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)
The National Federation of State High School Associations (NFHS) and the National Football League (NFL) have announced a partnership to promote growth and support for football at the high school level. (Read More)
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)
REI Co-op announced it will complete a 14-year commitment to be carbon neutral in its operations in 2020 and launched an ambitious new climate platform that will see the co-op more than halve its carbon footprint over the next decade – even as the company anticipates future growth in size and revenue. (Read More)
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)
Toyota and partner Bass Pro Shops and Cabela's announce the renewal of a longstanding partnership for an additional five years, which will lead the brands into 20 years of collaboration together. (Read More)
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)
Crocs Inc. announced that Charisse Ford Hughes has been appointed to its board of directors effective October 1, 2020. (Read More)
Puma appointed Johan Kuhlo, currently head of corporate strategy and investor relations, as general manager EEMEA Distribution with immediate effect. (Read More)
Adidas signed a new four-year partnership with Huston-Tillotson in Flower Mound, TX. (Read More)
