Sports/Fitness

Fruit of the Loom, Inc. Releases 2019 Sustainability Report

Sep 29, 2020SGB Updates

Fruit of the Loom, Inc. released its first annual global sustainability report and announced Fruitful Futures, the company's global sustainability plan. (Read More)

Johnston & Murphy Returns To Golf Footwear

Sep 29, 2020SGB Updates

Johnston & Murphy, once a sponsor of Arnold Palmer, has launched its first new golf shoe in nearly 20 years. (Read More)

Dick’s SG To Eliminate Single-Use Plastic Bags By 2025

Sep 29, 2020SGB Updates

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. (Read More)

Google Adds Concessions To Support EU Approval Of Fitbit Deal

Sep 29, 2020SGB Updates

Google has added more concessions on data use that’s expected to be enough to win EU antitrust approval for its $2.1 billion acquisition of Fitbit, according to reports. (Read More)

Moody’s Assigns A2 Rating To Adidas’ Sustainability Bond Issuance

Sep 29, 2020SGB Updates

Moody's Investors Service has assigned an A2 rating to Adidas AG's proposed €500 million senior unsecured bond due 2028. (Read More)

Topgolf’s Debt Ratings Upgraded By Moody’s

Sep 28, 2020SGB Updates

Moody's upgraded Topgolf's debt ratings to reflect the recent improvement in liquidity due to $100 million of additional preferred equity with a commitment for another $80 million in preferred equity by the end of 2020. Additionally, the company received an amendment to obtain covenant relief from its lenders and a small shareholder loan was converted to preferred equity. (Read More)