High inventory levels dint Unifi
06/11/2023
US-based Unifi, makers of Repreve recycled yarn, has reported a 22% dip in first quarter sales to $138.8 million, primarily due to weak demand from clothing brands. CEO Eddie Ingle said: “Given the current challenges facing the industry, our customers have continued to take a cautious approach to placing new orders as they work through existing...
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