Klean Kanteen Gives $2 Million To Help The Environment
Klean Kanteen, the manufacturer of reusable drinkware, recently surpassed the two-million-dollar mark in donations to 1% for the Planet partners.
Adidas NEO Launches Interactive Campaign With Jackson Yi English
Adidas NEO officially announced Jackson Yi to be their new celebrity endorsement. Following the 27th November announcement that Jackson Yi will be brand’s first-ever International Youth Creative Ambassador, Adidas NEO launched three major online and offline interactive marketing activities, which each instantly became a sensation on social media.
Shoe Carnival Announces New $50 Million Share Repurchase Program
Shoe Carnival Inc. announced that its Board of Directors authorized a new share repurchase program for up to $50 million of its outstanding common stock, effective January 1, 2018.
BLDG Active Sponsors Pro Surfer Damien Hobgood
BLDG Active’s products feature all-natural technology that works to disinfect and promote healing of skin irritations and wounds.
Hydro Flask Expands Global Presence With Australian Distribution
Beginning in December 2017, Hydro Flask will launch into Australian retailers through a strategic partnership with Surf Composites.
Sports Zone Elite Files For Bankruptcy
The filing was blamed a sales slump during the 2008 recession, a failed expansion effort and challenges securing shipments from its largest supplier, Nike.
Umbro Signs Jamaica Football Federation
Umbro signed a four-year partnership with the Jamaica Football Federation (JFF).
CCM Hockey Donates Equipment To Detroit Youth Hockey Team
CCM Hockey surprised players from Detroit Ice Dreams Youth Hockey Association (DIDYHA) with new hockey equipment as part of its CCM Assists holiday initiative.
Cherokee’s CFO Plans To Resign
Cherokee Global Brands announced the resignation of Jason Boling as chief financial officer effective January 31, 2018, and the appointment of Steven Brink.
Adidas Confirms Fitness Wearables Exit
Adidas provided further clarity into its move to consolidate its digital strategy that led to the closure of its Digital Sports business unit. The business unit was responsible for development of its fitness watches, sensor-enabled footwear, and other wearable devices.
Nike Extends Deal With Sport Club Corinthians Paulista
Nike renewed and extended its sponsorship of Brazil’s soccer club, Sport Club Corinthians Paulista, until 2029.
Study: Most Owners Of Fitness Wearables Continue To Use Them Daily
Forty percent of Americans, ages 18 or older, have used a wearable device for tracking their health, exercise activity or sports performance, and among those who now own a so-called “wearable,” more than half (51 percent) say they use it at least once daily and 70 percent say they use it daily or weekly, according to new national study.
Overload Golf Appoints Manager Of BAR Fund
Overload Golf has appointed Ken Kamada, a seasoned operating executive of several venture-backed startups and investors, to join Overload Golf to manage its BAR Fund, which invests in golf businesses and related technologies.
Winter Bookings Pick Up At Western Mountain Resorts
Based on data released by Inntopia in their monthly DestiMetrics Market Briefing, resorts are not experiencing a negative impact on their bookings as of November 30.
HanesBrands Favorably Amends Senior Secured Credit Facility
The amended credit facility reduces interest rates, increases capacity, and increases the flexibility of the facility’s indebtedness, investment and restricted payments baskets, and leverage-ratio requirements.
