Activewear operating profit fell 7% to $55,81,000 from $60,033,000 in the second quarter ended Jul. 2 on 4% lower segment revenues at $367,394,000 vs. $381,087,000 hurt by a decline in Hanes activewear and Champion sales that were impacted by sporting goods bankruptcies and delivery timing. U.S. Champion sales were flat overall, with double-digit gains in specialty, mid-single-digit growth in the mass channel and mid-teens growth in the college bookstore channel offset by declines in sporting goods and department stores where shipments were concentrated in the second quarter last year. Activewear operating margins held above 15% by keeping tight control on ... Log in to view full article.