On Holding AG said in a regulatory filing that it had entered into a CHF 700 million multicurrency credit facility agreement led by UBS Switzerland AG.
Author: SGB Media
Vim & Vigr Launches Spoon Theory Compression Socks
Vim & Vigr, maker of compression socks, partnered with influencer Madison Shreve on its limited-edition Spoon Theory compression socks to support patients with chronic diseases. Madison Shreve suffers from POTS, a form of dysautonomia. She said, “The Spoon Theory shows the difference in energy levels between chronically ill and ‘healthy’ individuals. This theory has helped me so […]
Coats Sells Opti Zips EMEA Business Operations
Coats Group plc, the manufacturer of thread and structural components for apparel and footwear, entered into an agreement to sell its Opti Zips EMEA business to Aequita, a Gemany-based private equity firm.
Dakine Adds Tech-Ready Packs To Campus Series
Dakine continues its back-to-school backpack series with the Campus collection—Campus Premium 28L, Campus L 33L and Campus M25L. Each of the three packs comes in various colors and patterns and includes organizational compartments for school essentials. Dakine also introduced the Campus 18L compact backpack which includes a tablet sleeve, dual front compartments with a dedicated cooler pocket and additional storage […]
Under Armour’s Principal Accounting Officer To Exit
Under Armour reported in a regulatory filing that Aditya Maheshwari, senior vice president and principal accounting officer, was leaving the company on August 25 to work for a public company. CFO David Bergman will be appointed on that date as the principal accounting officer for UA.
Shimano Adds To CoreSolid Lineup Of Spinning Reels
Shimano North America Fishing released the Stradic FM reel, an addition to its Stradic line of spinning reels, debuting at the upcoming ICAST trade show in Orlando, FL. “The Shimano team is extremely excited to introduce the Stradic FM reel to anglers around the world,” said Bob Mahoney, Freshwater product marketing manager for Shimano North America Fishing. […]
Eagle Creek Adds New Sales Agency for Southeast U.S.
Eagle Creek hired Effort, Inc. for sale representation in the Southeast, including NC, SC, TN, GA, FL, AL, and MS, effective immediately.
Nike Canada Investigated by Canadian Ombudsperson for Responsible Enterprise
Nike Canada Corp. is alleged to have or have had supply chains or operations in the People’s Republic of China identified as using or benefitting from the use of Uyghur forced labor.
Grassroots Sees a Mostly Positive Outlook at Connect; Inventory Still a Worry
Grassroots Outdoor Alliance (GOA) reported that specialty retail has had a strong year-to-date for 2023 as more than half of Grassroots retailers met or exceeded 2022 growth.
KOA Reports Double-Digit Registration Growth for Fourth of July
The 2023 Fourth of July holiday results across Kampgrounds of America, Inc.’s (KOA) campgrounds showed an increase in registration revenue of more than 12 percent over the prior year’s record results.
Balega Founders Launch New Specialty Running Sock Brand
Tanya and Bert Pictor, the founders of Balega Socks, and Luke Rowe, a running industry veteran, have launched a new running sock brand, Jogology, to be sold exclusively at run specialty stores beginning in September.
Athleisure Brand Halara Names President
Halara, the direct-to-consumer athleisure brand, founded in 2020 and headquartered in New York City, hired Gabby Hirata, most recently president and CEO of Diane von Furstenberg, as global brand president.
Ebay Closes on Acquisition of AI-Powered Digital ID, Authentication Provider
Ebay, Inc. reported it completed the acquisition of Certilogo, a provider of AI-powered apparel and fashion goods digital IDs and authentication. Based in Milan, Certilogo leverages digital technology to empower brands and designers to manage the lifecycle of their garments.
Suunto is Latest Brand to Drop Prices on Key Models
In a move to make its products more affordable to consumers, Suunto dropped prices on various watch models, effective July 10. Discounts are being offered up to 33 percent on key products.
Bote Opens Flagship in Austin, TX
Bote opened its latest retail store in Austin, TX. The new 3,400-square-foot space showcases the brand’s line of paddleboards, kayaks, docks, floats, and accessories and includes a communal space for events and paddle demos.
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