Unifi’s Q3 Earnings Tumble

Unifi Inc. reported earnings fell sharply in the third quarter ended March 25 due to rising raw material costs and sales mix challenges. The maker of synthetic and recycled performance fibers now expects operating earnings for its fiscal year to be “well below” year-ago levels.

Peloton Adds Board Member

Peloton, the the in-home fitness and technology company, announced that Pamela Thomas-Graham has been elected to the company’s board of directors, effective immediately.

Shimano’s Q1 Earnings Climb 13 Percent

Shimano Inc. reported earnings rose 13.2 percent in the first quarter on a 6.7 percent revenue gain.  The Bicycle Components segment delivered a 5.1 percent sales gain while the Fishing Tackle segment expanded 13.2 percent.

New Sales Chief For Primos, Gold Tip And Bee Stinger

Hunting and archery brands Primos Hunting, Gold Tip and Bee Stinger have named industry veteran Jason Harris vice president of sales and entered into a strategic partnership with sales representation firm Ken Jefferies and Associates.

Converse Appoints New CMO

Nike Inc’s Converse brand has appointed Sophie Bambuck to the role of chief marketing officer, replacing Julien Cahn who left the brand in February to lead marketing at Supreme.