Home / Knowledge / News / Apparel/Garments / My Vintage Baby releases Q1 financials
My Vintage Baby releases Q1 financials
15
May '08
My Vintage Baby Inc, a unique children's apparel company, released 1st quarter financial results.

“I am very pleased with the progress that our company made in multiple financial areas,” stated CFO Jeff Welsh. Welsh reported that revenue reached $555,920 which was a 30% increase year over year. Welsh concluded by stating, “The most significant improvement was in our gross margin.

We grew our 2008 1st quarter gross margin to 40%! This was a tremendous accomplishment when we compare 1st quarter 2007 at 26.9%.” Welsh had stated earlier that margin growth was the key to financial security.

The Company reported a 1st quarter loss of $100,224 compared to a $173,480 quarterly loss in 2007. Expenses, exclusive of cost of goods, rose 10% to $303,939.

My Vintage Baby Inc


Must ReadView All

Textiles | On 26th Jun 2017

US initiates probe into PSF imported from 5 nations

The department of commerce of the US has initiated investigations for ...

Textiles | On 26th Jun 2017

USTR announces AGOA review for Rwanda, Tanzania & Uganda

The office of the US trade representative (USTR) has announced the...

Textiles | On 26th Jun 2017

Braskem invests in polypropylene production facility in US

The Board of Directors of Braskem, one of the largest producer of...

Interviews View All

Ghanshyam Ghoghari
Kimora Fashion

Bridalwear is not about reds and whites anymore

Arvind Saraf
Triveni Sarees

e-Commerce is still evolving fast with constant flux and surprises

Pratik Bachkaniwala
Palod Himson Machines

Fabric processing machines are picking up

Marcel Alberts
Eurofibers

Coating at a fibre level is a practice not usually seen in the...

Kevin Nelson
TissueGen

Kevin Nelson, Chief Scientific Officer, TissueGen discusses the growing...

Paolo Ocleppo
Sandvik Hyperion

Paolo Ocleppo, Rotary Cutting Segment manager, Sandvik Hyperion discusses...

Sonam & Paras Modi
SVA

Sonam and Paras Modi's Sva Couture is synonymous with head-turning...

Pranav Mishra
Huemn

Designers Pranav Mishra and Shyma Shetty’s Huemn is known for its...

Aditi Somani
Aditi Somani

Aditi Somani specialises in luxury fusion wear with international cuts and ...

Press Release

Press Release

Letter to Editor

Letter to Editor

RSS Feed

RSS Feed

Submit your press release on


editorial@fibre2fashion.com

Letter To Editor






(Max. 8000 char.)

Search Companies





SEARCH

news category


Related Categories:
July 2017

July 2017

Subscribe today and get the latest update on Textiles, Fashion, Apparel and so on.

SUBSCRIBE


Browse Our Archives

GO


E-News Insight
Subscribe Today and Get the
Latest News Update in Your Mail Box.
Advanced Search