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Varsity Brands’ Debt Ratings Upgraded

<p>Moody&#8217;s Ratings upgraded Varsity Brands, Inc.&#8217;s debt ratings due to improving EBITDA margin, stronger free cash flow generation, and declining leverage, supported by momentum in both its BSN and Varsity Spirit businesses.</p>

Imbox Protection Acquired by PE Firm

<p>Altor Fund VI, a Swedish private equity firm, has acquired a majority stake in Imbox Protection A/S, a Danish company specializing in footwear protection technology, while entering into a partnership with the company&#8217;s former founder and owners, Réné Marker and the Grundtvig family.</p>

Rack Room Appoints Chief Merchant and Chief Digital Officer

<p>The company promoted Brian Burnett to senior vice president, chief merchandise officer and Molly Hartney to chief digital officer, a newly created role. Burnett has been with Rack Room Shoes for nearly nine years, having previously served as general merchandise manager. Hartney joined the company as chief marketing officer in 2021.</p>

Report: June Mall Traffic Declined Across All Formats

<p>Placer.ai noted that June 2025 shopping center traffic fell slightly following two straight months of year-over-year visit growth although indoor malls continued to show the strongest performance, with just a 0.7 percent drop in year-over-year June visits.</p>

Peak Ski Shutters Amid Liquidity Crisis

<p>Peak Ski Co., founded in 2021 by ski legend Bode Miller and resort veteran Andy Wirth, has closed its headquarters and laid off its staff as it seeks to avoid a bankruptcy filing. Ski icons, Chris Davenport and Michelle Parker, whom the company hired as product designers, are threatening to sue for breach of contract over significant amounts owed to them.</p>

Skechers Drops Next Gen SKX_2 Boot

<p>Harry Kane, striker for the German professional football club Bayern Munich, wore the white and turquoise shoe last week at the FIFA Club World Cup quarter finals in the U.S. The new Skechers SKX_2 boot and the complete Skechers Football collection are available through Skechers and specialty football retailers worldwide.</p>

NSSF: Adjusted NICS Background Checks Decline for Fifth Straight Month

<p>The National Shooting Sports Foundation (NSSF) reported that the June 2025 NSSF-adjusted National Instant Criminal Background Check System (NICS) figure slipped 5.1 percent year-over-year, marking the fifth consecutive month of declines. June still marked the 71st consecutive month of exceeding one million sales-related background checks.</p>