Milliken & Company Charitable Foundation Commits $100,000  To Military Women’s Memorial, Sponsoring New Uniform Exhibit

The Milliken & Company Charitable Foundation logo croppedSPARTANBURG, S.C.— November 6, 2026 — The Milliken & Company Charitable Foundation today announced the commitment of $100,000 over four years to the Military Women’s Memorial in Arlington, Virginia.

Photo credit: Military Women’s Memorial

For more than 60 years, Milliken & Company fabric has been part of U.S. military uniforms worn by generations of service members, including many of the women honored at the Military Women’s Memorial.

As founding sponsor of the Memorial’s new uniform exhibit, the Milliken & Company Charitable Foundation will help share the stories of women who have served in the U.S. Armed Forces, using the same craftsmanship and connection to service that has defined our military partnership since World War II. The gift extends that longstanding connection while supporting the Memorial’s broader renovation and redesign into a modern museum.

“We’re grateful to every woman who has served our country, many of whom have worn uniforms made with Milliken fabric during their service,” said Marcio Manique, EVP and Managing Director for Milliken’s apparel business. “Supporting this exhibit is one way we can help ensure their contributions are seen, understood, and remembered for generations to come.”

The new exhibit will offer an opportunity to explore military women’s service through the uniforms that accompanied them on the battlefield and beyond. Milliken’s four-year commitment will support the Memorial as it develops the exhibit and advances its wider transformation.

“On behalf of the Military Women’s Memorial and the more than three million past and present servicewomen it represents, I extend our deepest gratitude to the Milliken & Company Charitable Foundation for its most generous financial commitment to the Memorial and its future,” said retired Army CW5 Phyllis Wilson, the Memorial’s president.

“Thanks to the Milliken & Company Charitable Foundation’s sponsorship of this planned, immersive exhibit, visitors from around the world will be introduced to America’s groundbreaking women who stepped up during World Wars I and II – women who broke down barriers and demonstrated their invaluable service – women who changed the military and the nation and laid the foundation for women serving today. We are honored to have the Milliken & Company Charitable Foundation support our important mission of telling the story of women’s service to the nation.”

The Memorial’s Phase 2 renovation, including engaging, reimagined exhibits like the Uniforms Exhibit, is anticipated to commence during the Memorial’s 30th anniversary year in 2027, with the overall project timeline and completion guided by the progress of the campaign.

Posted: November 7, 2026

Source: The Milliken & Company Charitable Foundation

Aduro Completes Longest Next Generation Process (NGP) Pilot Plant Campaign To Date: 120 Hours, Including Real-World Post-Consumer Plastic Waste

Aduro Clean Technologies Inc. logoLONDON, Ontario, Canada— November 5, 2026 — Aduro Clean Technologies Inc.,a clean technology company using the power of chemistry to transform lower value feedstocks, like waste plastics, heavy bitumen, and renewable oils, into resources for the 21st century, today provided an update on continued operating progress at its Next Generation Process (“NGP”) Pilot Plant.

Aduro Clean Technologies Inc. imageThe latest NGP campaign ran for approximately 120 hours over a period of five days, the longest reported to date, and marked further progress in the NGP program’s transition from controlled feedstock testing to processing real-world post-consumer plastic waste. During the campaign, the Pilot Plant transitioned from processing controlled polyethylene (“PE”)/polypropylene (“PP”) blends to PO95, a post-consumer plastic-waste agglomerate sourced from the Netherlands containing at least 95% polyolefins, principally PE and PP, while evaluating feedstock flexibility, process stability and operating continuity under changing conditions.

The campaign achieved condensable hydrocarbon yields of approximately 85%, in line with its performance target, while prioritizing operating flexibility rather than yield or product-quality optimization. With different feedstocks, operating conditions, and testing objectives, the September and October campaigns were designed to evaluate distinct aspects of process performance and are therefore not directly comparable.

The NGP Pilot Plant plays a central role in advancing Aduro’s Hydrochemolytic™ Technology (“HCT”) toward industrial deployment. Through a series of structured operating campaigns, the Company is evaluating how the integrated process responds to different feedstocks, operating parameters, and conditions. Each campaign is designed around specific technical objectives, and the resulting data used to refine equipment, controls and operating procedures while establishing and building the technical basis for scale-up.

