The Eager Beavertons’ new “Pace” plan aims to realize about $2.5 billion in total savings through fiscal 2031, largely through layoffs, global supply chain updates, a new campus in Bengaluru, India, and rolling Greater China into Asia-Pacific.

Levi Strauss appointed the longtime Skechers executive as its EVP and chief financial officer, effective Nov. 1, lauding his experience with building a global financial organization over the past nine years.

PRADCO, which is a subsidiary of EBSCO Industries, is adding the Seawall Capital-owned parent of a dozen watersports and marine safety brands to its portfolio.

The fashion e-tailer has acquired a minority stake in 437, the Toronto-based women’s activewear brand, for C$15 million ($10.9 mm), expanding its footprint in the performance apparel space.

August sporting goods, hobby, music, and bookstore adjusted sales grew steadily once again, improving 10.7% year over year to $9,061 million from $8,182 million, the Commerce Dept. reported.

The Equal Employment Opportunity Commission hit the employee-owned retail chain with an age discrimination suit in NV district court alleging it forced a class of employees to sell their company shares when they turned 40 years old.

Gobi Heat is recalling about 5,547 rechargeable hand warmers because their lithium-ion battery and electrical components can overheat and ignite.