Sales at the Swedish outdoor company's brands division, which includes Fjällräven, Royal Robbins, Brunton, and other brands, slipped 3% in the final quarter to €45.7 million.

Yue Yuen announced that its net income attributable to shareholders for 2024 would be up about 55-60% to approximately $439.5 million, but that may be partially offset by disputed taxes owed by its Indonesian subsidiaries.

Net income more than doubled in fiscal Q3 ended Dec. 31 to ¥3,824 million ($25.1 mm) from ¥1,883 million on 27% higher revenue of ¥34,816 million ($228.5 mm) against ¥27,447 million.

Wolverine Worldwide named 18-year company veteran Brett Parent as chief strategy officer, a new position at the Merrell and Saucony parent, overseeing enterprise strategy and the consumer marketing team.

The resale platform, which counts New Balance, The North Face, Fjällräven, and Dr. Martens among its customers, has secured $30 million in Series B funding, led by Energize Capital, bringing its total funding to date to $54 million.

East Mountain Outfitters (dba VelociRax) filed suit in UT district court accusing Australian-based JB Racks Pty of infringing on two patents related to its multiple bike hitch racks.