Wolverine World Wide’s Credit Facility Rated By S&P

S&P Global Ratings assigned its ‘BBB-‘ issue-level rating and ‘1’ recovery rating to Wolverine World Wide Inc.’s refinanced senior secured credit facility, which comprises a $1 billion revolving credit facility and a $200 million term loan due 2026.

Clarus Announces Pricing Of Common Stock Offering

Clarus Corporation announced that it has priced an underwritten public offering of 2.75 million shares of its common stock for total expected gross proceeds of $74.2 million before underwriting fees and estimated offering expenses.

Garmin Delivers Seven Percent Q3 Growth

Garmin Ltd. reported total revenue of $1.19 billion in the third quarter, a 7 percent increase over the prior year quarter. The gains were led by Marine and Aviation segment sales.

REI Readies Opening In Jackson Hole

REI Co-op plans to open its new store in Powderhorn Mall in Jackson Hole, WY on November 5. The store, located at 974 West Broadway, is the retailer’s first store in the State.

Orvis Hires Chief People Officer

Orvis announced that Rebecca Jones was hired as chief people officer, effective October 18, 2021. In this new position, Jones is providing executive oversight for its HR department, focused on employee engagement, support, development, training, and growth within the organization.

VF Corp. Appoints VP, Investor Relations

VF Corporation announced the appointment of Allegra Perry to vice president, investor relations, effective January 2022. Perry will report to VF’s chief financial officer, Matt Puckett.