Commercial plastic-waste streams are rarely uniform, and their composition can change over time as collection practices, sorting processes and market requirements evolve. Industrial recycling facilities must therefore accommodate both variations in feedstock composition and longer-term changes in available waste streams, while managing residual contaminants and operating disruptions. The October campaign evaluated these practical requirements by testing the ability of the NGP system to transition between feedstocks, respond to interruptions and maintain operation without a complete shutdown. These capabilities are important to plant availability and operating economics at industrial scale. The growing body of technical findings and operating experience from successive NGP campaigns is informing equipment selection, process controls, and operating procedures for the First-of-a-Kind (“FOAK”) Plant at Chemelot, where engineering and permitting activities are underway.

Highlights

  • Longest reported NGP campaign: The Pilot Plant completed approximately 120 hours of operation over five days, 60% longer than the 75-hour campaign reported in September.
  • Multiple feedstock transitions: The campaign began with a 50:50 PE/PP blend, transitioned to an 80:20 PE/PP blend, then to post-consumer PO95 feedstock for approximately 20 hours, before returning to the 80:20 PE/PP blend, all without a complete process shutdown.
  • Post-consumer recycled feedstock: PO95 is a commercially available post-consumer waste-plastic agglomerate containing at least 95% polyolefins, principally PE and PP. The material sourced from the Netherlands contained approximately 1.5% polyethylene terephthalate (“PET”) 1.2% polyamide (“PA”), and up to 1% polystyrene (“PS”), together with fillers, additives and other residual constituents characteristic of post-consumer waste plastics. Processing this material extends NGP testing beyond controlled PE/PP blends to an established grade of post-consumer waste-plastic feedstock.
  • Operating resilience: Planned interruption tests were performed with each feedstock type, with the Operations team successfully restoring target operating conditions without a complete shutdown. The campaign also experienced an unexpected short-duration power outage from the local utility, during which backup systems engaged and the Pilot Plant continued operating.
  • Condensable hydrocarbon recovery: The campaign achieved approximately 85% condensable hydrocarbon yield, meeting its performance target. Operating conditions were selected to evaluate feedstock transitions, process stability, and operating continuity, rather than to maximize hydrocarbon yield.
  • Wastewater data for FOAK development: A representative wastewater sample collected during processing of PO95 will undergo detailed characterization to inform wastewater treatment system design and support environmental permitting for the FOAK Facility.

The October campaign builds on the September NGP campaign, which evaluated three controlled PE/PP feed compositions over 75 hours and reported condensable hydrocarbon yields ranging from 88.8% to 90.8%. While September focused on performance across controlled feedstock compositions, October extended operating duration and shifted the emphasis toward feedstock flexibility, process stability, and operating continuity, including the introduction of post-consumer recyclate. Together, these campaigns reflect the structured approach of the NGP program, with successive tests designed to build a more complete understanding of process performance, operating characteristics, and the requirements for industrial scale-up.

The introduction of PO95 represents an important progression in the NGP testing program. In the European plastics recycling industry, PO95 is a recognized designation for recycled-plastic agglomerate containing at least 95% polyolefins, principally PE and PP. Unlike the controlled blends used in earlier campaigns, this post-consumer material is more representative of feedstocks commonly processed by the recycling industry and contains residual constituents associated with collection, sorting, and recycling processes. These constituents introduce additional considerations for process control, hydrocarbon recovery, and product characteristics. Processing this feedstock provides operating experience with materials more representative of those being evaluated for the FOAK Plant at Chemelot.

The campaign also evaluated the response of the integrated NGP system to planned and unplanned operating disruptions. Controlled interruption tests were performed with each feedstock type to assess process response, controls, and operating procedures. Following each test, the Operations team restored target operating conditions without a complete shutdown. During an unexpected utility power outage, backup systems engaged and maintained Pilot Plant operation. These experiences provide practical information on operating resilience, backup systems, process controls, and operating procedures for larger-scale operation. These capabilities are important to maintaining plant availability and, in turn, supporting operating economics at industrial scale.

