Net income in the final quarter declined by 23% to CHF 69.1 million ($86.4 mm) from CHF 89.5 million, pulled down by a CHF 50.7 million negative swing in foreign exchange, as revenues increased 23% (+30% CC) to CHF 743.8 million ($929.8 mm) from CHF 606.6 million.

Helly Hansen sales tallied $247,113,000 in Q4, up 10% year-over-year, and contributed $0.44 to parent Kontoor Brands’ EPS, beating its new owner’s quarterly guidance of $0.29.

Competition for the top spots in athletic footwear continues to tighten, as performance brands battle it out behind Nike’s continued hold on the top spot with men and women, according to LEK’s fifth annual Brand Heat Index.

SPWH is forecasting sales will inch down 2% to around $334.9 million from $340.4 million in the final quarter ended Jan. 31, as demand recovered in Jan. after a softer than expected Nov. and Dec.

The Italian luxury sneaker brand’s revenues were €734 million ($825 mm) last year, up 15% on a constant-currency basis, driven by a 21% jump in direct-to-consumer sales to 81% of total revenues.

Weyco Group’s rugged brand struggled in the final quarter, declining 6% due to continued softness in the rugged footwear category, lapping a 17% tumble a year ago.

AS launched a public offering of 20,604,396 shares of its common stock for $36.40 per share, aiming to generate gross proceeds of $750 million.

Unspun, which utilizes 3D weaving technology to convert yarn directly into garments, tapped outdoor industry veteran, Arne Arens, as CEO, as it aims to accelerate the shift from offshore production to U.S.-based manufacturing.