The embattled Vans and The North Face parent has extended an olive branch to activist investors with the appointment of fashion veteran Caroline Brown to its board.

SCVL will pay $45 million from its cash on hand to acquire Rogan Shoes, a 53-year-old family-owned work and family footwear retailer with 28 stores in Wisconsin, Minnesota, and Illinois.

The Chinese sportswear giant is planning its official debut here of Kyrie Irving’s KAI 1 signature shoe and collection, with a media campaign coming later this quarter.

The Daiwa fishing and golf parent company saw net income tumble 50% to ¥1,124 million ($7.8 mm) from ¥2,210 million in the fiscal third quarter ended Dec. 31, as revenues declined 9% to ¥28,612 million ($198.1 mm) from ¥31,538 million.

Sumitomo Rubber’s sports division revenues grew 10% to ¥29,391 million ($198.8 mm) from ¥26,676 million last year, driven by solid golf demand in North America and South Korea thanks to good performances from its contract golf players, and the launch of its 13th generation XXIO clubs.

The Tennis Industry Association is rebranding as the Racquet Industry Research Group as it aims to provide comprehensive research and data beyond tennis, by expanding into other racquet sports such as pickleball and padel.