January 24, 2025 KMD Brands’ Sales Declines Moderate
The Rip Curl, Kathmandu, and Oboz parent said that sales for the five months ended Dec. 24 ticked down 2.5%, as wholesale continues its struggles, partially offset by improving direct-to-consumer. China Dongxiang Sales Momentum Slows in Q3
Revenues at Kappa and Kappa Kids stores in China recorded a mid-single-digit decline in China Dongxiang's fiscal third quarter ended Dec. 31, and year-to-date sales were down mid- to high-single digits. Megabass Partners with PE Firm
The Japanese fishing equipment manufacturer is partnering with investment firm L Catterton to support its continued expansion in Japan and the US, Megabass’ two largest markets.
The textile-to-textile regeneration company helmed by former Under Armour CEO, Patrik Frisk, has added several new hires to its management team. Fitbit Will Pay $12.25 Million Civil Penalty
The Google-owned fitness band maker has agreed to settle Consumer Product Safety Commission claims against it by paying a $12.25 million civil penalty. Delta Galil Buys Delta Apparel IP
The Israel-based underwear maker will pay $175,000 for bankrupt Delta Apparel's remaining assets, which include its brand, domain names, social media accounts, and other intellectual property. Etcetera: Wolverine, Asics, Norco, Descente
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