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Unifi to focus on high-end, branded yarns

By Furniture Today Staff -- Furniture Today, January 29, 2006

Greensboro, N.C. — Textile fiber and yarn source Unifi says it has shifted its focus to its high-end branded, advanced fiber products and away from low-end yarns.

Bill Lowe, chief operating officer, said the company's advanced fiber products offer a higher profit margin and will be marketed through a recently launched joint venture in China.

Unifi is in the process of overhauling its business model and says it is considering putting itself up for sale. The company has not posted a profit since 2000.

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