The ratings agency downgraded Under Dog’s corporate family rating to B1 from Ba3 and also lowered its issue-level ratings, changing its outlook to stable from negative.

The Italian owner of Woolrich, Sebago, and K-Way, has acquired Sundek beachwear as well as Kickoff, the brand’s current owner and operator at an enterprise value of €33.5 million ($39.0 mm).

Yeti is suing five China-based companies in W. TX district court for selling 20 oz. and 30 oz. tumblers that it says infringe on the Rambler Tumbler trade dress.

HydroJug is recalling about 17,000 14-ounce children’s sport tumblers because the rivets on the handle can come loose, causing it to detach and pose a choking hazard.