The October campaign included the collection of a representative wastewater sample during processing of PO95 to support FOAK Facility development at Chemelot. A representative sample collected during processing of PO95 will undergo detailed characterization to inform wastewater treatment system design and support the environmental permitting process. Ebert HERA B.V., engaged by Aduro to lead civil and environmental permitting, is advancing this workstream alongside the FOAK Early Works engineering and procurement activities being undertaken by Saipem S.p.A. Operating information from the NGP program continues to provide inputs for the industrial design as these activities progress.

“We continue to make progress in transitioning from cleaner, controlled feedstocks to processing genuine post-consumer plastic waste,” said Ofer Vicus, Chief Executive Officer at Aduro. “The data generated through these campaigns are helping us better understand how HCT performs under conditions representative of industrial applications, while also allowing us to validate and refine our approach to different markets. Scale-up is not defined by yield and process performance alone. It also requires understanding the characteristics of available feedstocks and the operating requirements of specific geographic markets and industrial sites. The NGP Pilot Plant is providing the practical knowledge needed to make those decisions as we advance the FOAK Plant at Chemelot and prepare for future industrial deployment.”

“Each campaign is strengthening the operating team’s understanding of the relationships between feedstock composition, process response and the adjustments needed to maintain stable operation,” said David Weizenbach, Chief Operating Officer at Aduro. “The operators are learning to recognize those changes earlier, respond more effectively and restore the process to the appropriate operating range. We capture those lessons in our SOPs, controls and operating practices and then apply them in the next campaign. That accumulation of practical operating experience is an important part of preparing for larger-scale operation.”

Aduro will continue its structured NGP testing program through additional campaigns evaluating different feedstocks, operating parameters, and process conditions. Findings from successive campaigns will be used to refine process controls, equipment configuration and operating procedures while expanding the technical dataset supporting ongoing FOAK engineering, project development, and future industrial deployment of HCT.

Posted: November 7, 2026

Source: Aduro Clean Technologies Inc.

AATCC Builds Global Textile Marketplace Presence

DURHAM, N.C. — November 6, 2026 — The American Association of Textile Chemists and Colorists (AATCC) is strengthening its visibility across the global textile marketplace, with its upcoming exhibition at ITMA ASIA + CITME in Shanghai, November 20–24, a major focus of that effort. Following Functional Fabric Fair Fall in Portland and alongside its participation in this week’s Advanced Textiles Expo in Orlando, AATCC is bringing its expertise directly to the places where textile professionals connect, discover technologies, and make business decisions.

Connecting in Shanghai

AATCC’s presence in Shanghai underscores its commitment to building relationships across China, Asia, and the broader international textile community. Taking place at the National Exhibition and Convention Center, ITMA ASIA + CITME brings together technologies spanning textile production, processing, recycling, and testing. For AATCC, the exhibition provides an important opportunity to reach new audiences, engage existing members and partners, and broaden awareness of its standards, educational programs, and technical resources.

At Hall 6.1, Stand A25, visitors can connect directly with AATCC representatives and explore interactive displays and tools supporting textile quality and performance evaluation. Featured resources include color evaluation scales, lightfastness testing materials, and details on evaluating water resistance and repellency. AATCC representatives will discuss how standardized testing supports consistent results and how professionals can connect with the association through education, membership, and technical collaboration. Several AATCC corporate members will also participate in the exhibition, creating further opportunities for industry connection and knowledge exchange.

Engaging Across the Textile Marketplace

In the United States, that commitment includes participation in Functional Fabric Fair Fall, held October 26–28 in Portland, and Advanced Textiles Expo, taking place November 3–5 in Orlando. At Advanced Textiles Expo, AATCC is a Wellness Sponsor and supporting organization, reinforcing its engagement with the advanced and industrial textiles community.

Another major milestone was Bharat Tex in New Delhi, July 14–17, marking AATCC’s first trade exhibition in India. This participation represented an important step in expanding the association’s international visibility and strengthening relationships within India’s textile industry. Displays and conversations introduced attendees to AATCC’s testing resources while providing opportunities to understand local industry needs and explore collaboration in standards, education, and research. Together, Bharat Tex and the upcoming Shanghai exhibition reflect AATCC’s commitment to deeper engagement in key textile markets.

