Faced with nine consecutive quarters of falling sales in the PRC, the Eager Beavertons announced a major changeup in their Chinese market strategy effective Jan. 1, 2027, when it will remove online sales from the majority of retail partners there in favor of its own DTC e-commerce and digital storefronts with e-commerce platforms Tmall, JD.com, and Douyin.

First-half net income at the luxury skiwear and apparel company was up 7% to €164,712,000 ($187.8 mm) from €153,460,000 on 5% higher revenues of €1,289,912,000 ($1,470.5 mm) over €1,225,665,000.

The Rip Curl, Kathmandu, and Oboz parent said that sales are expected to total between NZ$1,040 and NZ$1,044 million ($609 mm at the midpoint) for FY26, which ends July 31, up around 5% from the year before.

The Big Cat hired former Reebok and Adidas exec Dusan Hamlin as vice president e-commerce, a newly created role reporting to Puma’s chief commercial officer Matthias Bäumer.

GCO shareholders re-elected the full 9-director slate at its July 21 annual meeting, approving Gregory Sandfort; Mimi Vaughn; Joanna Barsh; Matt Bilunas; Carolyn Bojanowski; John Lambros; Thurgood Marshall, Jr.; Angel Martinez, and Mary Meixelsperger.

GRMN inked an agreement to acquire TrainingPeaks and TrainHeroic from Peaksware Holdings, expanding its footprint in the customizable coaching experience and performance-focused fitness space.

Twelve defendants were charged with conspiracy to transport stolen property and other offenses after federal agents broke up a group stealing from Nike’s logistics center in Memphis.

The maker of unpowered treadmills won an appeal to the Federal Circuit in its ongoing battle with the Assault AirRunner maker, just days after the same court upheld the PTAB’s ruling that a key patent was invalid.