Wish, the online marketplace, has confidentially filed paperwork to go public with the U.S. Securities and Exchange Commission (SEC).
Author: SGB Media
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.
Nike Ends Relationship With Neymar
Nike has parted ways with Brazilian star forward Neymar a decade and a half after signing the star striker as a 13-year-old prodigy.
Outtech Appoints Inside Sales Representative
Outtech, the sales and marketing agency supporting the outdoor industry, appointed Brad Crum as inside sales representative for the independent channel.
Kinsey’s Announces New Hires
Kinsey’s, a distributor of archery equipment, muzzleloading, camping, air guns and ATV accessories, recently added five new hires and promoted two current employees.
Logo Brands Strikes Exclusive Deal With University Of Florida
Logo Brands Inc. secured exclusive rights to manufacture, produce and distribute University of Florida Gators tailgate and outdoor lifestyle products across multiple retail channels.
16th Annual College Colors Day To Be Held September 4
Collegiate licensing leader CLC plans to hold the 16th annual College Colors Day this Friday, September 4. The holiday, created by CLC, encourages over 185 million fans to don the apparel of their favorite college and share their spirit via social media, using the hashtag #CollegeColorsDay.
Walmart To Sell Shoes.com To CriticalPoint Capital
Walmart has agreed to sell Shoes.com to CriticalPoint Capital, the Los Angeles based private investment firm and owner of JackRabbit and Olympia Sports, according to a report from Bloomberg.
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