Berkshire Hathaway’s Apparel And Footwear Brands Slip In 2016

Berkshire Hathaway reported its revenues among its apparel and footwear brands, which includes Russell Athletic and Brooks, declined $81 million, or 1.9 percent, in 2016, according to its just-released 10K filing. The decline reflected lower footwear sales and the impact of a divestiture by Fruit of the Loom in 2015.