Having retaken the reins six weeks ago after an early exit by Stephanie Linnartz, Under Dog founder and now again CEO, Kevin Plank pledged to return to fundamentals in an 18-month plan to reconstitute Under Armour’s brand strength.

Net income bounded back to C$7.6 million ($5.1 mm) from last year’s loss of C$10 million on revenue that was up 22% to C$358.0 million ($238.3 mm) over C$293.2 million in the fiscal fourth quarter.

Net income grew 21% at the Japanese racquet sports and golf brand to ¥116,442 million ($59.7 mm) against ¥7,331 million as the weakened yen helped revenues grow 9% to a record high ¥116,442 million ($785.0 mm) from ¥107,019 million for the fiscal year ended Mar. 31.

Profits were down 10% in FY24 ended Mar. 31 to ¥810 million ($5.5 mm) from ¥905 million, on 4% higher revenues to ¥51,957 million ($350.3 mm) against ¥49,887 million.

The Czech firearms brand and Colt parent completed the acquisition of ammunition maker Sellier & Bellot for a total price of $703 million, net of debt.

The U.K.-based retailer of new and used authentic soccer jerseys landed a $38.5 million equity investment from The Chernin Group to power global expansion.

Converse, a subsidiary of Nike, is set to cut an unspecified number of staff jobs as part of the Eager Beavertons’ $2 billion cost-saving initiative, according to multiple sources.

New Balance and plaintiffs accusing it of misrepresenting its “made in the USA” sneakers jointly stipulated that all claims were dismissed with prejudice.