Net income in the final quarter shot up 37% to $3,703,000 from $2,700,000 on 2% lower sales of $62,560,000 against $63,942,000, as improved archery, billiards, and games were not enough to offset soft demand across other categories.

In a public letter updating the progress of his discussions with Lululemon’s board of directors, company founder and former CEO Chip Wilson said the response so far has been “weak and insufficient.”

The Fila and Acushnet parent formally gave company control to president and CEO Kevin Yoon, as his father, founder and chairman Gene Yoon, transitioned to the role of honorary chairman.

Troubles continue for western sneaker brands in China, as the retail subsidiary of Yue Yuen is forecasting net income attributable to shareholders will be down around 57% for the fiscal fourth quarter ended Dec. 31 to RMB 211,000,000 ($29.3 mm), hurt by increased promotional activity.

The Hong Kong-based cap and apparel maker said that 2025 net income increased by at least 75% to around HK$100 million ($12.8 mm) from HK$57 million in 2024.

GPRO sees the International Trade Commission uphold an earlier ruling, finding that Arashi Vision (dba Insta360) is infringing on its Hero camera design, while reversing other infringement claims.