Earlier this year, AATCC brought testing to life at Functional Fabric Fair Spring through its Textile Test Zone, connecting laboratory practices with sourcing and product development decisions. AATCC also attended and sponsored Textiles Recycling Expo USA and the NAUMD Convention, extending its reach into textile circularity, uniforms, and workwear.

At Techtextil North America, AATCC connected with technical textile professionals and the Alphabet Soup Collective, supporting networking across industry associations. AATCC representatives also walked Pittcon, exploring laboratory technologies and engaging with the broader scientific community.

Across these activities, the purpose is consistent: increase awareness of AATCC, build meaningful relationships, and connect more of the textile industry with the association’s expertise. By maintaining an active, accessible presence, AATCC aims to introduce more manufacturers, brands, researchers, laboratories, and product developers to resources relevant to their work.

Posted: November 7, 2026

Source: The American Association of Textile Chemists and Colorists (AATCC)

New Trützschler Service Station In Lahore Strengthens Support For Spinning Mills Across Pakistan

MÖNCHENGLADBACH, Germany— November 5, 2026 — Faster support, shorter downtime and advanced repair capabilities: customers across Pakistan can now benefit from the Trützschler Service Station at its new location in Lahore. By combining Trützschler service expertise with state-of-the-art diagnostic equipment, the new facility helps spinning mills resolve technical issues more quickly and maintain reliable production.

Trützschler Service Station - Group-inside - Left to right: Markus Wurster (Director Markets), Nadeem Tahir (Trützschler Service Technician), Simon Rameiser (Head of Customer Service), Mohammad Riaz (Trützschler Service Technician) and Nico Sieben (Area Manager Pakistan) inside the Trützschler Service Station in Lahore.
Left to right: Markus Wurster (Director Markets), Nadeem Tahir (Trützschler Service Technician), Simon Rameiser (Head of Customer Service), Mohammad Riaz (Trützschler Service Technician) and Nico Sieben (Area Manager Pakistan) inside the Trützschler Service Station in Lahore.

Located directly in the center of Gulberg, Lahore, the new location brings the Trützschler Service Station and the sales agency Machpart together under one roof. Now, the Service Station offers expanded technical capabilities, including troubleshooting, repair services, technical inspections and customer support for Trützschler spinning preparation equipment. An emergency spare parts stock further helps reduce downtime by enabling the rapid replacement of components.

Professional repair standards close to the customer

Equipped with advanced testing and diagnostic equipment, the new facility allows the team to inspect, analyze, and repair electronic components to the same high standards applied throughout the global Trützschler service network.

A particular benefit for customers is Trützschler’s proactive repair approach. Rather than simply replacing a failed component, service technicians inspect related parts and assemblies for potential damage or wear. This helps identify underlying issues early and can prevent future failures, contributing to more reliable machine operation.

Trützschler Service Station - Soldering-Station - The dedicated soldering station supports precise electronic repairs andcontributes to the high quality standards applied throughout the Trützschler service network.
The dedicated soldering station supports precise electronic repairs and
contributes to the high quality standards applied throughout the Trützschler service network.

Positive feedback from customers

Since opening its doors, the service station has already welcomed its first customer visits. Feedback has been highly positive, with visitors appreciating both the professional workshop environment and the expanded service capabilities. By investing in a dedicated service facility in Pakistan, Trützschler further strengthens its customer support throughout the lifecycle in one of the world’s most important textile-producing countries.

Posted: November 6, 2026

Source: TRÜTZSCHLER GROUP

Serge Ferrari Group Brings Its 7th Material To North America

PORT ST. LUCIE, Fla. — November 5, 2026 — Serge Ferrari North America, the North American subsidiary of Serge Ferrari Group, which designs, develops, and manufactures innovative composite materials, introduces the 7th Material to the North American market. The concept gives a name to technical membranes—lightweight, flexible composite fabrics used across architecture for roofing, facades, shading, and interior applications.

