May 23, 2013 5:13 AM ET

Distributors

Company Overview of Goldbug, Inc.

Company Overview

Goldbug, Inc. distributes infant and children’s accessories. The company provides baby shoes, sandals, slippers, socks, tights, swimwear, sunglasses, and underwear; and travel gear and accessories. It offers products through retail stores in the United States. The company was founded in 1968 and is based in Aurora, Colorado.

18245 East 40th Avenue

Aurora, CO 80011

United States

Founded in 1968

Phone:

303-371-2535

Fax:

303-373-7743

www.goldbug1.com

Key Executives for Goldbug, Inc.

Co-President
Co-President
Compensation as of Fiscal Year 2012.

Goldbug, Inc. Key Developments

Parents Sue Against Target Corporation as Well as Goldbug Inc. and Gold Inc. After Newborn Suffocates in Baby Sling

A couple filed a wrongful death lawsuit on Nov. 11, 2011, saying their newborn baby suffocated while being carried in an Eddie Bauer sling product. George G. Gentzell II was carrying his newborn daughter in an Eddie Bauer Sling & Hip Carrier on Nov. 15, 2009, while out with his family, according to the suit filed in Cook County Court by Gentzell and Katrena L. Gentzel, the girl's mother. The sling caused the infant to suffer positional asphyxia that led to her death on Nov. 19, 2009, the suit claims. The suit claims the sling caused her body to curl forward and forced her chin to her chest, which causes asphyxia. The material of the sling had the potential to enclose an infant and obstruct her mouth and nose, causing a high risk of suffocation, according to the suit. The suit also claims the sling does not have a safety mechanism to prevent suffocation. The sling's design allegedly prevents the person wearing it from noticing that an infant is suffocating. The 45-count suit claims strict liability and negligence against the Target Corporation, where the product was purchased as well as Goldbug Inc. and Gold Inc., the manufacturers of the Eddie Bauer Sling & Hip Carrier.

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Recent Private Companies Transactions

Type
Date
Target
Private Placement
January 16, 2013
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