Net income dropped by 46% to $56.4 million from $104.9 million on 19% lower revenues of $602.3 million, down from $739.7 million, including a 26% decline in activewear to $456.3 million that was partially offset by hosiery and underwear posting a 21% gain to $146.0 million. Activewear sales were hit by lower unit sales volumes, unfavorable product-mix, and higher promotional discounting in the imprintables channel. Sales were down across all regions as the U.S. lost 18% with $517.1 million in sales, down from $632.5 million, while Canada inched down 6% to $25.4 million from $27.1 million and International dropped 25% ... Log in to view full article.