Net income was up 8% in the second quarter to $228,907,000 from $212,412,000 on a 4% revenue gain to a quarterly record $1,111,502,000 up from $1,072,367,000 powered by 10% growth from the Crocs brand.

In its first quarterly report since CEO Glenn Chamandy returned from exile after a long proxy battle, GIL’s second quarter profits were pulled down by $57 million of legal and severance expenses related to the protracted fight.

Net income dropped 86% to $5,407,000 from $39,735,000 on 13% lower sales of $348,491,000 down from $400,715,000 for the second quarter.

Net loss narrowed 13% to C$74.0 million from a loss of C$85.0 million on revenue that was up 4% to C$88.1 million from C$84.8 million in the seasonally small fiscal Q1.

Net loss at the Black Diamond parent more than doubled to $5,493,000 from $2,091,000 in the second quarter, on revenues that slipped 3% to $56,484,000 from $57,937,000.

SPWH entered into an asset-backed term loan agreement with Pathlight Capital consisting of a $25 million initial loan and $20 million in delayed draw ABL term loans.

The Consumer Product Safety Commission unanimously voted that the e-commerce giant is responsible for hazardous products sold by third-party sellers on its site.

A FL jury awarded Perry Ellis $8.3 million after finding defendants United Legwear Company, and its wholly owned subsidiary ULC IP Holdings, paid less than the fair market value for the Pro Player brand.

Brompton Bicycle is recalling about 1,111 T-Line foldable bicycles because they can lose alignment between the handlebar and front wheel if the steerer clamp bolts are undertorqued.