Amer Sports’ Debt Ratings Upgraded To Positive On Strong Earnings

Moody’s Investors Service changed to positive from stable the outlook on the ratings of Amer Sports as the company saw revenue growth of 29 percent in the year-to-date period ended September 30. Moody’s said, “Consumer demand for sports apparel, footwear and individual ball sports equipment has proven to be stronger than expected across all segments.”

The Bay Appoints Chief Customer Officer

The Bay, based in Toronto, appointed Alexander Meyer as chief customer officer. Meyer will oversee strategy and customer insights, marketing and creative, loyalty, and communications functions for The Bay and Hudson’s Bay businesses.