Industry imports of athletic footwear, apparel, and equipment increased 3% in the second quarter to $5,812.6 million from $5,649.2 million a year ago, as brands and retailers were whipsawed by the Trump Administration’s tariff threats and delays.

The $9.4 billion go-private deal puts SKX under the control of 3G Capital Partners, with current management Robert and Michael Greenberg continuing to lead the company they grew to become the world’s third-largest sneaker brand.

The Gainline Capital Partners-backed fitness equipment company appointed its founder and chairman Michael Bruno as CEO, succeeding Bryan O’Rourke, who has served in the top spot for two years.

The Patent Trial and Appeal Board handed a win to Under Dog and canceled a host of claims in four Athalonz patents that cover specially shaped midsoles with variable foam densities that it says give wearers a more stable athletic base.