S&P Global Ratings reduced its debt ratings outlook to negative from stable due to the company’s recent operating performance deterioration and increased leverage.
Results for "M"
We found 91393 results for your search.
EXEC: Wall Street Bullish On Bjorn Gulden’s Potential As Adidas CEO
News that Puma’s outgoing CEO Bjorn Gulden may succeed Kasper Rorsted as Adidas’ CEO was greeted favorably by Wall Street as several analysts were hopeful Gulden may be able to replicate Puma’s recent success at the struggling Adidas. His exit was seen as slightly negative for Puma.
Clarus Reduces FY Guidance
Clarus Corporation reported continued demand for its Outdoor segment, led by Black Diamond and Precision Sport segment and by Sierra and Barnes, in the third quarter ended September 30, but lowered its sales and earnings outlook for 2022 due to lower sales in its Adventure segment and the volatile foreign currency market and higher freight costs.
Wolverine Worldwide Appoints Lead Independent Director
Wolverine World Wide, Inc. hired Nicholas Long as the lead independent director of its Board of Directors.
Kitsbow Hybrid Icon Flannel Shirt Supports Cold Weather Conditions
Kitsbow Cycling Apparel added another made-to-order variation to its Icon Flannel Shirt. From the “blueprints of Kitsbow’s classic Pendleton Wool Icon, the Hybrid Icon Shirt purposely adds a layer of durable, wind-blocking, water- and abrasion-resistant fabric right where you need it most—across the chest and shoulders,” said the brand. The fabric placement in the Hybrid […]
Culture Kings Opens Flagship Store In Las Vegas
A.k.a. Brands Holding Corp. announced opening the first U.S. Culture Kings flagship store at The Forum Shops at Caesars, a Simon Property in Las Vegas, NV, on November 5.
Nike Suspends Relationship With Kyrie Irving
Nike suspended its ties with Brooklyn Nets star Kyrie Irving and canceled his line of shoes following his promotion on social media of an anti-semitic documentary.
Canada Goose To Open Stores In Las Vegas And Denver
Canada Goose announced plans to open stores in permanent locations in Las Vegas and Denver, including two pop-up stores in Aspen and Detroit.
Recall: Bolt Foldable Children’s Scooters
About 5,000 Bolt Foldable Children’s Scooters from Anker Play Products are being recalled.
Recall: Rad Power Bikes
About 29,300 RadWagon 4 Electric Cargo Bikes from Rad Power Bikes are being recalled.
EXEC: Topgolf Callaway Raises Full-Year Sales And EBITDA Guidance
Topgolf Callaway Brands raised its 2023 full-year outlook on positive trends across its business highlighted by increased traffic at its Topgolf venues, market share gains in our golf equipment business, and strong brand momentum in its active lifestyle segment.
True Spec To Open Location In San Diego
True Spec Golf has partnered with Fairmont Grand Del Mar to open a location in San Diego.
Cotopaxi Hires Chief Brand Officer
Cotopaxi hired Brad Hiranaga as its chief brand officer. He join the company in September from General Mills where he held the position of chief marketing officer.
Fox Factory Q3 Sales And Earnings Up Double-Digits
Fox Factory Holding Corp. reported sales for the third quarter increased 17.8 percent to $409.2 million, compared to $347.4 million in the comparable period last fiscal year.
Peloton Posts Wider Fiscal Q1 Net Loss As Revenues Shrink 23 Percent
Peloton Interactive Inc. reported total fiscal first quarter revenue fell 23 percent to $616.5 million for the period ended September 30. Revenues were comprised of $204.2 million of Connected Fitness segment revenue, reflecting a 59 percent year-over-year decrease, and $412.3 million of Subscription revenue, a 36 percent year-over-year increase.
SGB Today
Active Lifestyle Market Product and Brand Marketing Stories from SGB PRO PR and SGB Premium PR Partners
Post your Product or Marketing News in the SGB PR Portal