AXIL Brands and NASCAR Renew Product License Agreement Through 2027
Wednesday, 11th December at 8:00 am
LOS ANGELES, Dec. 11, 2024 (GLOBE NEWSWIRE) -- AXIL Brands, Inc. ("AXIL" or the "Company") (NYSE: AXIL), an emerging global consumer products company for AXIL® hearing protection and enhancement products and Reviv3® hair and skin care products, announces the extension of its product licensing agreement with NASCAR through 2027.
Under the terms of the agreement, AXIL will produce and sell NASCAR-branded earbuds, earmuffs, hearing devices, ear plugs, and outdoor speakers through NASCAR venues and distribution channels across the U.S., Puerto Rico, and Canada, as well as U.S. military bases worldwide.
"The extension of our licensing agreement with NASCAR further strengthens our partnership with one of the most iconic names in recreation and motorsports and creates significant opportunities to introduce our products into a wider market and demographic," commented Jeff Toghraie, AXIL's Chief Executive Officer. "NASCAR is a brand that is synonymous with passion, performance, and innovation, and this partnership underscores our shared commitment to delivering high-quality hearing protection and enhancement products and exceptional experiences to NASCAR fans. We look forward to our continued partnership and bringing even more entertainment value to the passionate NASCAR community."