Slowing H2 sales in China and Japan hurt the apparel maker, which reported 34% lower profits of RMB 3,371,702,000 ($522.8 mm) in 2021, down from RMB 5,106,736,000, on a 4% sales increase to RMB 23,845,006,000 ($3,697.5 mm) against RMB 23,030,648,000.

Net income came in at BRL 288,477,000 ($51.7 mm) against last year’s loss of BRL 4,527,000 on consolidated net revenue up 57%, backing out returns and inter-group eliminations, to BRL 1,683,464,000 ($301.5 mm) over BRL 1,074,033,000 at Brazil’s largest sporting goods retailer and Nike’s distributor there.

The small-market retailer promoted Mike McAbee to SVP, supply chain & store development and Stephani Smith to SVP, merchandising.

The new, 500,000-sq.-ft. distribution facility is located in Aberdeen, MD, in an existing building, which will be renovated with modern material-handling equipment over the next two years.

The Signa Sports United-owned tennis e-tailer is suing Tennispoint.com, a GA-based sports software company, asking for a declaratory judgment of non-infringement over the “Tennis-Point” and “Tennis Point” marks.

K2 filed suit against Ride the Slopes (RTS) in Los Angeles, CA, district court for infringing on its registered Ride trademark for snowboard products and apparel.