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Champion is phasing out an exclusive line at Target and Wall Street isn't pleased.Hanesbrands, the parent of Hanes, Champion, Maidenform and Playtex, plunged 19% on Wednesday after it told investors that it would end a longtime deal with Target.The company reported that its profit last quarter fell 18% from the same time last year because costs and expenses both grew, adding to the stock selloff.Hanesbrands has partnered with Target, selling the C9 by Champion men's, women's and children's activewear clothing and shoe brand for 15 years. But the company won't renew its contract for the line with Target when it expires in early 2020.Once the deal lapses, Hanesbrands will still sell clothes there. The retailer accounted for 13% of the company's .4 billion in sales last year and was the biggest customer in its activewear business. Target was Hanesbrands' second largest buyer overall behind Walmart.C9 has been a big cash driver for Hanesbrands, raking in 0 million in sales over the last 12 months. The line also includes sports equipment and extends to plus-size shoppers and pregnant women.Champion is the company's second-largest brand behind Hanes, and it has been growing as it heads to retailers in new markets, including Europe and Asia. Champion has benefited from partnerships with designers and brands like Supreme."Consumers are demanding brands with athletic authenticity," CEO Gerald Evans told analysts on a call Wednesday. "We have driven a brand elevation strategy for Champion to capitalize on these consumer dynamics."The brand's global sales grew 18% last quarter, and Hanesbrands projects Champion will reach more than billion in sales by 2022.Although the company said ending the C9 contract with Target won't affect its long-term forecast for Champion, analysts grilled Hanesbrands executives for answers on why the deal expired and how it planned to replace C9 sales.Evans said Hanesbrands hasn't determined whether it will end the line after 2020, but he left the door open to continuing C9 at another retailer: "There is equity in that brand."One analyst on the call, Doug Thomas at Gamco Investors, believed Target made a mistake by walking away from C9."I just feel like Target must be really out of touch with maybe their core consumers," he said. "This is the time in my view— and I guess a lot of other people's view— to redouble their commitment to Champion." 2416

CARLSBAD, Calif. (KGTV) -- Carlsbad is known for The Flower Fields, Legoland, golf, and its family-friendly beaches, but the Village by the Sea is also home to several hidden gems. "Most people have seen us on top of the hill, on top of the Flower Fields. Certain times of the day, you might notice a beautiful crystal piece, sparkling at the top of our building. Still, most people aren't aware they can come and visit, it's probably one of the best-kept secrets in Carlsbad," said Cathryn Ramirez, Director of Global Business Development at the Gemological Institute of America. The Institute is the global headquarters of the GIA. The non-profit is home to a museum, research lab, and school. Students come from around the world to study gems and jewelry design. "We have not only our education campus here, but we have our laboratory where we do grading of gemstones, we do research here, and it's our corporate offices as well," said Ramirez. The GIA houses more than a thousand gems and pieces of jewelry. Tours are available by reservation. Another one of Carlsbad's best-kept secrets is a short walk from the GIA. "It's off the beaten track. Everyone knows where Legoland is, Legoland is a great attraction here in Carlsbad or the Flower Fields, and then we're tucked in right between those two large attractions. We both love and are challenged by the term "hidden gem," said B.J Morgan. Morgan is the marketing manager of the Museum of Making Music. "People can expect to see all the way back to the 1890's at the turn of the century, what life was like when those instrument innovations were taking place, what music was being made on those instruments and what it was like to walk into your local retail store," said Morgan.The museum hosts several concerts a month featuring local and national artists. There's a field trip program for kids and a chance for adults to learn an instrument and join a band."I love hearing about people who are inspired to make music and to play, anybody who comes to the museum doesn't have to be a musician, I think we have an innate appreciation for music," said Morgan.Like much of San Diego County, Carlsbad is home to miles of hiking trails. The Calavera Hills Nature preserve is a 110-acre site that includes more than four miles of hiking and biking trails. It's also a habitat for several threatened or endangered species.Visitors may not realize it's also home to a volcano."Millions of years ago, there was a volcano, it's now extinct. Obviously, it's no threat to anyone, but it's a beautiful place to go visit," said Rosanne Humphrey, Coordinator for the city's Habitat Management program. Calavera Hills is home to a volcanic plug, one of only a few in Southern California. "Which means the volcanic rock that came up through the opening, solidified and over time, it just became inactive, and now all that's left is pretty much a rocky mountain," said Humphrey. 2928

CAPE CANAVERAL, Fla. (AP) — What looks like an asteroid may just be an old rocket from a failed moon-landing mission more than 50 years ago. The newly spotted object is expected to get nabbed by Earth's gravity and become a mini moon next month. NASA's leading asteroid expert thinks it is the upper rocket stage from a 1966 mission. Observations as the object draws closer should help nail its identity. He speculates the object is the Centaur stage from NASA's Surveyor 2 mission, dating back to 1966. It's expected to shoot back out into its own orbit around the sun next March. 589

CARLSBAD, Calif. (KGTV) - A drone company based in Carlsbad has found a way to use their drones to help the fight against COVID-19.Charles Moss, the owner of FD1 Drone, created new software that uses artificial intelligence to track the size of crowds, as well as the distance between people. He hopes it can be used to enforce social distancing in public places."It's a tool," says Moss. "It's the ultimate tool to enhance our current abilities."The software connects a drone's camera with a computer, feeding real-time information about crowd size and social distancing. It can also detect which people are wearing masks, and which people aren't.On the computer screen, green dots show people who are property distanced. Red dots mean they're too close.Moss says it can be used at parks, beaches, schools, shopping centers, concerts or anywhere else people gather.And the software isn't confined to drones. Moss says it can be installed on street light cameras, similar to the technology the City of San Diego uses in their Internet of Things system. Like the IOT system, Moss' software does not use any facial recognition technology."In order to give people a better comfort out in public, they need insight as to their environments," he says. "The human brain can only process so much data, so much information. This will help them make better decisions."Moss says he's been in contact with a few cities and schools to deploy the technology, but concerns over cost and training has kept his software grounded.He's hopeful it will catch on soon, so it can help keep people safe during the Pandemic.But he says it also has practical applications after the Pandemic ends. Moss says his software could be used to spot wildfires, measure deterioration in coral reefs, inspect power lines and more."It's more of a tool to provide situational awareness, so we can plan," says Moss. "We call it AI for good." 1914

CHEYENNE, Wyo. — Wyoming Gov. Mark Gordon says he has tested positive for the coronavirus, but has only minor symptoms.Gordon said Wednesday that he plans to continue working remotely.The Centers for Disease Control and Prevention recommends people who test positive for the virus isolate themselves for 10 days.Gordon said on Nov. 13 that Wyoming residents need to be more responsible about preventing the spread of the coronavirus. In his words, “We’ve relied on people to be responsible, and they’re being irresponsible,” Gordon joins nearly 26,700 Wyoming residents who have tested positive. 603