Pinnacle Brands went out of business in September 1998.
The End of Pinnacle Brands
Pinnacle Brands, a well-known name in the sports collectible industry, ceased its operations in September 1998. The primary reason for its closure was attributed to low profits.
After the Closure: A New Chapter for its Brands
Following the cessation of its business, Pinnacle Brands' valuable assets, including its distinctive brand names and trademarks, were acquired by another company in the sports collectible market.
- Acquisition: The brand names and trademarks of Pinnacle Brands were sold to Playoff, Inc.
- Merger and Renaming: After this acquisition, Playoff subsequently became known as "Donruss Playoff," integrating the acquired intellectual property into its existing business.
This transition marked the official end of Pinnacle Brands as an independent entity, but its legacy continued through the brands it had established, which lived on under new ownership.
Key Timeline of Pinnacle Brands' Closure
To provide a clearer overview of the events surrounding Pinnacle Brands' discontinuation:
| Event | Date | Details |
|---|---|---|
| Cessation of Operations | September 1998 | Pinnacle Brands went out of business due to cited low profits. |
| Asset Sale | Post-September 1998 | Brand names and trademarks were sold to Playoff, Inc. |
| New Entity Formed | Subsequent | Playoff, Inc. integrated the brands and became "Donruss Playoff". |
This timeline illustrates the direct impact of the company's closure and the subsequent fate of its intellectual property within the industry.
