CODI’s embattled high-end jewelry subsidiary filed for Chapter 11 bankruptcy protection with the aim of selling the business, shedding some light on the fallout from alleged fraudulent practices by its founder and former CEO that have plagued the company and its parent since the spring.

Net income attributable to shareholders improved 12% to HKD 204,513,000 ($26.2 mm) from HKD 183,200,000 in the fiscal first half ended Sep. 30, on revenues that grew 11% to a record HKD 3,323,910,000 ($425.6 mm) from HKD 2,982,900,000.

The Swedish sportswear brand’s net income increased 5% in the third quarter to SEK 36,871,000 ($3.9 mm) from SEK 34,952,000 as sales grew by the same percentage to SEK 299,786,000 ($31.7 mm) from SEK 285,087,000.

CROX elevated its SVP and chief commercial officer, Rupert Campbell, to EVP and president of Heydude, where he’ll lead all elements of the brand’s product, marketing, and commercial go-to-market strategy.

The National Sporting Goods Association’s most recent Shopper Playbook Study found that 79% of sports equipment shoppers and nearly 70% of footwear and apparel shoppers favor multi-brand stores.

Nike and Converse are suing Love Kelly Holdings, an apparel designer, in S. NY district court, asking for a declaratory judgment of non-infringement, arguing that its Love, Chuck and Love, Hurts marketing campaigns do not infringe on the defendant’s Love, Kelly and Dear Love marks.