Net income tumbled 59% to BRL 143,721,000 ($27.3 mm) from BRL 353,277,000 for the second quarter as revenue gained 11% to BRL 994,840,000 ($189.0 mm) over BRL 894,811,000.

The iconic Canadian boot brand is being acquired from GOOS by Royer Group for undisclosed terms, with both brands continuing to operate separately under the Royer umbrella.

The Coleman parent plans to retire its existing $500 million in 6.375% senior notes maturing in 2027 and pay down its revolver with proceeds from the offering of 6.250% senior unsecured notes due in 2031.

The B2B platform, which powers wholesale commerce for brands and retailers across golf, outdoor, and lifestyle apparel, secured a $22 million strategic investment from Headlight Partners, aimed at accelerating expansion.

Taking advantage of CA’s strict False Advertising Law, two separate but similar suits were filed in federal court there against the Lulunatics and Eager Beavertons, accusing them of using phantom discounts.