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September 14, 2022


Patagonia Founder Divests Company to Charitable Trust

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.

Report: Under Armour Nearing Lifetime Steph Curry Deal

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.

Early Holiday Forecasts Call for Slower Growth

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 Sheds Extended Warranty Operations

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.

Etcetera: Dickies, G-Form

 
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