While its results in the final quarter and full-year 2023 were impacted by pre-IPO expenses, onerous finance payments and other one-time events, newly public Amer Sports is guiding for low-double-digit to mid-teens annual sales growth over the long term, and expanding margins above and below the line.

The post-pandemic home fitness crash has claimed another victim, as the former Nautilus filed for Chapter 11 protection in U.S. bankruptcy court in NJ, seeking approval of a $37.5 million asset sale agreement with WI-based Johnson Health Tech Retail, Inc., who will serve as the stalking horse bidder in an April auction.

Weyco’s outdoor and wet weather shoe brand finished the year down 31% from record sales in 2022, as the market remained saturated with excess product for most of the year.

The Big a is launching the Adidas Foundation, which is aimed at the company’s commitment to making a meaningful impact on the community, and is centered around core pillars of People, Planet and Relief.