CIT: West Coast team featured in Fashion Manuscript.
FSG LAWYERS: Represented Loomworks Apparel (P.J. Salvage) on its acquisiton by Delta Galil.
Details on Industry Insight.
Skullcandy has acquired a gaming headphone company called Astro Gaming for $10.8 million and also updated its full results for 2010 in a new filing with the SEC.
Skullcandy is in the process of taking the company public.
Revenue: up 36% to $160.6 million
Net loss: $9.7 million vs. net income of $3.5 million in 2009
EBITDA: down 87% to $4 million
Adjusted EBITDA (excluding one time charges of $17.5 million): up 26% to $39 million.