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The Canadian Press

Warnock makes history with Senate win as Dems near majority

ATLANTA — Democrat Raphael Warnock won one of Georgia’s two Senate runoffs Wednesday, becoming the first Black senator in his state’s history and putting the Senate majority within the party’s reach.A pastor who spent the past 15 years leading the Atlanta church where Martin Luther King Jr. preached, Warnock defeated Republican incumbent Kelly Loeffler. It was a stinging rebuke of outgoing President Donald Trump, who made one of his final trips in office to Georgia to rally his loyal base behind the state’s Republican candidates.In an emotional address early Wednesday, he vowed to work for all Georgians whether they voted for him or not, citing his personal experience with the American dream. His mother, he said, used to pick “somebody else’s cotton” as a teenager.“The other day, because this is America, the 82-year-old hands that used to pick somebody else’s cotton picked her youngest son to be a United States senator,” he said. “Tonight, we proved with hope, hard work and the people by our side, anything is possible.”His victory marks a “reversal of the old southern strategy that sought to divide people,” Warnock told ABC’s “Good Morning America.”The focus now shifts to the other race between Republican David Perdue and Democrat Jon Ossoff.Ossoff held a small lead as of early Wednesday afternoon, though it was too early to call the race. Under Georgia law, a trailing candidate may request a recount when the margin of an election is less than or equal to 0.5 percentage points.If Ossoff wins, Democrats will have complete control of Congress, strengthening President-elect Joe Biden’s standing as he prepares to take office on Jan. 20. A Democratic sweep would also make it more difficult for Republicans to block Biden’s ambitious progressive agenda, along with his Cabinet picks and judicial nominations.This week’s elections mark the formal finale to the turbulent 2020 election season more than two months after the rest of the nation finished voting. The unusually high stakes transformed Georgia, once a solidly Republican state, into one of the nation’s premier battlegrounds for the final days of Trump’s presidency — and likely beyond.Warnock’s victory is a symbol of a striking shift in Georgia’s politics as the swelling number of diverse, college-educated voters flex their power in the heart of the Deep South. It follows Biden’s victory in November, when he became the first Democratic presidential candidate to carry the state since 1992.The Associated Press declared Warnock the winner after an analysis of outstanding votes showed there was no way for Loeffler to catch up. Warnock’s edge is likely to grow as more ballots are counted, many of which were in Democratic-leaning areas.Loeffler refused to concede in a brief message to supporters shortly after midnight.“We’ve got some work to do here. This is a game of inches. We’re going to win this election,” insisted Loeffler, a 50-year-old former businesswoman who was appointed to the Senate less than a year ago by the state’s governor.Loeffler, who remains a Georgia senator until the results of Tuesday’s election are finalized, returned to Washington on Wednesday morning to join a small group of senators planning to challenge Congress’ vote to certify Biden’s victory.Georgia’s other runoff election pitted Perdue, a 71-year-old former business executive who held his Senate seat until his term expired on Sunday, against Ossoff, a former congressional aide and journalist. At just 33 years old, Ossoff would be the Senate’s youngest member.“This campaign has been about health and jobs and justice for the people of this state — for all the people of this state,” Ossoff said in a speech broadcast on social media Wednesday morning. “Whether you were for me, or against me, I’ll be for you in the U.S. Senate. I will serve all the people of the state.”Trump’s false claims of voter fraud cast a dark shadow over the runoff elections, which were held only because no candidate hit the 50% threshold in the general election. He raised the prospect of voter fraud as votes were being cast and likened the Republicans who run Georgia’s election system to “chickens with their heads cut off” during a Wednesday rally in Washington.Gabriel Sterling, a top official with the Georgia secretary of state’s office and a Republican, said there was “no evidence of any irregularities.””The biggest thing we’ve seen is from the president’s fertile mind of finding fraud where none exists,” he said.Both contests tested whether the political coalition that fueled Biden’s November victory was an anti-Trump anomaly or part of a new electoral landscape. To win in Tuesday’s elections — and in the future — Democrats needed strong African American support.AP VoteCast, a survey of more than 3,700 voters in Tuesday’s contests, found that Black voters made up roughly 30% of the electorate, and almost all of them — 94% — backed Ossoff and Warnock. The Democrats also relied on the backing of younger voters, people earning less than $50,000 annually and newcomers to the state.The Republican coalition backing Loeffler and Perdue was the mirror opposite: white, older, wealthier and longtime Georgia residents.The coalition closely resembles the one that narrowly handed Georgia’s Electoral College votes to Biden in November, making him the first Democratic presidential candidate to win the state in almost three decades.Trump’s claims about voter fraud in the 2020 election, while meritless, resonated with Republican voters in Georgia. About 7 in 10 agreed with his false assertion that Biden was not the legitimately elected president, AP VoteCast found.Election officials across the country, including the Republican governors in Arizona and Georgia, as well as Trump’s former attorney general, William Barr, have confirmed that there was no widespread fraud in the November election. Nearly all the legal challenges from Trump and his allies have been dismissed by judges, including two tossed by the Supreme Court, where three Trump-nominated justices preside.Even with Trump’s claims, voters in both parties were drawn to the polls because of the high stakes. AP VoteCast found that 6 in 10 Georgia voters say Senate party control was the most important factor in their vote.Turnout exceeded both sides’ expectations. Ultimately, more people cast ballots in the runoffs than voted in Georgia’s 2016 presidential election.Former President Barack Obama, the nation’s first Black president, issued a statement praising the election of Georgia’s first African American senator and his ability to improve divisions in Washington.“Georgia’s first Black senator will make the (Senate) chamber more reflective of our country as a whole and open the door for a Congress that can forego gridlock for gridlock’s sake to focus instead on the many crises facing our nation,” Obama said.On the ground in Georgia, meanwhile, many in the state’s large African American community were ecstatic when they awoke to news of Warnock’s win on Wednesday. Tracey Bailey, a 58-year-old assistant community manager at an apartment complex in downtown Atlanta, said she jumped for joy.“It’s going to be great for Georgia, and it’s going to be great for our Black community as a whole,” she said. “I think he’s going to be a fair guy for the people, and that’s for all people.”___Peoples reported from New York. Bynum reported from Savannah, Ga. Associated Press writers Haleluya Hadero, Angie Wang, Sophia Tulp, Ben Nadler and Kate Brumback in Atlanta contributed to this report.Steve Peoples, Bill Barrow And Russ Bynum, The Associated Press

