Unifi Announces Executive Team Additions And Promotions

Unifi Inc. appointed Richard E. Gerstein as executive vice president, global branded Premium Value Added (PVA) products and chief marketing officer, and John Vegas as executive vice president, global chief human resources officer, effective August 14 and 21, respectively.

GoPro’s Stock Surges On Upbeat Quarter

GoPro reported second quarter results that came in well above internal guidance, forecast a smaller-than-expected loss for the third quarter, and indicated it was on track to launch the latest version of its flagship camera by the holiday season to all support its goal of returning to adjusted profitability in 2017.

Newell Brands’ Play Segment Sees Modest Q2 Decline

Pro forma core sales declined 1.2 percent as solid growth on Beverages, Coolers and Team Sports was more than offset by a decline on Fishing related to broad retail inventory destocking across specialty and mass retailers and the negative impact of a key retail customer bankruptcy.