Unifi, Inc. posted a loss of $676,000, or 1 penny per share, in its first quarter ended Sept. 28 compared to a deficit of $9.2 million, or 15 cents, a year ago. Increased sales of the company's premium value-added yarns and other product mix enrichm
Author: Thomas J. Ryan
Thomas J. Ryan
Senior Business Editor | SGB Media
tryan@sgbonline.com | 917.375.4699
NanoHorizons Names Textile VP
NanoHorizons Inc. appointed Timothy Skedzuhn to the position of VP, textile business. Skedzuhn has more than 20 years of executive sales leadership experience with a recognized expertise in the application of antimicrobial solutions. Prior to joining Nano
Perry Ellis Strengthens Bank Credit Facility
Perry Ellis International, Inc. entered into an amendment to renew its credit facility until February 1, 2012, with a syndicate of banks and other financial institutions including Wachovia Bank National Association as agent and lender, the addition of Ban
Garmin Q3 Outdoor/Fitness Sales Jump 35%
Garmin Ltd. reported total revenue in the third quarter reached $870 million, up 19% from $729 million in third quarter 2007. Outdoor/Fitness segment revenue increased 35% to $119 million…
Garmin Q3 Outdoor/Fitness Sales Jump 35%
Garmin Ltd. reported total revenue in the third quarter reached $870 million, up 19% from $729 million in third quarter 2007. The outdoor/fitness segment revenue increased 35% to $119 million…
Report: Callaway Golf Lays Off 154
Callaway Golf laid off 154 employees on Oct. 18, company spokeswoman Michele Szynal told the San Diego Business Journal. The layoffs were announced to employees in August. The spokeswoman attributed the layoffs to Callaway consolidating its manufacturing
Under Armour Reports 28.1% Q3 Profit Gain; Slightly Lowers FY08 Outlook
Under Armour Inc. posted healthy third quarter profits on strong sales gains, but it slightly lowered its full-year outlook due to the economic environment. In the third quarter, net revenues increased 24.1% to $231.9 million from $186.9 million a year ag
SCARPA Centralizes U.S. Headquarters
SCARPA North America plans to unify its offices, warehouse, shipping/receiving facilities and warranty/repair division in a new headquarters located in Boulder, CO. The new facility will be up and running by the first of the year. Currently, SCARPA North
Billabong Raises Guidance Due to Falling Aussie Dollar
Billabong International upgraded its guidance due to the benefits of a falling Australian dollar. At the company's annual general meeting in Australia, Billabong CEO Derek O'Neill said that Billabong now was forecasting earnings per share growth
REI to Open Store in Oxnard, CA
Recreational Equipment, Inc. (REI) plans to open a new store in Oxnard, CA in the fall of 2009. Located along Highway 101 at The Collection at Riverpark, the 28,000 square-foot, two-story REI will be the eighth location in the greater Los Angeles area, jo
Nike Expands Eco-Friendly Options To All Divisions
Nike, which has been offering its environmentally friendly Nike Considered Design products for several years now, says that for the first time, it will offer such products in all six of its divisions – basketball, running, soccer, women's training, m
Etonic Worldwide Renews Golf Retirement Plus Sponsorship
Etonic renewed its supporting partnership in Golf Retirement Plus. Golf Retirement Plus is a supplemental retirement program for PGA Professionals and apprentices, GCSAA Superintendents, and CMAA Club Managers, which allows them to make their own contribu
Delta Apparel Reports 26% Q1 Sales Gain
Delta Apparel Inc. reported sales for its first quarter ended Sept. 27, 2008 were $91.4 million, an increase of 26% over the year-ago period. Net income for the first quarter was $700,000, or 8 cents per share, compared to the prior year’s first quarter n
Mizuno Hires VP/General Mgr. of Running Division
Mizuno USA, Inc. has named Fritz Taylor as its new VP/general manager of the Running Division. Taylor joins Mizuno from Brooks Sports, where he served as SVP of Footwear. A veteran of the athletic footwear industry with a proven track record of success, T
Boot Barn Acquires 22 Stores
Boot Barn Holding Corp., the western footwear and apparel retailer, has completed the purchase of twenty-two retail stores in Arizona (12), New Mexico (9) and Nevada (1) from BTWW Retail, L.P. (BTWW). The 22 store acquisition boosts Boot Barn's posi