February 18, 2025 Asics North America Soars on Wholesale Gains
After a year back in charge of Asics’ business in the United States, Canada, and Mexico, Koichiro Kodama touted the brand’s success with performance running in the run specialty channel and elsewhere with its hot-selling Sportstyle footwear. Nike Accelerates in Women’s with SKIMS Partnership
The Swoosh saw a 4.5% bump in its share price Tuesday after it announced a partnership with Kim Kardashian's SKIMS shapewear brand to produce apparel, footwear, and accessories collections. Xebio Profits Increase Double Digits
The multi-banner Japanese retailer’s net income grew 21% in the first nine months of its fiscal year to ¥3,925 million ($25.8 mm) from ¥3,246 million on sales that inched up 3% to ¥188,258 million ($1,235.3 mm) from ¥182,146 million. Soccer Post Acquired by Management
The Eatontown, NJ-based soccer specialty chain has been acquired by CEO Blake Sonnek-Schmelz and its management team, backed by York Capital Management’s private equity group and other strategic investors. Chris Metz Departs Solo Brands
Former Vista Outdoor chief, Chris Metz is stepping down from the top job at DTC after a little more than a year as CEO of the Solo Stove and Chubbies parent. Peloton Shareholder Suit Dismissed
An E. NY district court judge has dismissed without prejudice a proposed class action suit that claimed PTON intentionally deceived investors over last May’s seat post recall that affected 2.2 million exercise bikes. Etcetera: REI, Katadyn, ABG, Edelrid, Nomadix
|