Phase 1 of the company’s turnaround plan is underway with a record slate of new product introductions set for 2025, first-year CEO Chris Metz shared at the Southwest IDEAS Conference, following extensive consumer research this year.

The industrial yarn and footwear component supplier said that sales improved 10% (+11% CC) for the three months ending Oct. 31, with apparel increasing 13% and footwear up 15%, partially offset by weakness in performance materials, which was down 1%.

S&P Global cut its issuer credit rating on Great Outdoors Group, parent company of Bass Pro and Cabela’s, to BB- from BB, citing soft consumer spending and particularly weak operating performance in the company’s Marine segment.

TJX’s outdoor banner grew its fleet by another eight locations last quarter, ending with 109 doors covering about 2.3 million sq. ft., along with its e-commerce business.

The Big Cat opened its one million square foot warehouse and distribution center outside of Phoenix, AZ, aimed at doubling its daily order capacity from 100,000 to 200,000.

The Finnish smart ring maker teamed up with Dexcom, the glucose biosensing system, with the latter making a strategic $75 million investment in Oura at a more than $5 billion valuation.