Simplifyber has completed a $12 million round of Series A funding, led by Suzano Ventures, the investment arm of wood pulp supplier Suzano, and At One Ventures, which led a $4.2 million seed round in July 2022, along with a slate of other participants.

The Chinese sportswear brand reported that brick-and-mortar sales of core branded product improved 10% to 15% in the first quarter of 2025, while the 361° Kids brand was up by the same percentage at retail compared to last year.

The Chinese retailer’s CEO, Mr. Wang Jun, and chairman, executive director, and authorized representative, Mr. Yu Huan-Chang, have both resigned effective immediately.

As BODI works through stanching the bleeding on the P&L and shoring up the balance sheet, the company took receipt of a New York Stock Exchange notice that it is out of compliance as its average market cap and stockholders’ equity have fallen below the exchange’s $50 million minimums.

Chalkless, which makes grip enhancement products, filed suit in N. GA district court accusing Spider Chalk of infringing on patent no. 11,660,257 and trade dress with its Ghost Grip kits.