The will-they-or-won’t-they continues over the Trump Administration’s slate of Apr. 2 tariffs, with the market rallying Monday as reports emerged that the levies would be more targeted than initially let on, though Pres. Trump also announced a 25% levy on countries buying Venezuelan gasoline, which could put another burden on Chinese goods.

Net income more than tripled to TWD 2,430.2 million ($75.7 mm) last year from TWD 709.8 million, on 26% higher sales of TWD 47,785.4 million ($1,488.6 mm) from TWD 38,069.6 million.

The mobile-focused gun e-tailer’s revenues fell 3% in 2024 to $93.1 million from $96.3 million, it revealed in an updated investor presentation, while net income was flat at $4.3 million.

KMD Brands named 20-year Nike alum Ashley Reade as Rip Curl CEO, succeeding Brooke Farris who resigned from the top job in Oct.

Frasers Group is expanding its strategic partnership with MAP Active, an Indonesian-based retailer and distributor that plans to open over 350 Sports Direct stores across Southeast Asia and India.

The USPTO’s Patent Trial and Appeal Board favored the Lulunatics and canceled all claims related to Nike’s Flyknit patent no. 9,730,484, which covers various aspects of knitted textile uppers.

The National Labor Relations Board said in a complaint filed last week that the outdoor co-op illegally withheld wage increases and bonuses from workers at unionized stores.