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, today
announced the signing of a two-year sponsorship and licensing agreement
with U.S. Amateur Boxing, Inc. (USA Boxing), the National Governing Body
for the sport of amateur boxing. Under the terms of the agreement,
Everlast will be the exclusive boxing equipment supplier for USA Boxing
and its athletes for all USA Boxing and International Amateur Boxing
Association (AIBA) sanctioned tournaments, world competitions, Olympic
trials, and camps for the Men’s, Women’s,
and Junior Olympic programs. Everlast boxing equipment will be used at
all USA Boxing-sponsored events and shows in preparation for the
upcoming Olympic Games in 2008.
In addition to signage at various events and print advertising, Everlast
will further support USA Boxing and its athletes as they work to build a
competitive U.S. Olympic Boxing Team for the 2008 Olympics in Beijing
through promotional campaigns at various retailers, co-branded packaging
on Everlast equipment, various print publications including the Everlast
catalog, internet and live boxing events.
Seth Horowitz, Chairman and CEO of Everlast Worldwide Inc., said, “We
are very proud to continue our longstanding relationship with USA
Boxing. The collaboration between Everlast and USA Boxing is especially
appropriate given our collective and unmatched history in the world of
boxing. We are thrilled to support USA Boxing and complement its efforts
in promoting the growth of amateur boxing while at the same time
furthering our commitment to enhancing the authenticity of the Everlast
brand name.”
Added John Stavros, Executive Director of USA Boxing, “Everlast
has consistently demonstrated its commitment to USA Boxing by providing
quality products that help prepare the USA Boxing athletes for intense
competition. We are excited to have signed this exclusive agreement
which will ensure their continued support and look forward to having the
Everlast brand assist us in promoting the sport of amateur boxing.”
About USA Boxing
USA Boxing, as the national governing body for Olympic-style boxing, is
the United States' member organization of the International Amateur
Boxing Association (AIBA). As national governing body, USA Boxing is
responsible for the administration, development and promotion of
Olympic-style boxing in the United States. USA Boxing is a non-profit
organization and is thus overseen by a Board of Directors. With its
headquarters in Colorado Springs, Colo., USA Boxing sponsors a host of
programs – from developing the sport and its
athletes at the local, regional, and national levels, to sponsoring
national and international dual competitions and selecting teams for
international events, including the Olympic Games, World Championships,
and Pan American Games. USA Boxing, formerly known as the United States
Amateur Boxing Federation, has governed men's amateur boxing in the
United States since 1888. USA Boxing sponsors not only national and
international competitions, but also clinics and training camps to help
athletes and coaches learn international techniques.
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.