E-commerce sales hit a record $257.8 billion for Holiday 2025, according to Adobe Analytics, which tracked consumers’ spending more than $4 billion online per day for 25 days in the Nov. 1-Dec. 31 period, as discount-driven trade-ups and a record Buy Now Pay Later result headlined seasonal trends.

The Eager Beavertons sold RTFKT, the non-fungible token virtual sneaker business it acquired in 2021, on Dec. 17 to an undisclosed buyer, The Oregonian first reported.

Centric has acquired certain assets of Fownes Brothers & Co., which makes gloves and cold-weather accessories under license for several sporting goods brands.

S&P Global echoed Moody’s sentiment on Callaway’s sale of a 60% stake in Topgolf to Leonard Green & Partners, raising its issuer credit rating by two notches to BB- from B on the prospect of dramatically reduced leverage.

S&P Global removed the parent of 5.11, Boa, PrimaLoft, and Velocity Outdoor from CreditWatch with negative implications, and affirmed its B- issuer credit, B+ senior secured debt, and B- senior unsecured debt ratings.

STX filed suit in the Delaware district court, accusing Stringking of infringing on its patent related to back-of-hand protection on its lacrosse gloves.