NWSL, Nike Sign Long-Term Agreement
The National Women’s Soccer League and Nike signed a long-term agreement that extends a partnership that began with the league’s formation in 2012.
Unifi Reaches Key Sustainability Milestone Ahead Of Schedule
Unifi Inc. said it reached its goal of transforming more than 30 billion post-consumer plastic bottles into its Repreve recycled performance fibers.
Macy’s Announces Plans To Launch Curated Digital Marketplace
Macy’s Inc. announced plans to launch a curated digital marketplace. The new marketplace will significantly expand the company’s assortment in existing categories and brands and introduce a range of new categories, by enabling carefully selected third-party merchants to sell their products on macys.com and bloomingdales.com.
Sentinel Capital Partners Teams With RefrigiWear
Sentinel Capital Partners announced a new partnership with RefrigiWear, a provider of industrial workwear for subzero environments.
Candy Digital Hires Chief Marketing Officer
Candy Digital, Fanetics’ nonfungible token (NFT) company, has hired former Instagram executive, Andre Llewellyn, as chief marketing officer.
CVC, HPS To Buy Stake In Authentic Brands At $12.7BN Valuation
Authentic Brands Group (ABG) is shelving its planned initial public offering and instead plans to sell significant equity stakes in its business to private equity firm CVC Capital, hedge fund HPS Investment Partners and a pool of existing stakeholders. The transaction values the company at $12.7 billion in enterprise value.
Cotopaxi To Open Stores In Denver And San Francisco
Cotopaxi announced plans to open two new brick-and-mortar retail stores. The new locations in Denver and San Francisco will add to Cotopaxi’s current roster of five store locations.
Pro Image Sports Opens In Syracuse
Pro Image Sports, the largest franchiser of licensed sports merchandise, opened a 4,000 square-foot store at Destiny USA in Syracuse.
Bass Pro-Parent Partners With Toyota Motor Credit
Great American Outdoors LLC, the parent company of Bass Pro Shops, Cabela’s and the White River Marine Group has reached an agreement to expand Toyota Motor Credit Corporation’s (TMCC) relationship with Bass Pro Shops and Cabela’s to include offering financial services for the company’s boats, all-terrain vehicle products and other mobility products.
Tennis Warehouse Becomes Official Footwear, Apparel Supplier To USPTA
USPTA announced a multi-year endorsement with Tennis Warehouse as the “Official Footwear and Apparel Supplier” of the USPTA starting December 1, 2021.
Oprah Winfrey, Reese Witherspoon Invest In Spanx
Oprah Winfrey, Reese Witherspoon and Bumble Inc. founder Whitney Wolfe Herd have joined funds manager Blackstone in investing in Spanx, Inc. The investment values the women’s shapewear brand at $1.2 billion.
Tilly’s Declares Special Dividend
Tilly’s Inc. announced that its Board of Directors has declared a special cash dividend of $1.00 per share, or approximately $31 million in the aggregate, on the company’s outstanding Class A and Class B common stock.
Nike Partners With Roblox On Virtual World
Nike announced a partnership with Roblox to create a virtual world called NIKELAND. Users will be able to dress up their avatars in Nike-branded footwear and apparel.
The Buckle’s Q3 Earnings Climb 49.5 Percent
The Buckle Inc. announced that net income for the fiscal quarter ended October 30, 2021 was $62.2 million, or $1.26 per share on a diluted basis, compared with net income of $41.6 million, or 85 cents, for the third quarter of fiscal 2020.
Athleta Opens Second Canadian Store In Toronto
Athleta, part of San Francisco-based Gap Inc., opened a new 4,800-square-foot retail store at Yorkdale Shopping Centre in Toronto.
