While its major Western competitors continue to struggle in the PRC, the Chinese sportswear giant posted another standout result, with revenue increasing by 13% to RMB 80,219,000 ($11,230.7 mm) last year, up from RMB 70,826,000.

Net income in the final quarter more than doubled to CZK 717,126,000 ($34.4 mm) from CZK 335,918,000, though sales slipped 1% to CZK 7,327,780,000,00 ($351.3 mm) from CZK 7,403,897,000, mainly due to the U.S. government shutdown.

On Holding announced a shakeup at the highest level, with CEO and CFO Martin Hoffman stepping down, and ONON founders and current executive co-chairmen David Allemann and Caspar Coppetti taking over as co-CEOs, effective May 1.

The parent company of Rip Curl, Kathmandu, and Oboz halted trading of its shares on the ASX and NZX, confirming it is pursuing a capital raise with a group of investors.

After several rounds of dueling press releases over RGR’s board composition and strategic direction, the Italian gunmaker is suggesting it might put more of its money where its mouth is, with an offer to buy up to 20.05% of RGR shares for about a 20% premium.

The Laval, QC-based watersports company inked an agreement to acquire KL Outdoor for undisclosed terms, aiming to expand Pelican’s North American footprint.

The Baltimore, MD-based maker of cleated footwear with a proprietary SmartStuds injury-reducing technology secured strategic investments from the former Super Bowl champion and NWSL defender.

Nike, Fanatics, and the Chicago White Sox were hit with a suit in IL state court brought by MLB Hall of Famer Frank Thomas for the unauthorized use of his name and number on City Connect 2.0 jerseys.

The Eager Beavertons were hit with a proposed class action in OR district court, accusing them of failing to adequately protect private information during a Jan. cyberattack.