Everlast (NASDAQ:EVST)
Historical Stock Chart
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 Spalding®
that will allow Everlast rights to incorporate Spalding’s
patented INFUSION® Micro Pump®
technology into its speed bags and double-end bags used for boxing and
fitness training.
Spalding introduced INFUSION® basketballs with
built-in Micro Pumps in 2001, successfully revolutionizing the entire
sporting goods industry. The self-contained air control mechanism allows
sports balls to be inflated and deflated at any time without pumps and
air needles, so that they are always ready for use. These built-in pumps
will be available in Everlast speed bags and double end bags in the
second quarter of 2007 at sporting goods stores and online retailers
worldwide.
These two iconic brands both who are long time leaders of innovation,
quality and authenticity in the sporting goods industry have come
together to create a fitness product that keeps up with the changing
technology of the sports industry and adjusts to the growing needs of
the Everlast consumer.
Bob Llewellyn, Director of Consumer Marketing of Spalding explains, “Spalding
is excited about the inclusion of its INFUSION technology within
Everlast's inflated products. We see this as a natural extension of our
technology and a perfect fit for Everlast. The built-in Micro Pumps
revolutionized the basketball category, and we anticipate a similar
reaction within the sport of boxing.”
According to Everlast’s Chairman, President
and CEO, Seth Horowitz, “We are constantly
looking for ways to improve upon the design and utility of our boxing
equipment. We believe the addition of Spalding’s
INFUSION® Micro Pump®
technology is a tremendous innovation for our speed bags and double-end
striking bags, and we’re thrilled to be
working with the Spalding team to develop a product to reinforce our
leadership position in the world of boxing and fitness training and
enhance customer and consumer satisfaction.”
About Spalding
As a Division of Russell Corporation, the Spalding Group consists of
three business units: Spalding in Springfield, MA; American Athletic,
Inc. (AAI) in Jefferson, IA; and Huffy Sports, in Sussex, WI. The three
companies, collectively combined, are now the largest basketball
equipment supplier in the world. Spalding is the official basketball
supplier of the National Basketball Association (NBA) and Women's
National Basketball Association (WNBA), the official backboard of the
NBA and NCAA, the official volleyball of the King of the Beach
Volleyball Tour and the official football of the Arena Football League
(AFL) and Pop Warner. Committed to product innovation, Spalding
introduced INFUSION®, the inflatable
technology into its basketballs in 2001. INFUSION was the first ball on
the market to feature a self contained air control mechanism. Since its
introduction, millions of players across the globe have used INFUSION
and are always ready to play. With built-in Micro Pumps, each INFUSION
can be inflated or deflated at any time without the need for separate
pumps or needles. For more information, visit www.spalding.com.
About Everlast Worldwide Inc.
Everlast Worldwide Inc. manufactures markets and licenses sporting
goods, apparel, footwear and other active lifestyle products under the
Everlast brand name. Since 1910, Everlast has been the preeminent brand
in the world of boxing and is among the most dominant brands in the
overall sporting goods and apparel industries. Over the past 96 years,
Everlast products have become the “Choice of
Champions™”,
having been used for training and professional fights by many of the
biggest names in the sport. Everlast is the market leader in nearly all
of its product categories, responsible for leading eight of the top ten
boxing equipment products in sales. In addition to producing and
marketing the equipment and accessories, Everlast Worldwide Inc.
licenses its brand to providers of men’s and
women’s sportswear and active wear, children’s
wear, footwear, watches, cardiovascular exercise equipment, nutritional
foods and gym/duffel bags to name just a few categories. The company’s
Web site can be found at http://www.everlast.com.
Statements made in this Press Release that are estimates of past or
future performance are based on a number of factors, some of which are
outside of the Company's control. 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. Copies of these filings may be
obtained by contacting Everlast Worldwide or the SEC.
Everlast(R) 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 Spalding(R) that will allow Everlast
rights to incorporate Spalding's patented INFUSION(R) Micro Pump(R)
technology into its speed bags and double-end bags used for boxing and
fitness training.
Spalding introduced INFUSION(R) basketballs with built-in Micro
Pumps in 2001, successfully revolutionizing the entire sporting goods
industry. The self-contained air control mechanism allows sports balls
to be inflated and deflated at any time without pumps and air needles,
so that they are always ready for use. These built-in pumps will be
available in Everlast speed bags and double end bags in the second
quarter of 2007 at sporting goods stores and online retailers
worldwide.
These two iconic brands both who are long time leaders of
innovation, quality and authenticity in the sporting goods industry
have come together to create a fitness product that keeps up with the
changing technology of the sports industry and adjusts to the growing
needs of the Everlast consumer.
Bob Llewellyn, Director of Consumer Marketing of Spalding
explains, "Spalding is excited about the inclusion of its INFUSION
technology within Everlast's inflated products. We see this as a
natural extension of our technology and a perfect fit for Everlast.
The built-in Micro Pumps revolutionized the basketball category, and
we anticipate a similar reaction within the sport of boxing."
According to Everlast's Chairman, President and CEO, Seth
Horowitz, "We are constantly looking for ways to improve upon the
design and utility of our boxing equipment. We believe the addition of
Spalding's INFUSION(R) Micro Pump(R) technology is a tremendous
innovation for our speed bags and double-end striking bags, and we're
thrilled to be working with the Spalding team to develop a product to
reinforce our leadership position in the world of boxing and fitness
training and enhance customer and consumer satisfaction."
About Spalding
As a Division of Russell Corporation, the Spalding Group consists
of three business units: Spalding in Springfield, MA; American
Athletic, Inc. (AAI) in Jefferson, IA; and Huffy Sports, in Sussex,
WI. The three companies, collectively combined, are now the largest
basketball equipment supplier in the world. Spalding is the official
basketball supplier of the National Basketball Association (NBA) and
Women's National Basketball Association (WNBA), the official backboard
of the NBA and NCAA, the official volleyball of the King of the Beach
Volleyball Tour and the official football of the Arena Football League
(AFL) and Pop Warner. Committed to product innovation, Spalding
introduced INFUSION(R), the inflatable technology into its basketballs
in 2001. INFUSION was the first ball on the market to feature a self
contained air control mechanism. Since its introduction, millions of
players across the globe have used INFUSION and are always ready to
play. With built-in Micro Pumps, each INFUSION can be inflated or
deflated at any time without the need for separate pumps or needles.
For more information, visit www.spalding.com.
About Everlast Worldwide Inc.
Everlast Worldwide Inc. manufactures markets and licenses sporting
goods, apparel, footwear and other active lifestyle products under the
Everlast brand name. Since 1910, Everlast has been the preeminent
brand in the world of boxing and is among the most dominant brands in
the overall sporting goods and apparel industries. Over the past 96
years, Everlast products have become the "Choice of Champions(TM)",
having been used for training and professional fights by many of the
biggest names in the sport. Everlast is the market leader in nearly
all of its product categories, responsible for leading eight of the
top ten boxing equipment products in sales. In addition to producing
and marketing the equipment and accessories, Everlast Worldwide Inc.
licenses its brand to providers of men's and women's sportswear and
active wear, children's wear, footwear, watches, cardiovascular
exercise equipment, nutritional foods and gym/duffel bags to name just
a few categories. The company's Web site can be found at
http://www.everlast.com.
Statements made in this Press Release that are estimates of past
or future performance are based on a number of factors, some of which
are outside of the Company's control. 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. Copies of these filings may be obtained by contacting
Everlast Worldwide or the SEC.