The retail outlook for the legacy sneaker category remains murky for both Dick’s and Foot Locker, with some stale styles driving industry-wide promotions and others posting sell-through that’s outpacing supply chain capabilities.

Journeys will stick to its full-price selling strategy through the back half of the year, GCO said at Goldman Sachs’ investor conference, avoiding the athletic footwear promotional frenzy it expects from competitors.

The Chinese sportswear giant received unconditional approval from that country’s State Administration for Market Regulation for its deal to buy a 29% stake in The Big Cat, funded from existing cash.

The ratings agency assigned ABG Intermediate Holdings a BB- issue level rating on its proposed $4.2 billion term loan B due 2033, which will be used to repay the company’s existing $3.7 billion term loan due 2028.

The CO-based outdoor apparel and accessories company received an unspecified equity investment from Denver-based Gart Capital Partners, the Garts’ family office.

Olin’s ammunition segment was awarded a $788.4 million contract to procure 5.56mm, 7.62mm, and .50 caliber ammunition through Sep. 10, 2031.

Fanatics and TikTok were hit with an antitrust suit filed in CA district court by MVP Breaks, accusing the defendants of conspiring to monopolize the sports memorabilia market and eliminate competition.