Everlast (NASDAQ:EVST)
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From Jun 2019 to Jun 2024
Everlast® Worldwide Inc. (NASDAQ: EVST),
manufacturer, marketer and licensor of sporting goods, apparel,
footwear, and other active lifestyle products under the Everlast brand
name has signed a worldwide license agreement with The International
Boxing Association (AIBA) to be an official licensee for competition
gloves and headgear. This four year agreement will allow Everlast gloves
and headgear to be used around the world in key boxing tournaments such
as the Olympics, the World Championships, and Olympic qualifying events
as well as in AIBA sanctioned international boxing competitions.
According to Everlast’s Chairman, President
and CEO, Seth Horowitz, “We are very happy to
have signed this agreement with AIBA and reaffirm our position as a
leading brand in the sport of Boxing. The use of our products by AIBA
will provide all of the athletes with the strength and durability they
need to excel in competition.”
According to AIBA President Dr. Chung-Kuo, “AIBA
is thrilled to collaborate with an authentic and famous boxing brand
such as Everlast. This partnership was developed knowing that the
quality of the Everlast product and the strength of the brand will help
to foster the growth of boxing as a dominant sport on a global level,
particularly emphasizing its potential within the Olympic Movement.”
About the International Boxing Association
The International Boxing Association (AIBA) is a non-profit making
international organization, which was founded under the name Federation
Internationale de Boxe Amateur (FIBA) in 1920. In 1946 a new start was
given with the launch of AIBA to replace the dissolved FIBA and now,
more than 60 years later, AIBA, with its 195 member federations,
continues to govern the sport of Boxing, working for the benefit of the
sport and all its participate, to help Boxing relies its potential
within the Olympic Movement and the international sporting arena. For
more information please visit www.aiba.org.
About Everlast Worldwide Inc.
Everlast Worldwide Inc. is a leading designer, manufacturer and marketer
of boxing and fitness related sporting goods equipment under the
well-recognized Everlast brand name and a worldwide licensor of the
Everlast brand for apparel, footwear, sporting goods equipment and other
active lifestyle products and accessories. Since 1910, Everlast has been
the preeminent brand in the world of boxing and among the most
recognized brands in the overall sporting goods and apparel industries.
In order to capitalize on the rich heritage and authenticity of the
Everlast brand, the company has extended the Everlast brand outside of
the boxing ring into complementary product categories. Our strategy is
to continue to leverage the unique qualities represented by the Everlast
brand—Strength, Dedication, Individuality and
Authenticity — to become a leading global
athletic brand and a necessary part of the lives of consumers who train,
compete and live an active lifestyle.
Statements made in this Press Release that state the intentions,
beliefs, expectations or predictions of Everlast Worldwide, Inc. and its
management for the future are forward-looking statements. It is
important to note that actual results could differ materially from those
projected in such forward-looking statements. Information concerning
factors that could cause actual results to differ materially from those
in forward-looking statements is contained from time to time in filings
of Everlast Worldwide with the U.S. Securities and Exchange Commission,
including the annual report on Form 10-K under the heading “Risk
Factors.” Copies of these filings may be
obtained by contacting Everlast Worldwide or the SEC.