Nike Sets More Layoffs

After laying off 255 employees in Oregon in July, Nike Inc. told the state it is scheduled to lay off an additional 490 by the end of September.

Newell Brands Cuts Outlook On Harvey Impact

Newell Brands announced that it is updating its 2017 normalized earnings per share guidance for the anticipated effects of Hurricane Harvey on its U.S. manufactured resin businesses, including increasing inflationary pressure through the third quarter.

Unifi Appoints CFO

Unifi Inc. appointed Jeffrey C. Ackerman as executive vice president and chief financial officer, effective immediately.

Hibbett Sports To Sponsor University Of Alabama Football

Hibbett Sports, based in a Birmingham, AL, announced a three-year sponsorship deal with the University of Alabama’s football program for the 2017, 2018 and 2019 seasons. The retailer has sponsored Crimson Tide athletics and the football team since 2008.