Net income for the fiscal year ended July 31 fell 40% to NZ$36,828,000 ($23.9 mm) at the company formerly called Kathmandu, down from NZ$61,345,000 last year, while net sales increased 6% to NZ$979,802,000 ($636.6 mm) from NZ $922,792,000.

In its first sports participation survey in three years, the National Federation of State High School Association reported that there were 7,618,054 total sports participants during the 2021-22 school year, down 4% from 2018-19, though high school athletic activities are ramping-up across the country after the pandemic.

The Athleta parent is laying off some corporate staff at its San Francisco and New York offices, and Asia, according to a report in the Wall Street Journal, with the balance made up by eliminating open positions.

The pull market in ammunition that began during the pandemic is now apparently coming to an end, as “overfilled” inventories have caused orders to slow at Olin Corp.’s Winchester division.

CROX and WMT have resolved their patent infringement dispute over copycat clogs, according to a filing in CO federal court asking the case be dismissed with prejudice.