A one-time benefit from the credit card interchange fee settlement more than offset Foot Locker integration charges in the first quarter, sending net income up 21% to $319,822,000 from $264,288,000 on 63% higher sales of $5,164,504,000 against $3,174,677,000.

The five-month proxy contest between LULU and founder Chip Wilson reached an amicable end Tuesday, with two of Wilson’s director candidates—Laura Gentile, former ESPN marketing chief, and Marc Maurer, former co-CEO of On—joining the board following June 25’s Annual Meeting.

Net income attributable to shareholders inched down 1% to RMB 1,266.8 million ($176.2 mm) from RMB 1,286.0 million for the fiscal year ended Feb. 28 at China’s largest operator of western-brand sportswear retail stores as revenue was off 5% to RMB 25,739.9 million ($3,580.0 mm) from RMB 27,012.9 million.

The Rip Curl, Kathmandu, and Oboz parent said that sales in the fiscal third quarter ended Apr. 26 grew by 5.2%, declining sequentially from the +7.3% result in FH1.

ManU commercial revenue grew 10% in the fiscal third quarter ended Mar. 31 to £82.4 million ($111.4 mm) from £74.7 million, as retail, merchandising, apparel & product licensing improved 36% to £43.9 million ($59.3 mm).

The ratings agency lifted WWW’s corporate family rating to B1 from B2, and bumped up the ratings on its senior unsecured global notes and its speculative-grade liquidity rating by a notch.

Strong participation trends combined with the 2026 World Cup are creating perfect conditions to grow the sport this year, SFIA opined in its Soccer Spotlight: 2026 U.S. Participation Trends, Insights & Growth Drivers report.

Net loss was ¥2,164 million ($13.8 mm), compared with a profit of ¥971 million for Xebio’s fiscal year ended Mar. 31, on sales that inched up 1% to ¥252,331 million ($1,608.4 mm) from ¥250,603 million.

The Rebel Sport parent was hit with a suit in Australian Federal Court on behalf of thousands of its managers who claim they were underpaid and forced to work for free, AAP first reported.

Wenzhou Zehui Clothing Co., which primarily makes medical and healthcare apparel, is suing Skechers in CA district court, asking for a declaratory judgment of non-infringement.

Big Foot will pay a $148,000 civil fine to settle a Securities and Exchange Commission charge that its separation agreements from 2020 to 2024 limited former employees’ whistleblower rights.

In observance of the Memorial Day federal holiday we will not publish SGI NewsWire on Monday, May 25. We will resume publishing on Tuesday, May 26.

The Finnish smart ring maker has confidentially filed for a public offering with the Securities and Exchange Commission as it accelerates growth in the booming wearable device market.

The luxury golf fashion brand is being sold to investment firm Howsam Capital, which is led by Staysure founder and Legends Tour owner Ryan Howsam, from Chairman Frank van Wezel for undisclosed terms.

The maker of roller-locked firearms elevated current VP of sales, Bill Gentry, to president, where he’ll be tasked with leading the company’s strategic direction, daily operations, and growth and innovation across all areas of the business.