The White House revealed Aug. 1 decision-day terms when the “Further Modifying The Reciprocal Tariff Rates” executive order hit late Thursday night, setting a 10% baseline tariff for countries where the U.S. holds a trade surplus and 15% for those where it has a deficit.

The bottom line more than quadrupled to $7,742,000 from $1,622,000 in the fiscal third quarter ended June 28, on revenues that grew 5% to $180,655,000 from $172,472,000, boosted by strong e-commerce sales.

Net income slipped 36% to $1,825,000 from $2,844,000 on sales that were down 13% to $54,333,000 from $62,526,000 for the second quarter on softening consumer demand across most categories.

The Italian sportswear brand posted revenues of €107 million ($122 mm) in the first half of 2025, representing a 15% increase year-over-year, driven by 48% growth in Germany, and in the U.S., where sales almost quadrupled to €5.4 million ($6.1 mm).

Net income soared 81% in the fiscal first quarter ended June 30 to ¥4.9 billion ($34 mm) from ¥2.7 billion a year ago, powered by equity method income from the China JV with Anta Sports, as total revenues dropped 10% to ¥24.7 billion ($171 mm) from ¥27.5 billion.

Newell’s Outdoor and Recreation segment sales dropped again in Q2, declining 9% to $234 million from $258 million, and down 11% constant currency.

Nester Hosiery, which makes Farm to Feet merino wool socks, has acquired the assets of Osage, IA-based sockmaker Fox River Mills for undisclosed terms.

The UK-based maker of a patented blood flow restriction wearable device scored a new investment round led by Joyned Capital and Skin In The Game, both of which focus on human performance.

Following several days of discussions this week, REI and the United Food and Commercial Workers and Retail, Wholesale and Department Store Union agreed on a national bargaining structure that will cover the 11 unionized REI stores.