A CHF 17 million foreign exchange benefit helped On Holding to a CHF 14,344,000 ($15.5 mm) profit in the first quarter from a loss of CHF 10,452,000 last year, as revenues surged 68% to CHF 235,681,000 ($255.3 mm) from CHF 140,393,000.

Global footwear companies are expecting rising prices and pairs sold in the back half of 2022, according to World Footwear’s latest Business Conditions Survey conducted last month.

Flattening sales in Japan and the Americas was more than offset by gains elsewhere to send Globeride revenues up 9% in the fiscal fourth quarter to ¥27,007 million ($232.4 mm) from ¥24,888 million, and net income up nearly six fold to ¥711 million ($6.1 mm) from ¥123 million.

Sales at Sumitomo Rubber Industries sports brands improved 27% in the Mar. quarter to ¥29,685 million ($255.5 mm) from ¥23,327 million, generating operating profit of ¥3,980 million ($34.3 mm), up 61% from ¥2,468 million last year.

Net income in the Japanese sporting goods company’s final quarter doubled to ¥263 million ($2.3 mm) from ¥129 million, on 10% higher sales of ¥11,585 million ($99.7 mm) vs. ¥10,555 million.

Sporting goods/hobby/book and music store adjusted sales dropped in Apr. for the second straight month, falling 5% to $8,917 million from $9,427 million, according to Commerce Dept. data.

The manufacturer and international distributor of technical climbing equipment is unifying its organization and products, including the eGrips brand, under the name Trango.

The outdoor equipment and shooting accessories company acquired Inforce, the manufacturer of lights for rifles, handguns, and accessories.