July 17, 2019 Ellett Brothers’ Creditors Smell a Liquidation
The unsecured creditors committee of parent SportCo Holdings has asked the bankruptcy court judge to stop the debtor from selling off so much product that it could prevent a going concern sale if the inventory falls too low. Nike Settles Racial Discrimination Suit
On the eve of a jury trial for a racial discrimination suit, the Eager Beavertons reached a settlement agreement with Terry Hill, an African American who claimed that he was passed over for promotions because of his race and that a monkey and penny had been left on his desk. Puma Reported to be Close to €300 Million Borussia Dortmund Deal
The 10-year deal would begin in 2020 and replace a current deal with the Big Cat that pays the club some €10 million ($11.2 mm) annually. Nautilus Taps FIG as New Bowflex Agency
A week after naming Jim Barr CEO, NLS has laid down another critical building block for reinvigorating the struggling Bowflex brand, choosing FIG as its new creative agency. Etcetera: PrAna, Hibbett, Lululemon
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