Net income slipped lower by 2% in the fiscal first quarter ended June 30 to $57,120,000 from $58,100,000 on a consolidated basis, on 7% lower revenues of $644,181,000 against $693,333,000.

The bottom line dived 89% to $1,622,000 from $14,801,000 in the fiscal third quarter ended June 28, on revenues that were down 8% to $172,472,000 from $187,047,000, driven by low demand for outdoor recreation products.

Adidas’ executive board member for global operations, Martin Shankland is leaving The Big a effective Aug. 10, after 27 years with the brand.

The German winter sport apparel brand is elevating Daniel Hiendlemeier, chief impact officer since May 2023, to succeed Gerrit Schneider as CEO at the end of 2024.

NICS FBI background checks, as adjusted by the NSSF, jumped 4% last month to 1,064,790 from 1,023,903, the first year-over-year increase in 2024.

The cycling apparel brand hired current Belstaff chief, Fran Millar as its new chief executive officer, effective Sep. 23.

The Peachtree Corners, GA-based suppressor maker’s board elevated Kyle Grob, the company's founder and chief technology officer for the past six years, to president.