Adidas’ Senior Unsecured Notes Offering Rated A2 By Moody’s
Moody’s Investors Service assigned an A2 rating to Adidas AG’s proposed €1.0 billion senior unsecured notes, split into two tranches maturing in 2025 and 2029. Proceeds from the notes will be used for general corporate purposes, including the refinancing of the company’s €500 million convertible bond due in September 2023.
AstroTurf Names Vice President, Business Development
AstroTurf promoted Rob Mitchell to vice president, business development. Mitchell previously worked as AstroTurf’s director of rugby and as a regional sales manager in Wisconsin, Illinois, Minnesota, and Indiana.
Lululemon Adds Board Member
Lululemon Athletica, Inc. said Isabel Ge Mahe had joined its Board of Directors, effective immediately. Ge Mahe is vice president and managing director of Greater China for Apple.
The Leisure Collective Hires VP Of Sales, Eyewear Division, Americas
The Leisure Collective, Inc., distributor of Creatures of Leisure, Otis Eyewear and Sito Shades, hired Scott Oliver as vice president of sales, Eyewear Division, Americas. Oliver was, most recently, national sales manager, Smith Optics.
Puma And Foot Locker Expand Partnership
Puma and Foot Locker, Inc. have extended their long-standing partnership through collection and marketing collaborations with a refocus on basketball and to reach younger consumers.
Calcutta Outdoors Welcomes President And General Manager
Ed Small, CEO of Peak Global Holdings, announced that Chris Carlisle was hired as president and general manager of Calcutta Outdoors.
Camping World Acquires Alabama RV Dealer
Camping World Holdings, Inc. has agreed to acquire Ashley Outdoors, a family-owned RV dealership in Salem, AL. The company expects to close the sale in the first quarter of 2023, adding to Camping World’s existing Alabama locations in Calera, Dothan, Anniston, and Robertsdale.
Primary Arms Optics Names Director Of Sales
Primary Arms Optics hired Scott Tirman as director of optic sales. Prior to the role, Tirman was the CFO and vice president of operations at Steyr Arms in Bessemer, AL.
Nike’s Chief DEI Officer Exits
Nike’s chief diversity, equity and inclusion (DEI) officer, Jarvis Sam, has exited Nike after only five months in the post, according to a report from Business Insider.
Life Is Good Opens First California Store
Life Is Good opened its first store in California in La Jolla.
Ronnie Fieg Named NY Knicks’ Creative Director
The New York Knicks hired Kith-founder and CEO Ronnie Fieg as the Knicks’ first creative director.
Maryland Governor-Elect Steps Down From Under Armour’s Board
Under Armour Inc. announced that Wes Moore has stepped down from its Board of Directors effective immediately due to his election as governor of the state of Maryland.
Dillard’s Sees Q3 Profits Slip
Dillard’s Inc. reported a slight decline in earnings in the third quarter as a gross margin decline offset 3 percent same-store sales growth.
Gregory Sales Slip At Samsonite
Samsonite International S.A. reported sales of the Gregory backpack brand were down 2.7 percent on a currency-neutral basis in the third quarter.
Yue Yuen Sees Manufacturing Offsetting Retail Weakness In YTD Report
Yue Yuen Industrial (Holdings) Inc. reported revenue of US$6.972 billion in the nine months ended September 30, 2022, representing an increase of 8.2 percent compared to revenue of US$6.441 billion in the prior-year YTD period.
