Branded rugged outdoor footwear sales tallied a second consecutive year of contraction after their pandemic-driven surge, falling 4.5% in U.S. dollars last year to $6,025 million from $6,311 million.

Touting its progress in capturing market share in Performance Running, the Japanese sportswear brand intends to continue expanding its business in its largest category with emphasis on higher-end shoes and emerging markets, it revealed at its 13th Investor Day this week.

LULU’s Celeste Burgoyne, president of the Americas and global guest innovation, has decided to depart the company to become Vail Resorts’ EVP and chief revenue officer, effective Jan. 26.

Umbro’s owner, Iconix International, plans to relaunch the iconic British football brand in North America next year and has appointed the key licensees in major categories.

The ratings agency confirmed Topgolf Callaway’s B1 corporate family rating and the B1 rating on the senior secured term loan B, while changing the outlook to stable from under review.

The MI-based tackle shop, which serves southwest MI and Northern IN, has been sold to long-time store associates, Steven Szymczak and Michael Savage, by Darrin Schaap for undisclosed terms.