Amazon Prime Day, which typically takes place in mid-July, has been postponed due to COVID-19.
Author: SGB Media
OIA Launches Outdoor Industry Business Certificate Program
The Outdoor Industry Association in partnership with Utah State University and Western Colorado University, launched select courses from its Outdoor Industry Business Certificate program. The program offers a suite of continuing education certificates tailored to outdoor industry professionals.
Camping World Announces 12.5 Percent Increase in Quarterly Dividend
Camping World Holdings Inc. announced that its Board of Directors has approved a 12.5 percent increase in the company’s regular quarterly dividend.
Zenni Optical Partners With The Boston Red Sox
Zenni Optical, the online eyewear retailer, announced it will become the Official Eyewear of the Boston Red Sox beginning with the 2020 Major League Baseball season.
SIA Shifts To Educational Platform Amid COVID-19 Challenges
Snowsports Industries America (SIA) announced its year-round educational platform to provide current and new members tools and programs to short-term recovery during COVID-19 and long-term business success.
Nike Partners To Launch Global Carbon-Neutral Group
Nike Inc. joined eight other major corporations including Microsoft, Starbucks and Unilever, to form a new consortium with a goal of accelerating the transition to a net-zero global economy.
Fitness International’s Debt Ratings Lowered To Negative
S&P revised its rating outlook on Fitness International LLC, the parent of LA Fitness, to negative from developing because of significant near-term downside risks due to COVID-19.
Renfro’s Debt Downgraded By S&P
S&P lowered its debt rating on U.S. sock manufacturer Renfro Corp. after finding a recent financial transaction tantamount to a default on its existing term loan.
REI To Open Stores In Gainesville And Billings
REI Co-op on July 24 will open stores in Gainesville, FL and Billings, MO.
Powdr Corp.’s Debt Rated B2 On Proposed Debt Offering
Moody’s Investors Service assigned ratings for Powdr Corp., including a B2 Corporate Family Rating (CFR) and a B2-PD Probability of Default Rating. Concurrently, Moody’s assigned a B1 rating to the company’s proposed $300 million senior secured notes due 2025. The outlook is negative.
Report: Topgolf Exploring Going Public
Topgolf International Inc. is discussing going public through a merger with Churchill Capital Corp. II, a public investment vehicle, according to a report from Bloomberg.
IHRSA Goes Virtual With Innovation Summit
The International Health, Racquet & Sportsclub Association (IHRSA) announced plans to hold the IHRSA Innovation Summit, a one-day interactive, virtual event on Thursday, September 17.
RYU Apparel Postpones Private Placement
RYU Apparel Inc. postponed its previously announced private placement as well as plans to go ahead with a share consolidation.
Hibbett Sports Seeing Comps Surge In Q2
Hibbett Sports said it expects same-store sales to catapult in excess of 70 percent in the second quarter ended August 1, boosted by pent-up demand, stimulus checks and temporary and permanent store closures from competitors.
Canterbury Renews Irish Rugby Football Union Sponsorship
Canterbury, the U.K.-based apparel brand focused mainly on rugby football, renewed its Official Kit partnership with Irish Rugby Football Union for four more years.
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