October 05, 2018
Brian Bowen Sr., the father of basketball phenom Brian “Tugs” Bowen II, detailed the payments he received for his son’s services through high school, AAU teams and ultimately Louisville, testifying yesterday at the Hoopgate trial.
Wells Fargo Bank is providing a $40 million revolving line of credit to the company at 150 basis points over LIBOR, which includes $10 million for letters of credit and expires on Aug. 31, 2019.
The licensed apparel juggernaut hired four industry veterans to support its rapid international expansion that was kicked off with the $1 billion Softbank investment last year.
Eagle Nice said it had an MOU to acquire Excel Skill International Ltd. through its BVI-based Jespar Age Ltd. subsidiary with the goal of expanding its manufacturing capacity.