Net loss narrowed to $43,390,000 from $67,457,000 in the fiscal fourth quarter ended Mar. 31 on 1% lower sales of $1,171,161,000 against $1,180,583,000 that were down 4% constant currency, with strength overseas partially offsetting continued North American weakness.

With co-founders David Allemann and Caspar Coppetti taking over as co-CEOs from Martin Hoffmann on May 1, ONON’s net income jumped 82% in Q1 to CHF 103.3 million ($132.2 mm) from CHF 56.7 million on sales that were up 14% (+26% CC) to CHF 831.9 million ($1,064.8 mm) from CHF 726.6 million.

Mizuno finished the fiscal year ended Mar. 31, growing 8% to ¥259,045 million ($1,730.4 mm) from ¥240,335 million and increasing net income by 21% to ¥18,376 million ($122.8 mm) from ¥15,243 million.

The Brazilian retailer and distributor’s net income increased 10% to BRL 74,211,000 ($14.1 mm) from BRL 67,315,000 in the first quarter, driven by a 15% revenue gain to BRL 1,785,429,000 ($339.2 mm) from BRL 1,554,359,000.

Net income improved 14% at the Japanese racquet sports and golf brand to ¥12,092 million ($77.1 mm) against ¥10,591 million, on sales that were up 18% to a record high ¥163,643 million ($1,043.1 mm) up from ¥138,276 million for the fiscal year ended Mar. 31.

After returning to profit last year, the South African protective equipment maker started strong in the first quarter, as net income improved 58% to $1,770,694 against $1,121,124 on 27% higher revenues of $19,507,486 up from $15,367,864.

The ratings agency affirmed Beach Acquisition Co. Parent LLC’s (dba Skechers) long-term issuer default ratings at B+, with a stable outlook, citing the footwear maker’s revenue of around $9.6 billion, good cash flow and strong track record for growth.

Willy Bogner GmbH has appointed former Puma chief Arne Freundt as the Munich-based winter sports brand’s new CEO, effective June 1.

The Bluestone Equity Partners-backed pickleball equipment company has acquired high-end direct-to-consumer paddle maker Bread & Butter, for undisclosed terms.