Acushnet Shareholder To Sell Shares

Acushnet Holdings Corp announced the commencement of an offering of 8.33 million shares of its common stock by investment funds affiliated with Mirae Asset Global Investments Co. Ltd.

Deckers Sets Action To Resolve Marcato Lawsuit

Deckers Brands announced that its Board of Directors has taken the actions to address and deem resolved a lawsuit filed by an affiliate of Marcato Capital Management LP, the activist shareholder that’s seeking to replace Deckers board with its own candidates. 

J. C. Penney’s Comps Improve 1.7 Percent In Q3

J. C. Penney Company Inc. reported net sales decreased 1.8 percent to $2.81 billion in the third quarter compared to $2.86 billion in the same period last year, primarily the result of the 139 stores closed this year

Mizuno’s Profits Bounce Back In Six Months

Mizuno Corp. reported strong profit improvement in the six months through September 30 despite a modest sales decline. The Americas sharply reduced its loss despite high inventories in the marketplace that pressured sales.