Our sister publication The Outdoor Industry Compass reported that long-serving CEO Beat Zaugg has been dismissed by Scott’s board of directors, with the full support of majority shareholder Youngone Corporation, which controls the board.

Nike maintained its dominance in the Spring ‘24 edition of Piper Sandler’s Taking Stock with Teens survey, though this season’s report marked the first in several years where the Swoosh lost ground as Hoka, On Running, and New Balance continue to pick up teens’ mindshare in athletic footwear.

Net income at the Japanese retailer tumbled 88% to ¥98 million ($0.7 mm) in the fiscal first half ended Feb. 29 from ¥831 million last year, on 5% lower revenues of ¥28,509 million ($189.8 mm) down from ¥29,413 million.

The ratings agency affirmed Vail Resorts Ba2 corporate family rating and Ba3 rating on its $600 million in senior unsecured notes due 2025, with a stable outlook.

New Balance and Golden Goose USA, Inc. have resolved their infringement dispute over NB’s 990 trade dress, according to a filing in MA district court asking the case be dismissed without prejudice.