Stages parent Foundation Fitness has entered into a prepetition asset purchase agreement with Spia Cycling Inc., according to Foundation’s latest bankruptcy filing in the District of Nebraska, with outside sources naming the purchaser as a burgeoning division of Giant.

While the planned sale of VSTO’s Kinetic Group ammunition business to Czechoslovak Group is still waiting for CFIUS approval, a report from Politico citing inside sources says that the Justice Department may open an antitrust probe.

After opening two U.S. stores and two Canadian stores with partner Jaytex Group in 2023, the Maine-based retailer plans to open four new domestic stores this year.

Bologna, Italy-based teamwear brand Macron has opened a 22,000-sq. ft. U.S. headquarters in Bridgeport, CT, that includes a warehouse with a capacity of around 300,000 items, an office area and two showrooms for its Teamwear and Performance collections.

FL unveiled its new FLX Rewards loyalty program, a key component of its “Lace Up” strategic plan, following its successful pilot in Canada last year which saw higher engagement with first-time redeemers, increased average order values, and higher units per transaction.

The Swedish software-as-a-service firm has unveiled a new AI-powered update to its Forced Labor Prevention Solution to screen data directly from suppliers and create a digital chain of custody, which includes screening for risk against the US Customs and Border Protection entities list.

Birkenstock Holding and an entity affiliated with L Catterton are offering 14 million shares of BIRK ordinary stock, according to an SEC filing, but the German sandal maker will not be selling any shares nor receive any proceeds from the offering.

The Gainline Capital Partners-backed fitness equipment company scored an undisclosed investment from Franklin Square.