Sports goods firm Everlast Worldwide said it received approval to list its securities on the Nasdaq Global Market, effective with the opening of business yesterday (16 January).

The company will continue to trade under the EVST trading symbol. It was previously listed under the Nasdaq Capital Market (formerly the Nasdaq Small Cap Market).

Everlast president and CEO Seth Horowitz said: "We are thrilled to be moving up to the Nasdaq Global Market, which should increase our visibility within the financial community and provide investors with greater access to our shares and information about Everlast.

"This move is consistent with the growth we've demonstrated as a company and as a brand."

Everlast manufactures, markets and licenses sporting goods under the Everlast brand name.