A difficult final quarter marked the end of a difficult year for the retailer, as soft consumer demand resulted in sales declining 2% to $370,394,000 from $379,269,000 despite aggressive discounting to work down bloated inventories.

After pushing back some of the goals of its “Lace Up” strategic plan due to a difficult 2023 result, Big Foot expanded on the progress being made in a round table discussion at J.P. Morgan’s Retail Round Up conference.

Long term strategies are paying dividends in shielding the retailer from choppy macroeconomic waters, DKS officials shared at the J.P. Morgan Retail Round Up, with all income demographics still resisting trade-downs and the path clear for guided 1% comp growth in ’24.

BC Partners Credit, the credit arm of alternative asset management firm BC Partners, is providing the football equipment maker with a total of $400 million in convertible preferred equity and debt.

The maker of Aerogel, which counts Merrell and L.L. Bean among its strategic partners, has raised $22 million in Series B funding, led by Airbus Ventures.

The connected fitness company has elevated Mark Phillips to chief marketing officer and Bart Mueller to chief international officer as it aims to broaden its international presence and increase awareness of new product offerings.

GPRO filed a complaint with the International Trade Commission seeking to block the importation of certain cameras, camera systems, and accessories that it says infringe on its patents.