Inability to raise additional venture capital has forced Fandom to sell off assets one piece at a time. Within about 120 days, the company was sold to a venture-backed firm, then repurchased by the founders. Company developed affiliations with 26 public television stations.
Pads are also among most commonly ordered replacement items.
No layoffs are planned by San Jose company after acquisition of Sherman Oaks e-commerce provider with coveted client list. A 12-year relationship takes a turn in court as contractor countersues for cost overruns. New club openings eat up revenue, but expansion plans are still on track. Directors resign, and e-tailer sets schedule for putting its toys away. Vans inks NBC deal in extreme sports series, while Skechers gains a foothold in Europe.