Rawlings entered into a multi-year exclusive agreement with the University of California, Los Angeles (UCLA) involving its vast line of tailgating products effective April 1, 2021.
Author: SGB Media
Fleet Feet Launches Fit Id. Personalized Footwear Experience
Fleet Feet announced the launch of integrated dynamic pressure mapping as part of the brand’s in-store outfitting experience, fit id.
Town Sports International’s Debt Ratings Downgraded Due To Bankruptcy Filing
Town Sports International Holdings Inc., the parent of New York Sports Club and Boston Sports Clubs, saw its ratings lowered by S&P due to its move to file for Chapter 11 bankruptcy protection in the U.S. Bankruptcy Court for the District of Delaware.
Blaser Group Appoints North American Director Of Sales
Blaser Group announced Derek Paul has joined the company as North American director of sales. In this role, Paul will be responsible for all commercial sales activities for Blaser, Mauser, Sauer, and Rigby rifles and Minox optics throughout North America.
Springfield Armory Announces VP Of Sales
Springfield Armory CEO Dennis Reese announced the hiring of Russell H. Datson IV as vice president of sales.
Olin Announces Partial Redemption Of Senior Notes
Olin Corporation, the parent of Winchester, announced today that it has notified bondholders that it intends to redeem $600 million of outstanding 9.75 percent senior notes due October 15, 2023.
Apex Global Brand’s Q2 Sales Slip 21 Percent
Apex Global Brands reported sales declined 21.4 percent in the second quarter ending August 1. The net loss came to $1.3 million, or $2.38 a share, in-line with the year-ago period. The owner of Hi-Tec, Magnum, Tony Hawk and other lifestyle brands also said it entered into an amended forbearance agreement with senior secured lender on September 1.
Flywheel Files For Bankruptcy, To Close Locations
Flywheel Sports, the cycling studio, has reportedly filed for Chapter 7 liquidation with a plan to close its remaining 28 locations.
Kohl’s Lays Off 15 Percent Of Corporate Staff
Kohl’s Corp. in a regulatory filing said that as of September 15 it took various actions to further align its cost base in response to the business impact resulting from COVID-19.
VF Releases 2020 VF Global Inclusion And Diversity Annual Profile
VF Corp. released the second edition of its VF Global Inclusion & Diversity Annual Profile. The report is public for the first time.
Hestra Splits Growing Western Territory, Adds New Reps
Hestra, the maker of gloves for outdoor activities, announced the division of its western territory and the hiring of Shannon Carey and Chuck Gerst to manage the new territories.
Apple Launches New Fitness Service
Apple Inc. announced a new fitness subscription service, Fitness+, that will include 10 studio workouts including yoga, cycling, dance, rowing, strength training, and “mindful cooldowns.”
Blink Fitness Offers Solutions To Help Members With Capacity Guidelines
Blink Fitness announced the launch of a new reservation system and capacity tracker allowing members to plan their next visit from the comfort of home.
Swiss Running Brand ‘On’ Launches Sustainable Subscription Service
Swiss-based running brand, On, announced the launch of its subscription-based service to support recyclable sportswear to On customers worldwide.
Safilo Announces New Term Loan Facility
Safilo Group S.p.A. announced the signing of a new term loan facility for an amount of €108.0 million ($123 mm) to provide Safilo S.p.A. with additional liquidity to finance working capital and investment needs for activities located in Italy.
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