September 14, 2022
Yvon Chouinard and his wife and two adult children have transferred their stock to a combination of trusts and charitable organizations that will maintain Patagonia’s independence, with all earnings going to combat climate change and protect undeveloped land.
Under Dog’s long-time endorser and face of basketball, has “nearly locked a lifetime contract” with the brand potentially worth over $1 billion, according to a cover story on Curry by Rolling Stone.
The first sales forecasts for Holiday retail sales are out, with Deloitte predicting 4% to 6% top line growth this year and Mastercard SpendingPulse calling for a 7.1% improvement.
IFit has sold its extended warranty operations to insurer AmyntaGroup, and entered into a long-term strategic partnership with them to service extended warranty protection and maintenance plans for all iFit equipment.