The declared value of industry customs imports dropped 2% in the final quarter to $6,346.0 million from $6,496.4 million, as a 71% jump in athletic footwear to $1,863.4 million from $1,090.6 million partially offset plunging equipment imports. Apparel imports grew 4% to $1,003.3 million from $968.4 million, down sequentially in a category where big orders placed early in the year caused overstocks later at many brands and retailers. Equipment imports fell 22% to $3,479.3 million from $4,437.4 million, with no bottom in sight for the ailing exercise category, as well as ... Log in to view full article.