Home / Knowledge / News / Apparel/Garments / My Vintage is set to meet or exceed breakeven goal
My Vintage is set to meet or exceed breakeven goal
Feb '10
My Vintage Baby, Inc., a public children's apparel company, announces sales projections for 2010.

My Vintage Baby has just received the spring line and is currently shipping sample lines to 131 Direct Sales Representatives located in 25 states and two in Canada. On December 1, 2009, the Company launched its Direct Sales national program and began selling the fabulous My Vintage Baby spring 2010 line at trunk shows and through the Internet.

The spring 2010 inventory purchased has a retail value of approximately $1.4 million, which is over a 300% increase in gross sales compared to the same period ending June 30, 2009. Not only is the revenue expected to increase, but with the new business model My Vintage Baby is experiencing increased gross margins.

In the early stages of the Company the breakeven point of $2,000,000 in gross sales was identified. With the potential of the spring line and no anticipated slow down for the fall 2010 season, My Vintage Baby is set to meet or exceed the breakeven goal.

With this new business model, sales are more consistent throughout the year, therefore reducing seasonality and improving cash flow. These are two areas of the business Directors and management identified and have been diligently working to resolve. “We are excited to be at this point and start moving shareholder value in a positive direction,” stated Jeff Welsh, CFO.

My Vintage Baby Inc

Must ReadView All

Textiles | On 22nd Feb 2017

Bangladesh exporters want duty-free access to US, Brazil

Garment and apparel exporters of Bangladesh are seeking duty-free...

Textiles | On 22nd Feb 2017

India to produce 341 lakh bales cotton in 2016-17: CAI

The Cotton Association of India (CAI) has maintained in its January...

Textiles | On 22nd Feb 2017

'India to be self-sufficient in silk production by 2020'

Indian could be self-sufficient in silk production by the year 2020...

Interviews View All

Cyril Pereira
Reed Exhibitions India, organiser of Asian Machine Tool Exhibition 2016

'Major problem in the textile machinery manufacturing industry is the lack ...

DK Sharma
Velocity Apparelz

We constantly communicate with employees at all levels

Rashi Menda

Every fifth sale we make on Zapyle is a repeat purchase

Eamonn Tighe
Nature Works LLC

Eamonn Tighe, Fibres and Nonwovens - Business Development Manager of...

Marcel Alberts

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

Giorgio Mantovani
Corman S.p.A

Giorgio Mantovani, MD of Corman, with a presence in both Milano and New...

Bani Batra

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

Sonam & Paras Modi

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

Jay Ramrakhiani
Occasions Elegance Wear

It is believed that by early 19th century, Varanasi weavers had moved away ...

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