Everlast

Its name carries the weight of a storied past and the prospects of a knockout future. Everlast Worldwide is a manufacturer, marketer are licensor of sporting goods and apparel under the Everlast brand name. The company, which is best known for its boxing products, is the official equipment supplier of undisputed middleweight champions, but it started as a swimwear manufacturer in 1910. But the company took off when it got into boxing and continues to be an innovator in the sport. In July 1992, the company began producing women s activewear. In October 2000, Active Apparel Group acquired Everlast in a deal valued at $60 million. Since the acquisition, Everlast Worldwide manufactures all boxing and fitness equipment and owns all worldwide licensing rights to the prominent brand. In November 2005, the company reported its financial results for the third quarter, which included record net revenues from continuing operations of more than $12.6 million during the quarter a 13 percent increase from the same period in 2004. Everlast Worldwide is headquartered in New York City and has production facilities in Moberly, Mo.