Academy Sports and Outdoors Inc. announced the pricing of its initial public offering of 15.63 million shares of its common stock at $13.00 per share. Shares were priced below the projected range of $15 and $17 a share. Shares of Academy’s common stock are expected to begin trading Friday under the ticker symbol, “ASO.”
Category: Footwear
Vasque Announces Leadership And Organizational Transitions
Vasque Footwear, a family-owned outdoor footwear firm based in Red Wing, MN, hired Bryce Wernsman as president.
Dick’s SG Announces Grand Opening Of 11 Stores, New Soccer Shops
Dick’s Sporting Goods will expand its national footprint with the opening of six Dick’s Sporting Goods stores, two combination Dick’s and Golf Galaxy locations and three Dick’s Sporting Goods Warehouse Sale locations in October. The retailer will also open a limited number of Soccer Shops, a new, shop-in-shop experience, starting later this month and host its first Loyalty Appreciation Week beginning October 5.
REI Co-op Continues #OptOutside Tradition
For the sixth year in a row, REI Co-op will close its 167 locations — stores, activity centers, distribution centers, call centers, and headquarters — and pay its employees to #OptOutside on Black Friday.
Outdoor Foundation Appoints Managing Director
The Outdoor Foundation (OF), the philanthropic arm of Outdoor Industry Association (OIA), announced that Stephanie Maez, a longtime strategic policy advocate and nonprofit executive and a former state legislator from New Mexico (House District 21), has been named its new managing director.
Reebok Appoints VP, Creative Direction
Reebok today announced the appointment of Kerby Jean-Raymond to Vice President, Creative Direction across all design disciplines for Reebok.
Adidas Places First Sustainability Bond
Adidas successfully placed its first sustainability bond as the company continues to execute on its long-term sustainability plan while optimizing its capital structure and financing costs.
Nordstrom To Ban Fur, Exotic Skins
Nordstrom, Inc. announced the company will stop selling products made using animal fur or exotic animal skin by the end of 2021, becoming the first major U.S. retailer to make the commitment.
Former Cobra-Puma Golf Sales Leader Joins Motocaddy
Motocaddy, the British-based manufacturer of electric walking carts, has appointed Roger Teat, former director of sales operations at Cobra-Puma Golf, as President based in Carlsbad, CA.
Walmart, Target To Hold Sales Events Timed With Amazon Prime Day
Walmart and Target announced plans to offer their own deals on the same days as 2020’s Amazon Prime Day. On Monday, Amazon revealed its Prime Day would happen on October 13 and 14 and on Tuesday, Target said it’s bringing back its Deal Days from October 13 through 14.
Johnston & Murphy Returns To Golf Footwear
Johnston & Murphy, once a sponsor of Arnold Palmer, has launched its first new golf shoe in nearly 20 years.
Dick’s SG To Eliminate Single-Use Plastic Bags By 2025
Dick’s Sporting Goods announced two major actions to help create a future free of single-use plastic bags: a commitment to remove all single-use point-of-sale plastic bags from its stores by 2025 and a partnership with Closed Loop Partners’ Center for the Circular Economy.
Moody’s Assigns A2 Rating To Adidas’ Sustainability Bond Issuance
Moody’s Investors Service has assigned an A2 rating to Adidas AG’s proposed €500 million senior unsecured bond due 2028.
Alpargatas Transfers Mizuno License In Brazil To Vulcabras
Vulcabras Azaleia has agreed to take over the Mizuno license for Brazil from Alpargatas. The deal ends Alpargatas’ 23-year partnership with the Japanese company.
Timberland Hosts 23rd Annual Serv-a-Palooza
Timberland plans to host its 23rd annual Serv-a-Palooza, a company-wide community service event at which employee volunteers dedicate their time to address critical needs in their communities. This year’s Serv-a-palooza will be considerably different from last year’s as the brand has adapted the event to maximize employee safety during the COVID-19 pandemic.
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