The Big Cat pre-announced full-year net income of €282 million ($307 mm), an 8% decline from last year’s €305 million profit, on 3% (+4% constant currency) top-line growth to €8,817 million ($9,584 mm).

A 10% China tariff is now on the slate for the Feb. 1 timeline President Trump rolled out Monday for the imposition of 25% levies on Mexico and Canada, based on comments he made to reporters Tuesday.

Laughton, who is currently Nike’s head of global direct-to-consumer, will take the reins as president of the outdoor co-op on Feb. 3, then assume full CEO responsibilities after a two-month transition period.

The 25-year-old sneaker boutique filed for bankruptcy at the Swedish Companies Registration Office in Stockholm, hit with global competition, rising interest rates, high inflation, and softening demand for exclusive limited-edition footwear.

The Park City-based winter sports helmet and goggle maker tapped industry veteran Mark Cavanaugh as CEO, succeeding Steven Bellefeuille.

Lawlor was previously VP of business development overseeing commercial and retail segments, and has been with JHT’s north of the border operation since it was launched in 2015.

ARVA is voluntarily recalling an unspecified number of Neo BT Pro avalanche beacons because an isolated issue can result in abnormal battery consumption, which causes the devices to become inactive.