Another strong performance from the Japanese sportswear brand saw net income soar 47% to ¥22,721 million ($152.4 mm) in Q3 from ¥15,484 million as revenues increased 16% to ¥183,255 million ($1,228.8 mm) from ¥158,026 million.

Net income dipped 5% to ¥2,962 million ($19.9 mm) in the fiscal second quarter ended Sep. 30 from ¥3,112 million a year ago, but revenues ticked up 3% to ¥58,830 million ($394.6 mm) from ¥57,330 million.

The luxury sneaker brand’s revenue grew 12% in the first nine months of 2024 to €466 million ($512.1 mm), driven by direct-to-consumer, which was up 18% year-over-year, and gains in the Americas (+37%) and EMEA (+14%).

The performance athleisure brand landed another big investment round led by General Atlantic and Stripes, along with other participating investors, structured as a secondary tender offer.

The water-free and PFAS-free textile finishing company has closed a $6 million Series C funding round, led by Pangaea Ventures and Cottonwood Technology Ventures.

Retail imports increased 13% in Sep. to 2.29 million Twenty-Foot Equivalent Units according the NRF and Hackett Associates’ Global Port Tracker, but numbers are likely to jump in the coming months as brands sourcing in China look to get ahead of the incoming Trump Administration’s trade policy.

The online sneaker and apparel marketplace elevated its co-founder, president and COO, Greg Schwartz to CEO, effective Jan. 1, succeeding Scott Cutler who will remain as an advisor.