Mizuno Posts Record Profits In Nine Months

Mizuno Corp. said its operating profits reached their highest levels in the nine months through December 31 since quarterly disclosure started in FY08. Sales rose 17.0 percent in the period, led by the Americas and EMEA.

Gore-Tex Launches Outerwear On Demand

Gore-Tex has launched a performance apparel rental program. The company’s Outerwear on Demand service offers customers in North America a rental option for its snowsports apparel at 15 resorts and retail locations.

Blue Water Acquires Yogi Bear’s Jellystone Park In Kentucky

Blue Water, a Maryland-based company, specializing in the development and management of campgrounds, hotels, and attractions, announced it had acquired Yogi Bear’s Jellystone Park at Mammoth Cave in Kentucky to continue its partnership with the Jellystone Park brand.

Nike Sues StockX Over NFTs

Nike has filed a lawsuit in the Southern District Court of New York against StockX, accusing the sneaker resale marketplace of using Nike’s trademarks without authorization to market and sell non-fungible tokens (NFTs).

Solo Brands Announces CFO Transition Plan

Solo Brands, Inc. announced that Chief Financial Officer Sam Simmons would begin transitioning from Solo Brands this year. Simmons will remain in the role until a successor is named and then support the transition. 

Nike Becomes Equity Investor In The WNBA

Nike, Inc. announced it had become an equity investor in the WNBA (Women’s National Basketball Association), following its 25-year commitment to the league. The WNBA overall raised $75 million from investors.

Costco Appoints President And COO

Costco has named Ron Vachris as president and chief operating officer, according to a regulatory filing  He has also joined Costco’s Board of Directors.