ATLANTA — Driven by operational improvements and growth of premium value-added products, Unifi, Inc. reported a net income of $771,000, or one cent per share, in the fourth quarter, ended June 29.
Unifi had reported a net loss of $74.2 million, or $1.23 per share, in the year-ago quarter. For the fiscal year, the Greensboro, N.C.-based fiber company reported a net loss of $16.2 million, or 27 cents per share, compared to a net loss of $115.8 million, or $2.06 per share, in fiscal 2007.
Issa Rae stopped by WWD's NYC headquarters to talk about season two of "Insecure," which premieres this Sunday on HBO. Click link in bio for all the details. #wwdeye (📷: @jgreenery; Styled by @mayteallende)
A Stella McCartney sketch of a custom dress made from protein-based silk in partnership with biotech lab Bolt Threads. The dress will be displayed at The Museum of Modern Art's upcoming design exhibition, "Items: Is Fashion Modern?"