Big Foot’s third quarter was bad, but better than expected, resulting in net income that was down 71% to $28 million from $96 million, as revenue fell by 9% to $1,989 million from $2,176 million, and would have been 10% lower constant currency.

A mid-singles decline for Q3 revenue prompted S&P Global to revise its outlook on Great Outdoors Group from stable to negative while reaffirming its ratings on the company, including a BB issuer-credit rating and all issue-level ratings.

Improving leverage ratios from post-IPO debt paydowns and strength on both ends of the P&L saw Fitch Ratings upgrade the sandal company’s long-term issuer default rating to BB from BB-.

Brad Blume has re-acquired full ownership in the tennis e-tailer he founded, reversing the earlier sale to Signa Sports United effective Nov. 10.

The Vans and North Face parent cut about 500 positions out of its 35,000-storng workforce, the Denver Gazette first reported, including about 30 at its Denver headquarters.

DLA will realize about $23 million in proceeds from the $25 million sale of its 550,000 sq.-ft. Fayetteville, NC, cut and sew facility and distribution center, in a sale and leaseback deal with RH Dunn.

The Eager Beavertons and now banned coach Alberto Salazar have agreed to settle a lawsuit filed in OR state court by long distance runner Mary Cain, according to The Oregonian.