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January 09, 2025


Port Strike Averted with Tentative Deal

Negotiators for the International Longshoremen’s Association and United States Maritime Alliance have agreed to terms of a new six-year master contract less than a week before the union’s strike deadline would have hit East Coast and Gulf ports.

Stella Bounces Back in 2024

Hong Kong-based footwear maker Stella Int’l.’s sales slipped 1% in the final quarter to $377.7 million from $380.3 million, but grew 4% for the full year to $1,504.5 million from $1,454.3 million.

Xtep Sales Grow in Q4

The Chinese sportswear brand said its retail sell-through increased high-single digits for the fourth quarter, noting the retail discount level was around 25-30% this year, on par with last year.

Riddell Bolsters Key Leadership

Following Allison Boersma’s appointment as CEO at the beginning of the year, Riddell elevated Thad Ide to chief product officer and Michael Oller to EVP of revenue and customer experience.

Crocs Sues HobiBear

CROX and its subsidiary, Jibbitz, filed suit in S. NY district court accusing Jinjiang Hobibear of infringing on its trade dress and patents with its copycat clogs.

Etcetera: Mammut, Banshee Brands, Otis Technology, Nike, Adidas, On Running

 
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