Latest news with #Verbal
Yahoo
6 days ago
- General
- Yahoo
Two nabbed in drug bust near Carthage
A man and a woman were recently charged following a drug bust at a residence northeast of Carthage. On Saturday, May 30, Moore County sheriff's deputies conducted a search at 105 Barbers Park Drive. During the search, investigators seized quantities of fentanyl, methamphetamine, marijuana, THC oil, Suboxone, drug paraphernalia, four firearms and over $1,000 in cash, a release states. Christopher Kant Verbal, 28, was charged with trafficking in opium or heroin and 11 other drug-related charges, along with misdemeanor child abuse and contributing to the delinquency of a juvenile. He was held without bond and has a June 12 court date. Verbal has 18 pending drug-related charges in Moore County stemming from Oct. 8, 2023 when he listed a residence of 106 Forest Circle in Aberdeen. In that case, he posted a $500,000 bond on Oct. 13, 2023. One typically pays around 10% of the bond amount to be released. Verbal also has two pending misdemeanor charges in Moore County stemming from March 7, 2024 for drug possession and carrying a concealed gun. He pleaded guilty to misdemeanor drug possession in Moore County stemming from April 4, 2022 and was fined $196. Dasani Avione Collins, 22, was charged with possession of methamphetamine and nine other drug-related charges, along with misdemeanor child abuse and contributing to the delinquency of a juvenile. She was held on a $125,000 secured bond and is scheduled to appear in Moore County District Court on June 12. Collins was charged with threat of mass violence, a felony, in Moore County stemming from Feb. 22, 2019. She was issued a $10,000 secured bond on Feb. 28, 2019 following her arrest the previous day. She apparently posted the bond, although no information reflecting that was evident in eCourts. The charge was dismissed on Jan. 9, 2020 because 'doesn't meet the statutes.' At that time, Collins listed an address at 134 Birch Drive in Vass.
Yahoo
11-04-2025
- Business
- Yahoo
Ambush Founders Buy Back Majority Stake From New Guards Group
PARIS – Ambush is the latest brand to jump ship from troubled New Guards Group. Founders Yoon Ahn and Verbal have reacquired full ownership of the company, which joined New Guards Group's roster in 2020, when it bought a majority stake in the Tokyo-based brand. More from WWD Off-White Closes Mercer Street Store, Plans to Open New SoHo Store in September EXCLUSIVE: Farfetch Reboots Under Coupang, With a Focus on Customers and the Marketplace Modes Enters Business Restructuring Mode, CEO Exits Role In a statement, they said the transaction closed Friday, without providing additional details. This follows Bluestar Alliance's acquisitions of Off-White and Palm Angels, and last month's announcement that Alanui cofounders Carlotta and Nicolò Oddi had also bought back the stake held by New Guards Group, or NGG, in their high-end knitwear brand. 'Regaining full ownership enables us to fully express the core values and original vision upon which Ambush was built,' Ahn said. 'Now we are energized by this new chapter and the boundless potential ahead.' The brand owners want to steer it with complete creative autonomy and strategic flexibility, they said. They plan to further expand its presence, amplify its digital and technological initiatives, and initiate collaborations across fashion, music and culture. 'Taking back ownership is an important milestone that restores our freedom to pursue innovation and deepen our community connections globally,' said Verbal. A division of Farfetch, NGG is still home to brands including Marcelo Burlon County of Milan, Unravel Project, Heron Preston and Peggy Gou. Farfetch acquired NGG for $675 million in 2019. South Korean e-commerce giant Coupang took control of Farfetch at a knockdown price of $500 million at the end of 2023. As reported, in November, two weeks after losing the license to distribute Reebok footwear and apparel in Europe, NGG filed for Chapter 11-style proceedings in Italy, undergoing a restructuring and debt management process under Italian bankruptcy law. The filing is known in Italy as a CNC, and offers struggling companies the time and space to restructure and chart a path forward. It is not an insolvency procedure. Best of WWD Harvey Nichols Sees Sales Dip, Losses Widen in Year Marred by Closures Nike Logs $1.3 Billion Profit, But Supply Chain Issues Persist Zegna Shares Start Trading on New York Stock Exchange