Serge Ferrari Group - Beijing Taikang Yanyuan Health&Wellness Center
Beijing Taikang Yanyuan Health&Wellness Center

Serge Ferrari Group unveiled the 7th Material at its global launch event on Sept. 24, 2026, establishing it as an open industry category rather than a product line or trademark. The concept positions technical membranes as a seventh construction material category, alongside stone, earth, wood, concrete, metal, and glass.

“We are not launching a new product; we are giving a name to a material family that is already present in architecture but still insufficiently recognized,” said Sébastien Baril, CEO of Serge Ferrari Group. “With the 7th Material, we want to show that performance can also come from the behavior of a surface, its lightness, and its ability to combine multiple functions. This category is intended to be open, documented, and shared across the whole industry.”

For nearly 50 years, technical membranes have been used in architecture, yet they are often grouped broadly with “lightweight” materials and specified only after a building has already been designed. The 7th Material concept aims to bring membranes into the design process earlier. While the six historic materials are classified by their composition, the 7th Material is defined by its function, deriving performance from a surface under tension rather than from mass and added layers.

Serge Ferrari Group positions technical membranes as a solution for the future of construction, combining a lower carbon footprint with lightweight, modular design. For North American architects, engineers, and building owners, the 7th Material is intended to work alongside traditional materials rather than replace them. A single membrane surface can span and enclose large spaces, filter light, control solar heat gain, absorb sound, and manage airflow. Its low mass can help reduce structural loads, while integrating multiple functions into a single surface can limit the need for additional systems.

“Architects in North America know membranes from stadium roofs and shade structures, but they rarely enter the early design conversation,” said David Peragallo, Assoc. AIA, Senior Specification Manager, North America, Serge Ferrari Group. “Serge Ferrari Group is leading an industry-wide effort to change that. Our focus is giving specifiers the data to evaluate membranes like any other building material, with clear test methods and clear limits.”

As part of this effort, Serge Ferrari Group plans to document membrane performance using common terminology, defined measurement methods, and comparable data. The goal is to give design teams, owners, insurers, and technical organizations the information needed to evaluate and specify membranes alongside other established construction materials.

Posted: November 6, 2026

Source: Serge Ferrari North America

Spinnova Signs Letter Of Intent With Outlast To Develop SPINNOVA® Fibre For Insulation And Temperature Regulation

JYVÄSKYLÄ, Finland — November 5, 2026 — Spinnova Plc, a materials technology company producing textile fibre from side streams and wood pulp, today announced that it has signed a non-binding letter of intent (“LOI”) with Outlast Technologies GmbH (“Outlast”). Outlast is a Germany-based specialist in temperature regulation and insulation technologies, and the LOI aims to explore the development of high-performance textile materials combining SPINNOVA® fibre with Outlast’s technologies.

The collaboration could expand the potential applications of SPINNOVA® fibre into higher-value technical textiles, including performance apparel and insulation, where temperature regulation and comfort are key product requirements. SPINNOVA® fibre is produced with a mechanical process without harmful chemicals or dissolving, while Outlast® Temperature Regulation brings established temperature-regulation technology based on innovations originally developed for NASA. This technology uses phase change materials (“PCMs”) to absorb, store, and release heat, while Outlast’s AERSULATE® aerogel technology provides effective insulation in lightweight, thin materials.

Together, the companies will explore whether these technologies can be combined to create differentiated textile materials.

“We want SPINNOVA® fibre to compete on performance as well as natural comfort,” says Mikko Lassila, Chief Commercial Officer of Spinnova. “Outlast brings established technologies for temperature regulation and insulation, and this collaboration gives us an opportunity to explore how they can be combined with our fibre. If successful, we believe this could open new applications for SPINNOVA® fibre, broaden our addressable markets, and support our long-term commercial scale-up strategy.”

“SPINNOVA® fibre presents an interesting opportunity to explore new applications for our functional technologies,” says Martin Bentz, Chief Executive Officer of Outlast. “We look forward to evaluating how our temperature regulation and insulation solutions can be combined with Spinnova’s fibre to create differentiated materials that meet the performance requirements of our customers.”

Posted: November 5, 2026

Source: Spinnova PLC

Schotex Global® Names René Gagell Head Of Weaving

HONG KONG— November 5, 2026 — Sustainable and high-performance textile and textile technology developer Schotex Global® Co. Ltd., announces the appointment of René Gagell as head of its weaving department.

