|
January 23, 2025 Nike’s Outlook is Negative, Moody’s Says
The ratings agency sees a significant operating income drop in the near future for the Swoosh, prompting an outlook downgrade to negative from the stable guidance that has held since Jan. 2022. Report: Adidas Cutting 500 Headquarters Jobs
The Big a is downsizing staff at its Herzogenaurach HQ, laying off up to 500 employees or up to 10% of the total workforce there, according to multiple reports in mainstream business media. Golf Participation Up 5% Last Year
The number of total golfers playing on- and off-course grew 5% last year to 47.2 million from 45.1 million in 2023, and had a +38% pre-pandemic comp to 2019, while on-course golf participation was up 6% to 28.1 million from 26.6 million, according to National Golf Foundation research. Crocs Hit with Shareholder Suit
The clogmaker was hit with a proposed class action suit filed in DE district court by Michael Anthony Carretta, naming CEO Andrew Rees, former CFO Anne Mehlman, and current CFO Susan Healy as defendants. Patagonia Sued over Reference Pricing
The outdoor apparel company is being sued by Joshua Orona in a proposed class action filed in CA district court, accusing it of deceptively advertising prices on merchandise for sale on its e-commerce platform. CPSC Recalls: GiantMouse Knives, TPBOR Helmets
GiantMouse is recalling about 600 GM12 and GMP12 button-lock folding knives because the locking mechanism on the knives can fail during use. Etcetera: Bass Pro, United Sports Brands, Solo Brands, Adidas, On Running
|
