Final quarter net income was down 52% to $83.9 million from $173.9 million on an 8% slip in sales to $720.0 million from $784.3 million, including a 5% drop in activewear sales to $595.4 million fewer points of sale in retail end-markets, along with some North American distributor declines. The segment lapped last year’s high inventory replenishments, and saw continued slowing in imprintables. These impacts were partially offset by higher net selling prices and favorable mix shifts as ringspun and fleece posted strong sell-through. International sales gained 16% in the quarter ... Log in to view full article.