UNIFI®, Makers of REPREVE®, Announces Profitability Improvement Plan and Leadership Promotions
Additionally, the transformation of our sales processes will serve as a direct catalyst to improve gross margins and operational efficiencies.
- Additionally, the transformation of our sales processes will serve as a direct catalyst to improve gross margins and operational efficiencies.
- Collectively these actions will better prepare the business to deliver stronger results as our industry pivots to growth in calendar 2024.
- The Board and I are thrilled to complete the leadership appointments and promotions, as they will make strong impacts on their respective teams and help drive the future growth of our Company.”
UNIFI began the implementation of an extensive Profitability Improvement Plan in December 2023. - The second part of the Profitability Improvement Plan is focused on gross margin expansion initiatives through a transformation of the Company’s sales process.