July 19, 2017
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.
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.
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.
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.
The 19-year Eager Beaverton replaces David Ayre, who is retiring after holding the position for more than 10 years.
The multi-year deal covers the men’s and women’s volleyball and beach volleyball teams, including junior and Paralympic teams.