July 19, 2017 Sports Atrocity Bankruptcy Judge moves to Enforce Consignment Settlement
A DE bankruptcy court ordered four vendors to pay term loan lender WSFS a total of $189,361.38 within five business days of a Jul. 18 order, stayed until an Aug. 22 hearing the amounts owed by five additional vendors and sanctioned eight additional vendors, ordering them to pay the amounts due as well as legal costs in connection with pursuing the bank’s claim. TomTom May Sell Sports Business
Revenue plunged 20% to €126.3 million ($145.4 million) from €157.2 million in the second quarter in TOM2’s Consumer segment, which includes its fitness watch and wearable products. Dick’s to Close Chelsea Collective
The women’s specialty concept, which was billed from the start as a lab for its women’s business, will close next month, according to the Pittsburgh Post Gazette. Acushnet Sues Imadebogey.com for Infringement
The case, filed in federal court of MA, alleges that Benjamin Russell DBA Imadebogey.com is infringing on its Titleist trademarks by selling products under the trademarks Titlost and Titties. Nike Names Monique Matheson as EVP, Global Human Resources
The 19-year Eager Beaverton replaces David Ayre, who is retiring after holding the position for more than 10 years. Adidas Partners With USA Volleyball
The multi-year deal covers the men’s and women’s volleyball and beach volleyball teams, including junior and Paralympic teams. Etcetera: Peak Sports, LCI Brands, Seattle Sports
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