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August 26, 2025


Dick’s-Foot Locker Deal Clears Final HSR Hurdle

Dick’s Sporting Goods’ acquisition of Foot Locker saw the Hart-Scott-Rodino Antitrust Act waiting period expire Monday, checking the final box to set up an expected closure on Sep. 8 for the $2.4 billion deal, which will create the industry’s largest global retail player.

Mainland Headwear Grows Double Digits in H1

Net income attributable to shareholders rose 70% in the first half to HK$ 59,918,000 ($7.7 mm) from HK$ 35,269,000 on 23% higher revenues of HK$ 845,629,000 ($108.4 mm) up from HK$ 687,114,000.

Peak Achievement Athletics Plans Debt Offering

The Canadian parent of Bauer, Cascade, and Maverick hockey and lacrosse brands will issue C$250 million ($179 mm) of unsecured notes due Aug. 2033, using most of the proceeds to pay down its existing $339 million term loan due Dec. 2027.

Kingmaker Says Revenue Up on Tariff Pull Forward

The Chinese footwear manufacturer for Wolverine Worldwide and other brands said that revenue grew around 8% in Q1 as its customers took advantage of the 90-day tariff window to expedite shipments.

Lululemon’s New CTO Brings AI Expertise

LULU has appointed Ranju Das, founder of Swan AI Studios, as its new Chief AI & Technology Officer, a newly created position that adds an additional dimension to the traditional CTO role.

Etcetera: Core Health & Fitness, Nike

 
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