Gildan Posts Q4 Loss

Gildan Activewear, the parent of Gold Toe, reported a loss $41.2 million, or 34 cents per share, in the fourth quarter. The loss was attributed to strategic pricing actions in its Printwear segment, which the company announced on Dec. 3, in order to rein

Founder Chip Wilson Steps Down from Lululemon’s Board

Lululemon Athletica Inc. Founder Chip Wilson announced that he is stepping down from Lululemon's board of directors. Under Wilson, Lululmeon became one of the fastest growing apparel brands in history and helped ignite the current athleisure trend…

USA Cycling Hires Korn Ferry to Find Next CEO

USA Cycling, the national sanctioning body for cycling competition, has retained the executive recruitment firm Korn Ferry to assist in the search for a new CEO to succeed Steve Johnson, who announced last month that he will step down from his post this f