Home / Knowledge / News / Apparel/Garments / Talon Zipper & Trim products sales up
Talon Zipper & Trim products sales up
17
May '08
Talon International Inc, a leading global supplier of zippers, apparel fasteners, trim and interlining products, reported financial results for the first quarter ended March 31, 2008.

First Quarter 2008 Highlights:
• Zipper product sales up 19% vs. Q1 2007
• Net sales totaled $10.0 million, up 10% vs. Q1 2007
• Net loss of $1.8 million, including severance charges of $724,000, vs. net loss of $795,000 in Q1 2007

First Quarter 2008 Financial Results:
Net sales for the first quarter of 2008 were $10.0 million, an increase of 10% from $9.1 million in the first quarter of 2007. The increase in revenue reflects continuous improvements in the sales of Talon Zipper and Trim products.

Talon Zipper sales increased $0.9 million, or 19%, to $5.6 million in the quarter, as compared to the same period a year ago. Talon Trim sales increased $0.4 million, or 10%, to $4.4 million as compared to the same period a year ago.

The increase in Talon Zipper and Trim sales were partly offset by an anticipated decline in Tekfit sales of $0.4 million from the same period in 2007. The decline in Tekfit product sales is due to the termination in October 2006 of an exclusive contract for this product.

"Our improvement in sales this quarter, which were also up 12% over the previous quarter, is in line with expectations and is the result of our expanded footprint throughout Southeast Asia and having won new nominations from major brand retailers for our Zipper and Trim products," said Lonnie Schnell, Talon's CEO.


Must ReadView All

HFPA alerts member firms on latest US tariff announcement

Textiles | On 20th Jul 2018

HFPA alerts member firms on latest US tariff announcement

The US Home Fashion Products Association (HFPA) has alerted its...

Courtesy: YKK

Textiles | On 20th Jul 2018

Japanese firm YKK explores opening office in Uzbekistan

Japanese company YKK recently discussed with the Uztuqimachiliksanoat ...

India's retail sales to cross $1,244.58 bn by 2018: study

Apparel/Garments | On 20th Jul 2018

India's retail sales to cross $1,244.58 bn by 2018: study

Growing at a rate of about 15 per cent and registering a double digit ...

Interviews View All

Awen Delaval
Samatoa

'Natural fibres are appreciated for traditional authenticity'

Siddharth Biyani
Mangalam Industries Pvt Ltd

‘The manufacturing sector is improving day-by-day, becoming better in...

Top executives
Textile industry

The foremost issue is bridging the skill gap

Mala Alwani

<div>Delhi-based fast fashion womenswear brand, Besiva, aims to bridge the ...

Rikesh Mistry

Jupiter Comtex Pvt Ltd, established in 1973, started its textile machinery ...

Paolo Crespi

For.Tex is an Italy-based leading producer of dyes and thickeners, and is...

Larry L Kinn
Suominen Corporation

Larry L Kinn, Senior Vice President - Operations Americas of Suominen...

Eric Scholler
Groz-Beckert

The Indian market has huge potential in technical textiles, and by far,...

Kai Poehler
Voith Paper GmbH & Co. KG

The glass mat industry is growing by five to eight per cent annually. Kai...

Wendell Rodricks
Wendell Rodricks

"We should not compare India and the West. There are things we do that...

Rupa Sood and Sharan Apparao
Nayaab

Nayaab, an exhibition meant to celebrate Indian weaves, is in its second...

Igor Chapurin
Chapurin

"Now we can see the Russian trend in international fashion. And Russian...

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

Leave your Comments


July 2018

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

news category


Related Categories:

Advanced Search