Home / Knowledge / News / Apparel/Garments / Sportswear company Next Inc reports record sales in August
Sportswear company Next Inc reports record sales in August
18
Sep '08
Next Inc an emerging leader in the imprinted sportswear products industry announced it recorded record shipments for the month of August. The company shipped in excess of $5 million for the month bringing year to date sales in line with last year.

Despite the depressed and challenging U.S. retail apparel environment, the company continues to maintain its valued position as a key supplier to various retail distribution channels and is starting to realize dividends from the effort of expanding and diversifying its customer base.

The Company continues to maintain good relations with its vendors and its expansion into ladies products lines are performing well. The Company anticipates remaining in compliance with its banking covenants.

Mr. Robert Budd, the Company's CEO, stated, "It clearly remains a tough environment out there in the retail space and the US economy in general. That said, we are pleased to report a record sales volume month for August.

Our aggressive focus on new opportunities coupled with previously initiated cost containment measures and improvements in operational efficiencies continue to position us well.

"Despite the challenging retail environment, many of our customers are embracing our unique ability to supply embellished products through our domestic manufacturing facility. This unique asset is playing a positive role in being able to facilitate replenishment and chase programs that others, who rely exclusively on import goods, simply can't supply.”

Next Inc

Must ReadView All

Courtesy: BGMEA

Apparel/Garments | On 27th Feb 2017

'Brands & buyers should help Bangladeshi factory owners'

Brands and buyers should come forward to help factory owners in...

Apparel/Garments | On 27th Feb 2017

Myanmar sets up new committee to revise minimum wage

The Government of Myanmar has set up a new committee, replacing an...

Courtesy: PT Indonesia Taroko Textile

Textiles | On 27th Feb 2017

Taiwan's Lealea to buy Tarako textile plant in Indonesia

Taiwan based textile manufacturer Lealea Enterprise Company, one of...

Interviews View All

Karan Suratwala
Key Textile Accessories Private Limited

Chinese imports are destroying the supply chain

Manfred Mentges
Sedo Treepoint GmbH

We see a higher demand in colour management systems, as customers see big...

Smarth Bansal
Colorjet India Limited

We would like to venture more companies into the Indian market

Urs Stalder
Sanitized AG

Urs Stalder, CEO, Sanitized AG, talks about the increasing use of hygiene...

Paolo Ocleppo
Sandvik Hyperion

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

Mohammad Hassan
Biax Fiberfilm

About one in every 20 patients picks up an infection while hospitalised....

Bani Batra

Bani Batra’s couture wedding collection is inspired by traditional Indian...

Pranav Mishra
Huemn

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

Prathyusha Garimella
Prathyusha Garimella

Hyderabad-based designer Prathyusha Garimella is known for blending...

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
February 2017

February 2017

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

SUBSCRIBE


Browse Our Archives

GO


eNEWS
Insights
Subscribe today and get the latest News update in your mail box.
Advanced Search