Footwear Financial

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)

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)

Canada Goose Earns B1 CFR Debt Rating From Moody’s

Canada Goose Earns B1 CFR Debt Rating From Moody’s

Moody's Investors Service assigned first time ratings to Canada Goose Inc., consisting of a B1 corporate family rating (CFR), B1-PD probability of default rating, a B2 rating to its proposed $300 million senior secured first-lien term loan B due in 2027, and an SGL-1 speculative grade liquidity rating. The outlook is stable. (Read More)

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