Gildan Activewear Announces Second Quarter Results

- Significant Decline in Sales and Gross Margins
- Company Expects Improvement in Gross Margins In Second Half of Year but Continuation of Weak Demand
- Free Cash Flow Projected to be Positive for Full Fiscal Year

Gildan Activewear Inc. (Toronto:GIL.TO)(NYSE:GIL) today announced its financial results for the second quarter of its 2009 fiscal year, and provided certain planning and financial modeling assumptions for the second half of the fiscal year.

Sales and Earnings
Gildan reported net earnings of U.S. $7.1 million and diluted EPS of U.S. $0.06 for its second fiscal quarter ended April 5, 2009, compared with net earnings of U.S. $42.1 million and diluted EPS of U.S. $0.35 in the second quarter of fiscal 2008.

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True Religion Apparel Reports 2009 First Quarter Financial Results

True Religion Apparel, Inc. (Nasdaq: TRLG) today announced financial results for the first quarter ended March 31, 2009.

First Quarter 2009 Financial Results
Total net sales were $63.6 million, an increase of 19.1% from $53.4 million in the first quarter of 2008.
Net sales for the Company’s U.S. wholesale segment decreased 11.0% to $28.9 million from $32.5 million in the prior year period.
Net sales for the Company’s consumer direct segment, which includes the Company’s branded retail stores and e-commerce site, increased 95.8% to $23.1 million from $11.8 million in the prior year period.

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West 49 Inc. rejects Adrenalina's unsolicited proposal

West 49 Inc. (TSX: WXX) (the "Company"), announced today that its board of directors had considered the press release issued by Adrenalina Inc. announcing its unsolicited proposal to enter into negotiations to acquire West 49 Inc. for an unspecified combination of shares of Adrenalina and cash which Adrenalina indicated would equate to a price of Cdn.$0.55 cents per share, subject to, among other things, Adrenalina obtaining the requisite financing.

West 49 Inc.'s board of directors has unanimously rejected the unsolicited proposal as it does not believe that pursuing Adrenalina's proposal is in the best interests of West 49 Inc. or its shareholders.

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Gander Mountain Company Announces Preliminary Fiscal 2008 Fourth Quarter Results

Gander Mountain Company (http://www.gandermtn.com) (Nasdaq: GMTN), the nation's largest retail network of stores for hunting, fishing, camping, marine and outdoor lifestyle apparel and footwear, products and services today announced preliminary results for the fiscal fourth quarter ended January 31, 2009.

Highlights:
-- Record Retail segment fourth quarter net income of approximately $23 million compared to net income of $7 million for the fourth quarter of fiscal 2007.
-- Record cash flows provided by operating activities of approximately $108 million in the fourth quarter.

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Charming Shoppes Reports Third Quarter Results; Provides Updated Outlook for Fourth Quarter

Charming Shoppes, Inc. (Nasdaq: CHRS) a leading multi-brand apparel retailer specializing in women's plus-size apparel, today reported sales and operating results for the third quarter and nine months ended November 1, 2008. The Company also announced the commencement of a restructuring plan, expected to result in total cost savings of $100 - $125 million, with approximately $75 million occurring in fiscal year 2010, and a significant plan for the transformation of its merchandise strategy. Additionally, the Company announced its intention to discontinue the Lane Bryant Woman(TM) catalog, and additional store closings, and provided an updated outlook for its fourth fiscal quarter ending January 31, 2009.

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