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Roots sees room for expansion in activewear, reports $5.2M Q2 loss and sales drop

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TORONTO – Roots Corp. may have built its brand on all things comfy and cosy, but its CEO says activewear is now “really becoming a core part” of the brand.

The category, which at Roots spans leggings, tracksuits, sports bras and bike shorts, has seen such sustained double-digit growth that Meghan Roach plans to make it a key part of the business’ future.

“It’s an area … you will see us continue to expand upon,” she told analysts on a Friday call.

The Toronto-based retailer’s push into activewear has taken shape over many years and included several turns as the official designer and supplier of Team Canada’s Olympic uniform.

But consumers have had plenty of choice when it comes to workout gear and other apparel suited to their sporting needs. On top of the slew of athletic brands like Nike and Adidas, shoppers have also gravitated toward Lululemon Athletica Inc., Alo and Vuori, ramping up competition in the activewear category.

Roach feels Roots’ toehold in the category stems from the fit, feel and following its merchandise has cultivated.

“Our product really resonates with (shoppers) because you can wear it through multiple different use cases and occasions,” she said.

“We’ve been seeing customers come back again and again for some of these core products in our activewear collection.”

Her remarks came the same day as Roots revealed it lost $5.2 million in its latest quarter compared with a loss of $5.3 million in the same quarter last year.

The company said the second-quarter loss amounted to 13 cents per diluted share for the quarter ended Aug. 3, the same as a year earlier.

In presenting the results, Roach reminded analysts that the first half of the year is usually “seasonally small,” representing just 30 per cent of the company’s annual sales.

Sales for the second quarter totalled $47.7 million, down from $49.4 million in the same quarter last year.

The move lower came as direct-to-consumer sales amounted to $36.4 million, down from $37.1 million a year earlier, as comparable sales edged down 0.2 per cent.

The numbers reflect the fact that Roots continued to grapple with inventory challenges in the company’s Cooper fleece line that first cropped up in its previous quarter.

Roots recently began to use artificial intelligence to assist with daily inventory replenishments and said more tools helping with allocation will go live in the next quarter.

Beyond that time period, the company intends to keep exploring AI and renovate more of its stores.

It will also re-evaluate its design ranks.

Roots announced Friday that chief product officer Karuna Scheinfeld has stepped down.

Rather than fill the role, the company plans to hire senior level design talent with international experience in the outdoor and activewear sectors who will take on tasks previously done by the chief product officer.

This report by The Canadian Press was first published Sept. 13, 2024.

Companies in this story: (TSX:ROOT)

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Talks on today over HandyDART strike affecting vulnerable people in Metro Vancouver

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VANCOUVER – Mediated talks between the union representing HandyDART workers in Metro Vancouver and its employer, Transdev, are set to resume today as a strike that has stopped most services drags into a second week.

No timeline has been set for the length of the negotiations, but Joe McCann, president of the Amalgamated Transit Union Local 1724, says they are willing to stay there as long as it takes, even if talks drag on all night.

About 600 employees of the door-to-door transit service for people unable to navigate the conventional transit system have been on strike since last Tuesday, pausing service for all but essential medical trips.

Hundreds of drivers rallied outside TransLink’s head office earlier this week, calling for the transportation provider to intervene in the dispute with Transdev, which was contracted to oversee HandyDART service.

Transdev said earlier this week that it will provide a reply to the union’s latest proposal on Thursday.

A statement from the company said it “strongly believes” that their employees deserve fair wages, and that a fair contract “must balance the needs of their employees, clients and taxpayers.”

This report by The Canadian Press was first published Sept. 12, 2024.

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Transat AT reports $39.9M Q3 loss compared with $57.3M profit a year earlier

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MONTREAL – Travel company Transat AT Inc. reported a loss in its latest quarter compared with a profit a year earlier as its revenue edged lower.

The parent company of Air Transat says it lost $39.9 million or $1.03 per diluted share in its quarter ended July 31.

The result compared with a profit of $57.3 million or $1.49 per diluted share a year earlier.

Revenue in what was the company’s third quarter totalled $736.2 million, down from $746.3 million in the same quarter last year.

On an adjusted basis, Transat says it lost $1.10 per share in its latest quarter compared with an adjusted profit of $1.10 per share a year earlier.

Transat chief executive Annick Guérard says demand for leisure travel remains healthy, as evidenced by higher traffic, but consumers are increasingly price conscious given the current economic uncertainty.

This report by The Canadian Press was first published Sept. 12, 2024.

Companies in this story: (TSX:TRZ)

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