VSTO suitor MNC Capital, which wants to acquire the entire company, has upped its offer to $42.00 per share from $39.50, in an attempt to entice shareholders to block Czechoslovak Group’s Kinetic Group acquisition at next week’s special meeting.

The Chinese sportswear maker saw a loss of RMB639,359,000 ($90.3 mm) over last year’s RMB 114,997,000 profit for the fiscal year ended Mar. 31 on revenue that was up 4% to RMB 1,744,023,000 ($246.2 mm) over RMB 1,678,916,000.

Two Adidas China employees, who worked in marketing, have left the company as a result of the Three Stripes investigation into an alleged embezzlement ring within its Greater China marketing management.

The Seawall Capital-owned watersports and outdoor gear company appointed former CEO of Next Level Apparel, Randy Hales as its new chief.

The maker of performance footwear textiles has developed a UV printing technology that it says allows finished garments and shoes to be printed in a 360 degree format.

Losing its appeal to 3rd U.S. Circuit Court in Philadelphia, SWBI will have to comply with a subpoena from the state of New Jersey in a lawsuit accusing the gunmaker of violating its Consumer Fraud Act.