The official start of the Holiday 2025 shopping season yielded mixed results from Black Friday and Thanksgiving Weekend, with e-commerce growth pushing into the double-digit range while traffic and order volume declined mid-singles.

The struggling German company has attracted interest from multiple Asian competitors as its share price languishes near a 10-year low, according to multiple reports.

The luxury Italian sneaker maker’s adjusted EBIT was up by 7% to €173.6 million for the first nine months of 2025, on revenues that rose by 13% constant currency to €517.1 million.

With the transaction receiving shareholder and FTC approval last week, GIL has closed its acquisition of Hanesbrands for $2.2 billion in cash and stock.

The lifestyle footwear and accessories maker inked an agreement to acquire substantially all of the assets of Green Market Services Co., which includes GMS’ licensed slipper business for Clarks and Timberland, and their existing private label business.

Swedish ingredient technology company Polygiene Group AB announced on Nov. 25 the appointment of Dr. Sandrine Garnier as its new chief executive officer.

The 25-year company veteran was most recently managing director and sales department manager for the Japanese retailer, and will succeed Minoru Noguchi effective Mar. 1, 2026.

Lisa Tuason, the sister of company president & CEO Martin Tuason, will serve as an interim president & CEO and run the family-owned business until a permanent replacement is found.