November 3, 2013- Chegg, the Student Hub, today announced that it is teaming up with Fanatics, a leading online retailer of officially licensed sports merchandise, to deliver a broad assortment of college gear to more students and recent grads. Through the partnership, officially licensed school-branded apparel will be available for sale through Chegg. The students, parents and recent grads that use Chegg will receive special offers and deals on their favorite merchandise from their schools and alma maters, with Fanatics fulfilling the orders.
“Combining the reach and brand of Chegg with the massive selection and fulfillment capabilities of Fanatics means we’ll be able to deliver more delight to more students, parents and recent grads than ever before,” said Mitch Spolan, EVP of Sales for Chegg. “Students win with better deals and selection and schools win through wider distribution of their branded and licensed merchandise; and everybody’s happier showing a little more school spirit.”
“We are extremely excited to partner with Chegg to deliver a better shopping experience for college merchandise to millions of current students, along with millions more recent grads who have a strong affinity for their alma maters,” said Brian Swallow, SVP, Strategy and Business Development for Fanatics.
Terms of the partnership were not disclosed. To shop for merchandise from your school, visit Chegg.com.
Chegg puts students first. As the leading student-first connected learning platform, the company makes higher education more affordable, more accessible, and more successful for students. Chegg is a publicly-held company based in Santa Clara, California and trades on the NYSE under the symbol CHGG. For more information, visit www.chegg.com.
This press release contains forward-looking statements made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995, which include, without limitation those regarding the expected outcomes of the partnership with Fanatics. These statements are not guarantees of future performance, but are based on management’s expectations as of the date of this press release and assumptions that are inherently subject to uncertainties, risks and changes in circumstances that are difficult to predict. Forward-looking statements involve known and unknown risks, uncertainties and other factors that may cause actual results, performance or achievements to be materially different from any future results, performance or achievements. Important factors that could cause actual results to differ materially from those expressed or implied by these forward-looking statements include unexpected challenges relating to the partnership. These and other important risk factors are described more fully in documents filed with the Securities and Exchange Commission, including Chegg’s Form 10-Q for the quarter ended June 30, 2014, and could cause actual results to vary from expectations. All information provided in this release is as of the date hereof and Chegg undertakes no duty to update this information except as required by law.
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