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Gildan Activewear reported net earnings dropped 66.6 percent in the first quarter on a decline of 3.6 percent in revenues. The company said results were in line with expectations and the company maintained its adjusted earnings guidance for the year....

China-based sports brand Xtep International Holdings Ltd announced plans to acquire E-Land Footwear USA Holdings Inc., the parent of K-Swiss, for $260 million in an all-cash deal, according to Reuters....

Payless recently opened its first ever holiday pop-up location in New York City. The temporary store concept, located at 136 W 42nd Avenue, between Times Square and Bryant Park, is offering deals on its entire selection of shoes, handbags, and accessories throughout the holiday season....