July 17, 2019
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.
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.
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.
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.