In observance of the Memorial Day federal holiday we will not publish SGI NewsWire on Monday, May 25. We will resume publishing on Tuesday, May 26.

The Finnish smart ring maker has confidentially filed for a public offering with the Securities and Exchange Commission as it accelerates growth in the booming wearable device market.

The luxury golf fashion brand is being sold to investment firm Howsam Capital, which is led by Staysure founder and Legends Tour owner Ryan Howsam, from Chairman Frank van Wezel for undisclosed terms.

The maker of roller-locked firearms elevated current VP of sales, Bill Gentry, to president, where he’ll be tasked with leading the company’s strategic direction, daily operations, and growth and innovation across all areas of the business.

Net income slipped 10% in the final fiscal quarter ended Mar. 31 to $135,571,000 from $151,411,000, hit by a rising marketing spend, as revenues climbed 10% (+8% constant currency) to $1,119,369,000 from $1,021,780,000.

One-time charges sent the bottom line $5,628,000 in the red against last year’s profit of $9,343,000 for the first quarter, as net sales dipped 3% to $270,730,000 from $277,715,000.

The group’s global business soared on acquisitions, growing 33% in Q1 to CZK 7,317,429,000 ($352.1 mm) from CZK 5,512,221,000, with profits up 37% to CZK 717,943,000 ($34.6 mm) compared to CZK 523,909,000.

The ABG founder and CEO will transition to executive chairman where he’ll oversee the preparations for a long-awaited initial public offering.

Authentic Brands Group inked an agreement to acquire Lee from Kontoor Brands for up to $1 billion, including an initial transaction value of $750 million and a $250 million earn-out opportunity in future years based on the brand’s performance under its new owner.

The Lycra Company, having declared Chapter 11 bankruptcy in Mar., completed its restructuring, which includes new equity owners, a CEO, and a board of directors.

The South Tyrolean sporting goods company’s president Heiner Oberrauch has announced he is stepping down in favor of his daughter, Ruth Oberrauch, effective June 1st.

HomeProGym is recalling about 700 purple 60-pound and gray 70-pound resistance bands because they can forcefully separate from the handle during use.

Net loss narrowed by 21% to $119,282,000 from a loss of $150,788,000 in the final fiscal quarter ended Mar. 31, as revenues inched up 1% to $2,166,034,000 from $2,143,771,000, but dipped 4% constant currency.

A slowdown in the U.S. commercial channel drove sales at the Ammo+ segment down 21% to €291 million from €366 million for Q1, accounting for 19% of enterprise revenue at CSG, before turning the corner to meaningful demand recovery later in the period.

The industrial yarn and footwear component supplier said that sales ticked up 18% on a reported basis, but were down 1% on a constant-currency basis for the three months ended Apr. 30.

TRNR said revenue skyrocketed 279% in the first quarter to $5.1 million from $1.4 million in the prior period, which includes only 21 days of Ergatta consolidated results following the close of the deal in Mar.

The TJX-owned outdoor banner opened eight more stores to start 2026, ending the first quarter with 153 doors averaging about 20,000 sq. ft.

Scholl’s Wellness, the Yellow Wood Partners-backed owner of Dr. Scholl’s, has acquired carbon fiber insole maker VKTRY for undisclosed terms.

The Big a said it successfully placed a €500 million bond maturing in May 2031 with a coupon of 3.50%.