FinancialNews

Financial Roundup: VF Scores on Direct Sales, Columbia’s Brands All See Gains, Repreve Leads Unifi, E-Commerce Aids Carter’s

VF Corp. credits direct-to-consumer for gains, value-added fibers keep Unifi spinning and Carter's sites online sales gains.

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Raw Materials

Unifi Profit Falls in Q2

Increased demand from U.S. manufacturers for polyester and nylon wasn’t enough to offset sliding prices and tough economic conditions in Brazil as yarn producer Unifi Inc. this week revealed that its preliminary second-quarter profit fell from $9.4 million to $6.5 million, or $0.36 per basic share.

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