Hipcamp, the resource for outdoor stays, announced it is joining forces with Youcamp, the Australian-based land-sharing community, under one domain.
Author: SGB Media
Peloton Introduces Health And Wellness Advisory Council
Peloton announced the formation of a Health and Wellness Advisory Council working closely with the brand to support the physical and mental well being of its members.
IDC Report: Hearables Propel Wearables Market In Q2
The market for wearable devices grew 14.1 percent during the second quarter of 2020, due to strong demand for hearables and continued interest in tracking health metrics, according to new data from the International Data Corporation (IDC) Worldwide Quarterly Wearable Device Tracker.
Timberland Elevates Sustainability Goals
Timberland announced a goal for its products to have a net positive impact on nature by 2030. The goal includes having all products designed for circularity and made from natural materials sourced from regenerative agriculture.
Lids Signs Its First NFL Player Endorsement
Lids has signed an endorsement deal with veteran Pro Bowl running back Melvin Gordon, who becomes the first NFL player to officially partner with the sports licensing retailer.
John Donahoe Sees COVID-19 Response Showcasing Nike’s Strengths
In his first shareholder letter since taking over as Nike’s CEO and president in January, John Donahoe wrote that COVID-19 “offered a stress-test” of its Consumer Direct Offense strategy while stating “Nike’s underlying strengths and resilience have become even more evident in this crisis.”
Wish Shopping Platform Files Confidentially To Go Public
Wish, the online marketplace, has confidentially filed paperwork to go public with the U.S. Securities and Exchange Commission (SEC).
Moody’s Assigns A2 Rating To Adidas’ New Senior Unsecured Notes
Moody’s Investors Service has assigned an A2 rating to the proposed senior unsecured notes issued by Adidas AG, consisting of €500 million notes due 2024 and €500 million notes due 2035. Adidas’ current A2 long-term issuer rating and Prime-1 (P-1) short-term issuer rating are unaffected by the issuance of these notes. The outlook on Adidas is unchanged at stable.
Toms COVID-19 Global Giving Fund Generates $2 Million
Toms, the company that designs and markets shoes as well as eyewear, coffee, apparel, and handbags, based in Los Angeles, CA, generated a total of $2 million in support of COVID-19 front line workers.
Cotopaxi Welcomes Newest Board Member
Cotopaxi, the manufacturer of outdoor products for the active lifestyle, has added industry veteran Wendy Yang to its board.
J.C. Penney Sale Talks Reach ‘Stalemate,’ Raising Threat Of Liquidation
J.C. Penney’s discussions with potential acquirers of the company have hit a “stalemate” and the bankrupt retailer’s top lenders are considering making a “credit bid” to own the retailer as a stand-alone company.
Swiss Running Brand On Launches Experiential Laboratory At Fred Segal
On, the Swiss performance brand has partnered on an in-store activation with Fred Segal, including a monthly-rotating experiential laboratory at the chain’s flagship location on Sunset Blvd. in West Hollywood, CA.
TeamSnap Appoints Head Of Analytics
TeamSnap, the sport management platform, announced that Shaina Jordan has joined the company’s senior leadership team as head of data engineering and analytics.
Nike Sports Camps Operator Secures Investment
Roark Capital, an Atlanta-based private equity firm, announced that its affiliates have invested in US Sports Camps, the licensed operator of Nike Sports Camps.
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