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Microban Benefiting From Heightened Focus On Cleanliness

For Microban International. Ltd., the specialist in antimicrobial and odor control solutions, one benefit from COVID-19 has been the increased focus on sanitization and the company is accelerating the development of custom antiviral solutions for textiles. Here, Brian Aylward, Microban’s senior director, global textiles business, discusses the elevated opportunities around antimicrobial technologies created by the pandemic that he expects will make Microban a household name. 

Apex Global Brands Posts Loss In Q4

Apex Global Brands, the parent of  Hi-Tec and Cherokee, reported a net loss of $1.1 million in the fourth quarter ended February 1 compared to net income of $0.2 million a year ago. Revenues declined to $5.5 million from $6.1 million.

Clarus Terminates SKB Acquisition Due To COVID-19 Uncertainty

Clarus Corp., in an 8-K filing Friday morning, said it was terminating its planned acquisition of protective case manufacturer S.K.B. Corporation (SKB) due to “recent events surrounding the COVID-19 global pandemic, and the economic uncertainties in the United States and globally.”

Is Your Outdoor Brand Eligible For Tariff Relief?

A Thursday webcast hosted by the Outdoor Industry Association outlined the ways that outdoor brands that make a variety of products can apply for tariff exclusions or deferrals, saving them money during this difficult time. It’s a tricky process, but here are a few tips on how to begin.

Unifi Posts Loss On Impairment Charge Tied To Sale

Unifi Inc. reported that it completed sale of its 34 percent interest in Parkdale America, LLC (PAL) to the existing majority partner, Parkdale, Inc., in an all-cash transaction for $60.0 million. The fibers manufacturer also posted a loss in the third quarter ended March 2 after a charge related to the sale.

Delta Apparel Ekes Out EPS Beat In Q1

Delta Apparel Inc. reported earnings per share for its fiscal second quarter ended March 28 of 19 cents, beating analysts’ estimates by 1 cent while revenue of $96.7 million was in line with Wall Street’s targets—two notable achievements as the coronavirus impacted business in the latter half of the period.

How COVID-19 Is Impacting The Outdoor Recreation Industry

The outdoor recreation industry is facing dramatically decreased sales and revenue, difficulties with production and distribution, and large numbers of furloughs and layoffs due to the coronavirus, according to member survey from the Outdoor Recreation Roundtable (ORR).