Apparel Financial

Vuori Achieves Climate Neutral Certification

Vuori Achieves Climate Neutral Certification

Vuori, the technical performance apparel brand, has successfully achieved Climate Neutral Certified status by measuring its 2019 greenhouse gas emissions footprint, purchasing carbon credits to offset that footprint, and implementing plans to reduce emissions this year and beyond. (Read More)

Asics Joins RE100

Asics Joins RE100

Asics announced that it has joined RE100, the global environmental initiative composed of member companies committed to relying solely on renewable energy for electricity in their businesses. As a member company of RE100, Asics will aim to use only renewable electricity across all Group companies by 2050. (Read More)

Perry Ellis Extends Accessories Partnership With PGA Tour

Perry Ellis Extends Accessories Partnership With PGA Tour

Perry Ellis International’s golf division (PEI Golf) announced an extension of its license agreement with the PGA Tour to produce golf accessories and training aids under the PGA Tour brand, as well as the addition of important new product categories and initiatives. The parties agreed to extend the license agreement, which was initially set to expire in 2022, through December 31, 2025. (Read More)

G-III Apparel Adds Board Member

G-III Apparel Adds Board Member

G-III Apparel Group Ltd. announced the election of Robert L. Johnson, founder and chairman of The RLJ Companies, LLC and former founder and chairman of Black Entertainment Television (BET), to the company’s Board of Directors. (Read More)

Gap Inc. Expands Loyalty Program Across Banners

Gap Inc. Expands Loyalty Program Across Banners

Gap Inc. said it is launching unique loyalty programs across the U.S. and Puerto Rico across each of its core brands: Navyist Rewards, Gap Good Rewards, Banana Republic Rewards, and Athleta Rewards, replacing its previous loyalty program, BRIGHT Rewards. Customers can earn and redeem rewards across its family of brands.  (Read More)

Boardriders’ Debt Ratings Upgraded By S&P

Boardriders’ Debt Ratings Upgraded By S&P

Boardriders Inc., the parent of Quiksilver, Billabong, Roxy, DC Shoes, RVCA and Element brands,  saw its debt ratings upgraded by S&P Global Ratings as the company recently completed a transaction to provide needed liquidity. The issuer credit rating was raised to 'CCC' from 'SD', which reflects an updated view of the company's still distressed credit risk. (Read More)

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