Actually, it’s just the notification in your administration dashboard which is saying the theme includes some outdated WooCommerce templates. And, it doesn’t give any bad effect to your site & its functions. So, you can work normally with the current version of our theme.
About the updating, we need to check plugin’s latest version first, to be sure it will not bring any issues to your site. Because, sometimes, the plugin’s developer made a mistake and they need to release a fixing version. So, we will check and update theme soon.