Net income jumped 79% to $300,845,000 from $167,780,000 for the fiscal third quarter ended Dec. 27 on a 1% uptick in revenue to $2,875,801,000 from $2,833,912,000 on Holiday-fueled pockets of growth across brands and regions, with 75% of the business posting gains.

The German footwear maker is targeting 10% to 12% reported growth over the medium term, taking its sales to €2.30 to €2.35 billion (+13% to +15% CC) by FY 2028, in part driven by a further push into the Sports & Outdoor sector.

Levi’s yoga brand tallied a 37% top-line increase to $46.3 million in the fiscal fourth quarter ended Nov. 30, up from $33.9 million last year, with organic sales up 45% excluding 2024’s 53rd week.

Separating the CFO role from CEO Martin Hoffmann’s duties, ONON appointed Frank Sluis to the position after an extensive executive search.

The struggling sneaker maker has already closed nine stores in its home market as of the end of Q3, and plans to shut down 19 more by the end of Feb., leaving only two outlet stores here.

Foot Locker is planning a “Takeover” for the upcoming NBA All-Star weekend in Los Angeles, CA, featuring a multi-brand experience with sneaker drops, athletes, creator-led content, and community programming.

Life EV emerged as the winning bidder for the Yakima-based e-bike brand’s assets, which were acquired for $13.3 million pending court approval.