Sportsman’s Warehouse Holdings Inc. announced that, on May 23, 2018, the company amended an existing credit agreement to increase the borrowing capacity under the company’s existing revolving credit facility by $100 million to $250 million, subject to a borrowing base calculation, and to provide for a new $40 million term loan.
Author: SGB Media
Duluth Tradings Opens 37th Store In Portland, OR
Duluth Holdings Inc., the parent of Duluth Trading Company, announced the grand opening of the company’s 37th store in Portland, OR.
Perry Ellis Committee Responds To George Feldenkreis’ Letter
in response to George Feldenkreis’ letter, Perry Ellis’ Special Committee said the committee is “disappointed that rather than moving forward with constructive negotiations, Feldenkreis continues to mischaracterize the status of negotiations.”
Adidas Extends UEFA Champions League Partnership
UEFA announced the extension of Adidas’ partnership with the UEFA Champions League for the 2018–21 cycle as the Official Match Ball Supplier, continuing the company’s relationship with the sportswear company which began in 2001.
U.S. Rugby Players Association Joins Rep Worldwide
As rugby continues to grow in popularity among American audiences, REP Worldwide announced, in conjunction with the 2018 Licensing Expo, that the company has added the United States Rugby Players Association (USRPA) as its newest client.
USA Triathlon Unveils “Legacy Triathlon” To Be Held in Long Beach
USA Triathlon, in partnership with the City of Long Beach, announced plans for the Legacy Triathlon—a new event to be held in Long Beach, CA, starting July 20, 2019.
Dakine, Rob Machado Foundation, Mizu Unite In Clean Drinking Water Initiative
Dakine has partnered with the Rob Machado Foundation, Mizu Bottles and Reef to bring clean drinking water to public schools. The group kicked off the initiative with a recent event at Haiku Elementry School in Maui, HI, focused on keeping single-use plastic out of watersheds while giving children access to purified water.
Fanatics To Make Nike Jerseys For NFL Fans
Mirroring the company’s upcoming MLB partnership with Under Armour, Fanatics secured the rights to make NFL jerseys and related merchandise under the Nike logo. For the NFL, aligning with Fanatics promises to significantly expand revenues with Fanatic’s expanding capabilities around on-demand production.
George Feldenkreis Sends Letter To Perry Ellis Board
George Feldenkreis, the founder of Perry Ellis who has made an offer to acquire the company, has sent a letter to the special committee of the board of directors of Perry Ellis, urging the board to immediately commit to an expedited timeline to conclude negotiations and enter into a definitive agreement in respect of his buyout proposal.
LL.Bean Chairman Urges UNH Grads To Lead ‘Adventure-Filled” Lives
In his commencement address for the University of New Hampshire’s 2018 graduating class, Shawn Gorman, L.L.Bean’s chairman, called the outdoors “a critical antidote to this hyper-competitive, hyper-stressed, tech-driven world we live in.” While technology powers the world in wonderful ways, “it will never fill your soul like a sunrise in the mountains,” he said.
Fanatics Takes Over Fan Apparel In NFL Deal
The NFL said splitting responsibilities between Nike (outfitting the players and coaches) and Fanatics (outfitting the fans) demonstrates the league’s focus on consistently looking for new ways to improve the experience for fans, players and retailers.
Vertical World … America’s First Climbing Gym Celebrates 30 Years
Vertical World celebrates 30th Anniversary.
Macy’s Appoints CFO
Macy’s Inc. announced that Paula A. Price will be appointed chief financial officer, effective July 9, 2018.
2018 Handbag Luncheon Honors Puma for Selena Gomez Lupus Campaign
The 9th annual Lupus Research Alliance Lupus Handbag Luncheon & Silent Auction honored two supporters to the lupus cause: Puma and IBM Associate Partner Veronica Vargas Lupo.
Under Armour To Sponsor Southern University
The Southern University Athletics Department announced that it has entered into a 5-year partnership with Under Armour through BSN Sports.
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