Gagell brings more than 25 years of experience in the textile industry, specializing in weaving technology and mechanics. He spent nearly two decades at Schoeller Textil AG, where he began as a weaving supervisor before advancing to head of the company’s weaving department, a position he held for 12 years.

“We are extremely happy to welcome René to the Schotex Global family!  He is absolutely one of the top experts in his field, and he is already a favorite with our team of former Schoeller colleagues, so his start at Schotex will no doubt be seamless,” said Schotex Co-Founder and CEO Gwen Hsu.  “After making such a significant investment in acquiring and painstakingly shipping our weaving machines from Switzerland to our brand new Schotex factory, we know René is the perfect person to oversee their operation and ensure we continue delivering the highest quality fabrics to our customers.”

Schotex Global operates from a state-of-the-art manufacturing site in Kaiping, Guangdong, China, within the Panther Textiles Holding group of manufacturing facilities.  As part of its commitment to producing premium performance textiles, the company invested in a complete set of European weaving machinery for the new facility, combining advanced manufacturing technology with Swiss textile expertise.

Based in Switzerland, Gagell also enjoys traveling, working on cars, riding motorcycles, and spending time with friends.

Posted: November 5, 2026

Source: Schotex Global® Co. Ltd.

Georg Stausberg Takes Over As CEO Of The Rieter Group With Immediate Effect

WINTERTHUR, Switzerland — November 4, 2026 — The Board of Directors of Rieter Holding Ltd. was confronted by the designated CEO, Daniel Lippuner, with additional demands regarding his compensation package, particularly his bonus. Due to irreconcilable differences, Daniel Lippuner will not assume the position.

Georg Stausberg

Georg Stausberg, CEO of Barmag, will assume the position of CEO of the Rieter Group with effect from November 4, 2026. Georg Stausberg has more than three decades of experience in the international textile machinery industry and has shaped the development of Barmag in various leadership positions.

Under his leadership as CEO, Barmag consolidated its position as the world’s leading supplier in the man-made fiber sector. After Barmag was acquired by Rieter in February 2026, Georg Stausberg became a member of the Rieter Group’s Executive Committee.

With his extensive industry expertise and his international network, Georg Stausberg is one of the most prominent leaders in the global textile machinery industry.

Posted: November 4, 2026

Source: Rieter Holding Ltd.

Kontoor Brands Completes The Sale Of The Lee® Business To Authentic Brands Group

GREENSBORO, N.C.— November 3, 2026 — Kontoor Brands, Inc. today announced it has completed the sale of the Lee® business to Authentic Brands Group.

“I want to thank the Kontoor team for the tremendous effort that drove the successful completion of this transaction,” said Scott Baxter, Chief Executive Officer and Chairman of the Board of Kontoor Brands. “We now have a more focused, growth-oriented portfolio positioned to deliver stronger returns for our shareholders.”

“We are grateful to the Lee team for their contributions to Kontoor and wish them well as they write the next chapter of the brand’s iconic history,” Baxter added.

Advisors

Morgan Stanley & Co. LLC is serving as Kontoor Brands’ exclusive financial advisor and Foley & Lardner LLP as its legal advisor.

Posted: November 3, 2026

Source: Kontoor Brands, Inc.

UNIFI®, Makers Of REPREVE®, Reports Strong Gross Margin And Cash Generation In First Quarter Fiscal 2027 Results, And Closing Of A $60 Million Non-Strategic Asset Sale To Eliminate An Outstanding $55.5 Million Term Loan

GREENSBORO, N.C.— October 29, 2026 — Unifi, Inc., the makers of REPREVE® and one of the world’s leading innovators in recycled and synthetic yarns, today released operating results for the first fiscal quarter ended September 27, 2026.

