While conceding that weak consumer demand and higher promotional activity will make 2023 a reset year, Big Foot management gave more color on its Lace Up strategy’s path to achieving three-year targets during the Bernstein Strategic Decisions Conference.

Great Outdoors Group LLC’s issuer credit rating and issue level rating were upgraded to BB from BB- by S&P Global, based on consistent improvements in results and maintaining its adjusted leverage below 4.0x.

Following last week’s executive shakeup, the Eager Beavertons have named Jared Carver to succeed Scott Uzzell as president and CEO of Converse, reporting to Nike chief John Donahoe.

WWW made three changes to its senior leadership team, headlined by the promotion of 14-year company vet Chris Hufnagel, currently president of the company’s Active Group, to president of Wolverine Worldwide.