The Italian brand’s sales totaled €304 ($329 mm) million in 2023, inching down from €305 million as it terminated some commercial partnerships to focus on its core categories: running, tennis and soccer.

The Indonesian retailer saw net income inch up 8% to IDR 283,405 million ($18.1 mm) in the first quarter from IDR 262,294 million, on a 36% increase in revenues to IDR 3,693,122 million ($236.4 mm) up from IDR 2,724,180 million.

RCKY upsized, amended and extended debt facility with Bank of America includes a $175 million revolver and a $50 million term loan, which was used to retire its existing term loan facility from TCW Asset Management.

The outdoor apparel brand provided $20 million in seed funding launch the new, independent nonprofit, that will operate as a 501(c)(3) that can also receive contributions from other donors.

Several female employees are suing the down under retailer over alleged governance breaches, including a secret romance between its CEO Anthony Heraghty and a former chief human resources officer.

Sterling Partners-backed Velo USA is liquidating inventory of its Planet Cyclery and Colorado Cyclist operations, in a sale that is being facilitated by B. Riley’s retail, wholesale and industrial solutions group.