The bottom line swung to a loss $2,418,000 loss compared to $3,073,000 in profit on revenue that was down 8% to $295,420,000 from $321,021,000 in Q4.

The company started in 2019 by First Team Sports founder Dave Soderquist has received a new investment led by Elysian Park Ventures, with participation from other athletes and private investors, including Wayne Gretzky.

The N.A. arm of Outdoor & Sports Company Limited, based in Manchester, U.K., has elevated Bill Supple to managing director for North America.

The family-owned gun optic maker has tapped Patrick Kisgen as president, where he’ll guide overall strategic direction and oversee operations at its Richmond Hill, GA manufacturing facility and headquarters.

Coats Group has opened a new, 270,000-sq.-ft performance yarns manufacturing facility in Toluca, Mexico, to serve its customers in North and Latin America, and other export markets.

Delaware Chancery Court has dismissed with prejudice a 2022 shareholder derivative lawsuit over senior management’s personal use of Skechers’ aircraft.