Le Coq Sportif, the iconic European sportswear line, announced that it was closing its North American offices and exiting from U.S. markets.

The Sharper Image, the go-to store for massage chairs and shower radios, got approval from bankrupty courts to sell its assets for $51.25 mill today. That's a lot of Ionic Breeze air purifiers.

GE announced today that it may sell its iconic appliances business. While they're not toast yet, sources say that the appliances division is bleeding cash and that a sale or deal is imminent.