USA: Everlast Q2 Profit Climbs 33 Per Cent
Leading US-based manufacturer, marketer and licenser of sporting apparel, Everlast Worldwide Inc, has reported a 33 per cent jump in second quarter net income to $240,000 from the year-ago period. The New York-based company, which has secured several major licensing agreements in recent months, said net sales climbed 19.3 per cent to $14.7m from $12.3m, with gross profit flat at $4.5m.