Allbirds has set May 18 as the date for a special meeting of shareholders to approve the sale of the footwear brand and assets to American Exchange Group, according to proxy materials sent to shareholders.

The ratings agency reaffirmed BBB- long-term issuer credit rating and deemed Amer’s outlook stable after the company fully repaid its $720 million senior secured notes due in 2031 with the $750 million proceeds from its Mar. 3 public offering of 20.6 million shares.

Kubish, a nine-year company veteran who has served as interim CEO since last Aug., has taken the reins as chief executive of Colt Manufacturing Company, the U.S. subsidiary of Colt CZ Group.

The Deuter and Ortovox parent company elevated Tom Mason to interim general manager, in addition to his current role as Ortovox brand manager, succeeding Jonathan Degenhardt.

The Chinese sportswear brand reported that brick-and-mortar sales of core branded product grew around 10% in the first quarter of 2026, while the 361° Kids brand was up by the same percentage at retail compared to last year.

The Eager Beavertons sees the United States Patent and Trademark Office reject its Bronny James “B9” trademark application due to a likelihood of confusion with a pre-existing “Back 9” golf apparel mark.