Highlights

  • Net sales were $127.9 million, a decrease of 5.7% from the first quarter of fiscal 2026.
  • Revenues from REPREVE Fiber products were $36.4 million and represented 29% of net sales, compared to $39.3 million or 29% of net sales for the first quarter of fiscal 2026.
  • Gross profit was $12.5 million and gross margin was 9.8%, compared to gross profit of $3.4 million and gross margin of 2.5% for the first quarter of fiscal 2026.
  • SG&A expenses were $11.5 million, a decrease of 4.1% from the first quarter of fiscal 2026, primarily driven by cost reduction efforts.
  • Net loss was $2.0 million, or $0.11 per share, compared to a net loss of $11.4 million, or $0.62 per share, for the first quarter of fiscal 2026.
  • Adjusted EBITDA* was $6.1 million, compared to a loss of $(2.5) million for the first quarter of fiscal 2026.
  • Cash provided by operating activities was $3.7 million during the first quarter of fiscal 2027, marking the fourth consecutive quarter of positive cash generation.
  • Debt principal was $90.9 million and Net Debt* was $64.8 million at September 27, 2026.
  • Continued efforts across innovation and traceability through the introductions of CofiraTM, a versatile dual function yarn, Resist2OTM Pro, an advanced water-resistant yarn, and YarnProofTM, supporting compliance with yarn-forward requirements in North and Central America.
  • On October 28, 2026, a previously announced sale of non-strategic real estate assets was completed with gross proceeds of $60.0 million, allowing for the full payoff of an existing term loan balance of $55.5 million.

Eddie Ingle, Chief Executive Officer of Unifi, Inc., stated, “Our results for the first quarter demonstrate the continued benefits of the actions that have been implemented to improve operational efficiency and enhance both our cash generation and profitability performance. This is evident by the significant increase in gross profit year-over-year, which highlights the improved earnings potential of our business and our progress towards building a more profitable operating platform. Additionally, the recent closing on the sale of two non-strategic assets represents another important milestone in our plan to reduce debt and strengthen the balance sheet, helping create greater financial flexibility as we continue to execute our strategic priorities.”

First Quarter Fiscal 2027 Compared to First Quarter Fiscal 2026

Net sales decreased to $127.9 million from $135.7 million, primarily due to tepid customer ordering patterns in the Americas and Asia Segments stemming from geopolitical, trade, and tariff-related uncertainty, partially offset by higher sales from the Brazil Segment.

Gross profit increased to $12.5 million from $3.4 million. Americas Segment gross profit increased by $6.4 million, primarily as a result of multi-year cost reduction efforts. Brazil Segment gross profit increased by $2.5 million, primarily due to favorable pricing dynamics and sales mix. Accordingly, operating loss, net loss, and Adjusted EBITDA all improved significantly.

Cash provided by operating activities was $3.7 million compared to cash used of $8.9 million, reflecting stronger earnings performance and continued working capital discipline.

Net Debt* was $64.8 million as of September 27, 2026 compared to $67.4 million as of June 28, 2026.

Outlook

During fiscal 2027, the Company continues:

  • To focus on leveraging the improved cost footprint while investing in innovation.
  • Managing the balance sheet to ensure that the Company remains better positioned to capitalize on improved business conditions and grow over time.
  • To expect sales and profitability to improve from fiscal 2026 as the Company realizes full-year benefits from portfolio management actions, cost containment initiatives, and improved operating execution.

During the second quarter of fiscal 2027, the Company expects the following year-over-year factors:

  • Cost savings and stable demand aid in the Americas Segment.
  • Brazil Segment sales and profitability should be consistent, while raw material inflation pressures will negatively impact working capital.
  • The Asia Segment will remain pressured due to regional softness and geopolitical volatility, but profitability should remain stable given the asset light business model in the region.

Ingle concluded, “Looking ahead, we remain focused on sustaining the operational improvements that we have made over the last few years. At the same time, we continue to invest in our platform of sustainable solutions, centered on our many REPREVE offerings, and to advance the adoption of innovative solutions that will help drive future growth. While near-term market and geopolitical headwinds persist, we remain confident that we are on the right path to returning Unifi to sustainable growth and enhanced profitability.”

* Adjusted Net Loss, Adjusted EBITDA, and Net Debt are non-GAAP financial measures. The schedules included in this press release reconcile each non-GAAP financial measure to its most directly comparable GAAP financial measure.

Posted: November 3, 2026

Source: Unifi, Inc.

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