September 24, 2025 JD Sports’ N.A. Growth Powered by Hibbett, Not Comps
Filling out the preliminary numbers released a month ago, JD said that total North American sales increased 32% in the fiscal first half ended Aug. 3 to £2,318 million ($3,091 mm) from £1,754 million, primarily due to the contribution from acquired Hibbett and City Gear stores. KMD Brands Sees Improvement after Difficult Year
Net loss widened 91% to NZ$95,058,000 ($55.1 mm) from NZ$49,760,000 for the fiscal year ended July 31, as revenue ticked up 1% to NZ$989,015,000 ($573.6 mm) from NZ$979,415,000. Gildan Prices Hanesbrands Acquisition Notes
GIL has now priced its offering of $1.2 billion of senior unsecured notes to refinance Hanesbrands’ existing debt and pay fees and expenses related to the offering and the acquisition of HBI. U.S. CBP Accuses Giant Bicycle of Forced Labor
U.S. Customs and Border Protection issued a Withhold Release Order preventing the importation of Giant’s Taiwan-made bikes, components, and accessories, citing information that “reasonably indicates forced labor use.” Super Retail Group Settles Lawsuit
The Rebel Sport parent reached a confidential settlement with several female employees over its handling of a secret romance between former CEO Anthony Heraghty and former chief human resources officer Jane Kelly. FeraDyne Seeks Infringement Finding
FeraDyne denied that it’s using false infringement claims against Chinese supplier Xiamen Disdeer Outdoor Sports to eliminate a competitor and fired back with a counterclaim in WI district court, accusing Xiamen Disdeer of infringing on patent no. 8,758,177 with its lighted arrow nocks. Etcetera: L.L.Bean, ABG, Ohlins, Platform Golf, Craft Sportswear, Superfeet
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