Peloton Files Confidentially For IPO

Peloton Interactive Inc., the on-demand fitness company best known for its connected indoor cycling bike, on Wednesday said it has filed confidentially with the Securities and Exchange Commission for a proposed initial public offering.

G-III Apparel Shares Sink On New Headwinds

G-III Apparel Group Ltd. reported first-quarter earnings exceeded guidance and reiterated its outlook for the year. Shares, however, fell about 10 percent as sales in the quarter missed guidance and officials warned of a further deteriorating retail business and tariff uncertainties.

Breakthrough In Nylon Textile Technology From Toray

Toray Industries has created a new nylon textile using the textile manufacturer’s NanoDesign technology. Despite using a DWR treatment (with lower environmental cost), the latest innovation from the giant delivers high water repellency. How? The textile’s structure has microscopic slits running lengthwise on the yarn. Water-repelling treatments fill these slits below the outside diameter of […]

The Conservation Alliance Hosts Successful Backyard Collective Event In Vancouver, B.C.

The Conservation Alliance held its Backyard Collective event in North Vancouver, British Columbia on Friday, May 31. The stewardship project drew 45 volunteers from six member companies, two conservation partners and one local non-profit. The volunteers worked in support of North Shore Mountain Biking Association (NSMBA) on projects in North Vancouver, BC. The​ group continued​ […]

Aaron Rodgers Co-Founded Fund Raises $50 Million

Rx3 Ventures, founded by Aaron Rodgers and partners at Roth Capital, announced the launch of their $50 million growth fund focused on providing value-add capital to companies across the consumer landscape. To date, Rx3 has invested in brands across the stage spectrum, including CorePower Yoga, Privé Revaux, Vicis, and Hydrow.

The American Alpine Club To Double Down On Climate Advocacy

The American Alpine Club (AAC), the country’s oldest and largest climbing advocacy organization, said it is taking immediate steps to measure, minimize, and offset the organization’s own carbon emissions, as well as to divert staff resources and financial support toward political advocacy, scientific research through grants, and developing resources for members to make sustainable choices as they plan trips and expeditions.