PhotoMedex, Ya-Man terminate distribution agreement

PhotoMedex (PHMD) terminates its Japanese market exclusive distribution agreement with Ya-Man.

The issues: "Disputed marketing expenses" of ~$1M and "the failure of Ya-Man to meet minimum purchase obligations." (8-K)

For reference, see: Inventory reduction at Japanese distributor hits PHMD

From other sites
Comments (0)
Be the first to comment
DJIA (DIA) S&P 500 (SPY)
ETF Screener: Search and filter by asset class, strategy, theme, performance, yield, and much more
ETF Performance: View ETF performance across key asset classes and investing themes
ETF Investing Guide: Learn how to build and manage a well-diversified, low cost ETF portfolio
ETF Selector: An explanation of how to select and use ETFs