SGB Update

Unifi’s Fiscal Q2 Sales Plummet 32 Percent

Unifi, Inc. reported a net loss of $18 million in its fiscal second quarter ended January 1 as sales fell 32 percent. Results were in line with a pre-announcement on January 19.

New Era Snags Licensing Deal For Formula E Racing

Formula E and international sports and lifestyle brand, New Era, have entered into a multi-year global licensing deal for a range of fan headwear products with New Era supplying the official podium cap for the first time in motorsport.

SK Guns Names Chief Creative Director

SK Guns named Peter Grillone as chief creative officer, responsible for leading a team of designers, historians and copywriters on the growth of the SK brand.

Peloton Fiscal Q2 Results Surge Past Wall Street Targets

Peloton Interactive Inc. narrowed its loss in the fiscal second quarter ended December 31, boosted by revenues coming well above Wall Street targets. The connected fitness leader also provided an upbeat outlook and also indicated it no longer intends to sell Precor.

Ugg Parent Sues Walmart For Patent Infringement

Deckers Brands, the parent of Ugg, Hoka and Teva brands, filed a lawsuit in California Central District Court against Walmart, charging the retailer infringed on copyrighted product designs.

Wiley X Opens New HQ In Frisco, TX

As Wiley X, the family-owned eyewear brand celebrates its 35th Anniversary, it also opened its new headquarters in Frisco, TX.