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October 07, 2025


Hanesbrands Proxy Shows Path to Gildan Deal

August’s announced merger agreement between Gildan and Hanesbrands will go before the latter’s shareholders at a Nov. 25 special meeting for their stamp of approval, according to an update proxy statement filed last Friday.

Crecera Acquires Saltwater Brand

The parent company of Sportsman’s Guide, The Golf Warehouse, and Baseball Savings has inked an agreement to acquire Salt Strong, expanding into the saltwater fishing space.

Puma Names New HR Chief

Puma hired Thomas John as VP of people & organization, succeeding Dietmar Knoess, who has left the company.

Wolverine Worldwide Upgraded by S&P Global

After scoring an upgrade from Moody’s last week, WWW sees S&P raise its rating on the company’s $600 million amended and extended revolver due Sep. 24, 2030, to BB- from B+.

Cool Kicks Owner Arrested After Raid

The LA sneaker retailer’s owner, Adeel Shams, was arrested in a raid after the LAPD said they recovered approximately $500,000 worth of stolen Nike goods from the store’s warehouse.

Orvis is Shuttering another 36 Stores

The struggling outdoor retailer will close 31 more stores and five outlets, with the cuts planned to be completed by early 2026, VTDigger first reported.

Etcetera: Academy, L.L. Bean, REI, CardVault, Wilson, VF Corp., Seirus

 
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