Net income was up 37% to $55,808,000 in the fourth quarter from $40,808,000, on sales that inched up to $697,123,000 from $696,434,000, getting an extra $25.0 million from the 53rd week.

Falling sales at Kathmandu, Rip Curl and Oboz contributed to a difficult first half that resulted in a net loss attributable to shareholders of NZ$10,426,000 ($6.4 mm) against a profit of NZ$13,159,000 for the period ended Jan. 31.

Amidst an increasingly snippy proxy fight with activist investment firm Browning West, Gildan’s board has decided to reach out to potential bidders who may be interested in taking the company private.

Once again Nike or Jordan schools will account for most of the 68 teams participating in the NCAA Men’s Division I Basketball Tournament, with 42 teams this year, a slight increase from 40 in last year’s tourney, according to Fox Business.

The bike training equipment maker has named Gareth Joyce as CEO and member of its board of directors.