Mountain Hardwear is launching a program that enables retailers to receive a 40 percent commission on any transactions they can generate leads for on mountainhardwear.com. The amount is similar to what a traditional sale may earn for the retailer.
Category: Sports/Fitness
Equinox’s Debt Rating Lowered
Standard & Poors Corp. reduced its debt rating on Equinox Holdings Inc. due to operating restrictions imposed by the coronavirus.
Sporting Goods Leaders Rank High For Transparency
Adidas, Nike, VF Corp, Patagonia and Puma ranked among the world’s most transparent major fashion brands, according to the 2020 Fashion Transparency Index from the campaign group Fashion Revolution.
Dick’s Donates Supplies To Support COVID-19 Pandemic Response
Dick’s Sporting Goods has joined the growing list of organizations stepping up to help health care providers like Allegheny Health Network (AHN) respond to the novel coronavirus (COVID-19) pandemic in western Pennsylvania. Dick’s donated cots and blankets to AHN, as well as fanny packs for caregivers to carry essential personal protective equipment (PPE) such as masks, gloves, face shields and hand sanitizer.
University Study Suggests Regular Exercise Reduces Risk For COVID-19
Regular exercise can possibly prevent coronavirus patients from developing severe complications like acute respiratory distress syndrome (ARDS), according to a new study.
New Era Undergoes Furloughs
New Era Cap Company announced it will temporarily furlough most of its U.S. workers, according to The Buffalo News.
Adidas Signs Tua Tagovailoa
Adidas signed an endorsement deal with former Alabama quarterback Tua Tagovailoa, who is expected to be one of the first players selected in the 2020 NFL Draft.
Fitness International’s Debt Rating Downgraded
Standard & Poors lowered the issue credit rating of Fitness International LLC, the parent of LA Fitness, to ‘CCC+’ from ‘B”B-‘ with a developing outlook.
Fanatics Partners With NBA To Make Team-Branded Facemasks
Fanatics has partnered with the NBA to make cloth face coverings featuring NBA team and league logos to benefit Feeding America in the U.S. and Second Harvest in Canada.
Report: 24 Hour Fitness Weighs Bankruptcy
24 Hour Fitness has retained Lazard and Weil, Gotshal & Manges to explore financial options including a bankruptcy, according to CNBC.
Life Time’s Debt Rating Downgraded
Life Time Inc.’s debt rating was downgraded by Standard & Poors due to pandemic-related closures.
Nike Signs 2020 WNBA First Draft Pick
Nike has signed Sabrina Ionescu, who was selected first overall in the 2020 WNBA draft and has been the most hyped women’s basketball prospect in recent years.
Neiman Marcus Could File For Bankruptcy This Week
Neiman Marcus Group is preparing to file for bankruptcy as soon as this week, Reuters reported Sunday.
Gyms Rank Among The First To Be Allowed To Re-Open
In a memo issued on Thursday titled “Guidelines for Opening Up America Again,” the White House included gyms among the businesses that could reopen to the general public during “phase one” of its three-part reopening plan to jump-start the American economy.
Academy Sports’ Debt Ratings Downgraded
Moody’s Investors Service downgraded Academy, Ltd.’s corporate family rating (CFR) to Caa2 from Caa1 and probability of default rating (PDR) to Caa3-PD from Caa1-PD.
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