BusinessWorld
May 17, 2021 | 6:14 pm
ILIGAN Archangels homegrown players
TEAMS from Pagadian and Iligan are girding for their respective campaigns in the soon-to-start Mindanao leg of regional basketball league VisMin Super Cup.
Pagadian, which will parade a team known as the Explorers, will make its return to regional basketball competition after a decade while Iligan pins its tournament bid on homegrown talents collectively known as the Archangels.
The Explorers were one-time finalists in the National Basketball Conference before competing in Liga Pilipinas during the late 2000s.
They are seeking to have the same success now in the VisMin Cup in reviving the team.
After closing stores nationwide in September 2020, retail chain Century 21 Department Stores LLC announced that it will be reopening.
Since Al Gindi and his cousin Samuel “Sonny” Gindi founded the company in 1961, Century 21 has remained an iconic fashion store with 13 locations in the United States until 2020. Over the course of its 60-year run, it became known for its “top-quality discount merchandise.”
The company was forced to close up shop due to financial reasons caused by the coronavirus pandemic. Century 21’s insurance providers did not pay the approximately $175 million needed to keep the company in operation.
The insurers argued that Century 21 did not qualify for business interruption insurance, as certain “policies have specific exclusions including pandemics, bacteria, and viruses,” according to Forbes.