Moody’s Assigns B3 To Augusta Sportswear’s Extended Term Loan
Moody’s Investors Service assigned a B3 rating to Oak Parent, Inc.’s extended senior secured term loan due April 2025.
JD Sport’s Marketing Director Joins Hugo Boss
German fashion brand Hugo Boss hired Nadia Kokni, formerly global group marketing director at JD Sports Fashion, as SVP of global marketing.
Adidas Renews Lease On Downtown Manhattan Flagship
Adidas has signed a 10-year renewal for its downtown flagship store at 610 Broadway.
Jordan Brand Opens New Store In Milan
Jordan Brand opened its first World of Flight concept store in Milan, Italy. In a statement, the company described the store as “the future of Jordan retail.”
Life Time Survey: Building Muscle Tops Weight Loss As Primary Focus For 2023
Life Time’s annual health and wellness survey of more than 1,000 fitness enthusiasts found that although separated by just two percent, building muscle topped weight loss as the primary focus for the year ahead, an increase of 10 percent from last year’s survey and a departure from “losing weight,” which typically tops most New Year’s resolution lists year after year.
DMSE Sports Hires Director Of Events
Event operations organization DMSE Sports hired Meryl Leventon as a director of events, leading event planning and managing its team of senior event managers.
Eastbay To Shutter At End Of The Year
Eastbay announced on its website that it will close at the end of the month.
Report: NFL Invests In Nobull
The National Football League (NFL) has made an investment in training apparel and footwear brand Nobull via the league’s 32 Equity investment fund.
Peloton To Offer Refurbished Bikes
Peloton Interactive, Inc. has launched a new program, Peloton Certified Refurbished, selling refurbished bikes in the U.S. and Canada at a discount of up to $500 over a new bike.
Pacific Cycle Recalls Two Bike Models
Pacific Cycle is recalling its Igniter and Bubble Pop 20-inch kids’ bikes because of a fall hazard involving the handlebar.
Rally House Sets Store Openings For Oklahoma And St. Louis
Rally House announced plans to open two more stores in Oklahoma in early 2023 in Broken Arrow and Edmond. The fan shop also plans to open another location in the St. Louis area in Ballwin, MO, in early 2023.
Beachbody Expands Board Of Directors
The Beachbody Company, Inc. appointed Ann Lundy, senior vice president corporate finance and internal audit at Activision Blizzard, to its Board of Directors and Chair of its Audit Committee effective January 3, 2023.
Li Ning Company Adds Independent Non-Executive Director To Board
The board of directors of Li Ning Company, Ltd. appointed Wang Yajuan as an independent non-executive director, effective December 21.
Connexa Sports Technologies Receives Delisting Warning
Connexa Sports Technologies, the parent of Slinger Bag, has received a non-compliance letter from the Nasdaq exchange after failing to file its form 10-Q for the fiscal second quarter ended October 31.
Report: U.S. Holiday Season Retail Sales See Strong Results Aided By Inflation
U.S. retail sales, excluding automotive, increased 7.6 percent year-over-year this holiday season, according to a report from Mastercard SpendingPulse.
