The industrial yarn and footwear component supplier’s bottom line improved 29% to $103.4 million in income last year, up from $80.1 million on 2% higher sales of $1,464.9 million against $1,433.0 million, powered by growth in apparel, while footwear faced challenging market conditions. Apparel was flat at $770 million but up 1% at constant currency. The category got off to a strong start, but momentum slowed by Apr., following U.S. tariff impacts. Footwear improved 9% (-2% CC) to $440 million from $403 million, reflecting a cautious customer order book and inventory ... Log in to view full article.