After a year that saw significant changes in the co-op’s senior management, including the appointment of new CEO Mary Beth Laughton, members made what amounted to a no-confidence vote by failing to approve one new and two incumbent board members at the 2025 annual meeting.

Net income from continuing operations jumped 264% to BRL 119.1 million ($20.2 mm) over BRL 32.7 million for the first quarter on a 17% gain in sales to BRL 1,092.5 million ($185.7 mm) from BRL 931.8 million, including an 18% increase in Havaianas sales to BRL 1,082.1 million.

The world’s largest bike maker reported Q1 net income of TWD 367.6 million ($11.0 mm), down 29% from TWD 519.7 million, despite 5% higher revenues of TWD 16,850.9 million ($506.0 mm) against TWD 16,063.2 million.

DECK filed two separate suits in Cen. CA district court accusing CVS Pharmacy and High Point Design of infringing on its trade dress and patents with various slippers and slides.