and their corporate investor Transcom Capital Group grapple with the challenges of keeping the brands under their umbrella, which means that the prospect of SideWalk Distribution, led by Bill Weiss, Louie Barletta, Steve Douglas, and Bod Boyle, has a possibility of potentially reclaiming what was originally theirs looms on the horizon.