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Early Edition: May 29, 2024

A curated weekday guide to major news and developments over the past 24 hours.

Ch ungch ong namdoSouth koreaDistrict of columbiaUnited statesNew yorkNorth koreaWhite houseSouth africaBiden gazaAllegra goodwinSerhiy morgunovAlex hortonBarak ravidJohn kirbyEdithm ledererHajar harb

Shaun Neff Joins X Games Ownership Group

Entrepreneur Shaun Neff has joined the X Games ownership group as an investor and advisor to boost the brand's strategy.

United statesLos angelesKevin durantSteve aokiWiz khalifaJahm najafiSnoop doggShaun neffScarlett johanssonLos angeles football clubSony electronicsNajafi companiesBart schanemanPublished febSummerx games juneSun bum

Rip Curl Sales Down On Tough Prior-Year Comp, Market Conditions

Rip Curl parent KMD Brands announced Rip Curl’s sales dropped in the first half on weak consumer spending and wholesale challenges.

Michael dalyRip curlBart schanemanPublished feb

Yeti Acquires Backpack Brand Mystery Ranch

Outdoor products company Yeti today announced it has acquired growing pack brand Mystery Ranch. Terms of the deal were not disclosed.

United statesAlex kutchesDana gleasonMatt reintjesBart schanemanPublished janMystery ranchHydro flaskNorth america

REI Lays Off 357, CEO Forecasts Down Year

REI Co-op announced layoffs for hundreds of employees, with CEO Eric Artz warning of a "very challenging" 2024 and citing a "highly promotional" environment.

Eric artzBart schanemanPublished jan

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