Home / Knowledge / News / Apparel/Garments / My Vintage Baby sales drop
My Vintage Baby sales drop
Sep '09
Jessica Wiswall, the CEO of My Vintage Baby, Inc., a public children's apparel company, has issued the following investor update.

“The Company generated a loss from continuing operations of $218,561 and $278,440 during the six months ended June 30, 2009 and June 30, 2008, respectively. Gross sales decreased from $766,247 to $412,945 for the same six months ended and related gross profit decreased from $264,508 to $193,136." However, gross profit as a percentage of net sales increased from 33.6% to 45.5% year over year. Overhead expenses decreased 24% from $542,948 to $411,697 from 2008 to 2009. The Company's net loss decreased $59,879 or 21.5% year over year.

“We have made substantial progress in reducing costs and improving quality by consolidating fabric production, closing the Atlanta show room, outsourcing distribution, and hiring a full time pattern maker. These measures have significantly reduced overhead expenses, allowing us to turn our focus to increasing revenues.

“Our 2009 Fall Line was displayed at August trade shows in eight cities, including New York, San Francisco, and Dallas. New customers placed orders and current customers added to existing orders.

“The 2009 Fall line is also being shown at in-home trunk shows by 18 new My Vintage Baby Direct Sales Reps. My Vintage Baby Direct is a pilot program expected to yield the many benefits of direct sales. Direct selling allows us to reduce prices, yet increase gross margins, providing a competitive advantage. Additionally, direct selling allows for quick expansion over large geographic areas. Boutiques and other retailers will continue to sell our products in areas not covered by Direct Sales Reps.

“We are looking forward to presenting our exciting Spring 2010 line to customers in late September.”

My Vintage Baby Inc

Must ReadView All

Courtesy: Kornit Digital

Textiles | On 28th Feb 2017

'Customisation is an advantage of digital printing'

Changing business models and companies' decision to reduce their...

Textiles | On 28th Feb 2017

China's textile & apparel exports up 10.2% in Jan 2017

Exports of textiles and garments from China resumed growth in the...

Apparel/Garments | On 28th Feb 2017

Delta Galil's Q4 operating profit jumps 80%

In the three months to December 31, 2016, operating profit at apparel ...

Interviews View All

Yashiki Gumber
Sahiba Fabrics

Fabric does not restrict us from fashion trends

Ajay Ghariwala
Luthra Group

We are ready to adopt or follow every opportunity

Claudia Kersten
Global Organic Textile Standard

‘GOTS is a very efficient supply chain management tool, especially for...

Johan Berlin
InvestKonsult Sweden AB

Investkonsult Sweden AB has been buying and selling second-hand textile...

Mark Paterson
Technical Absorbents Ltd

Mark Paterson, R&D manager of Technical Absorbents Ltd talks about Super...

Paolo Ocleppo
Sandvik Hyperion

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

Pranav Mishra

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

Wendell Rodricks
Wendell Rodricks

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

Robert Brunner

Golfwear and menswear brand Devereux is set for greener pastures. Robert...

Press Release

Press Release

Letter to Editor

Letter to Editor

RSS Feed

RSS Feed

Submit your press release on


Letter To Editor

(Max. 8000 char.)

Search Companies

February 2017

February 2017

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


Browse Our Archives


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