Home / Knowledge / News / Abazias preliminary sales up 49% for Q1
Abazias preliminary sales up 49% for Q1
05
Jul '07
Abazias (ABZA) is pleased to announce preliminary first quarter sales for 2007 of $1,644,684, a 49% increase over the same period in 2006. Please note, these are preliminary unaudited figures, subject to revisions based on returns and normal final accounting adjustments by auditors, and do not include any non cash expenses.

Commenting on the expected results, Oscar Rodriguez, CEO of Abazias had this to say, "With this outstanding first quarter, we are confident that 2007 will be off the charts. Abazias recently unveiled new technology on our enhanced website and this innovative infrastructure and aesthetics has obviously impacted our visibility and credibility in the marketplace."

Abazias Diamonds has undergone a recent transformation with a new stock symbol (ABZA); and more attractive price as a result of recent stock split. The online diamond leader was recently featured in an IDEX (International Diamond Exchange) feature about Online Jewelers Gaining Significant Market Share.

This article, which paired Abazias with the likes of larger organizations like Blue Nile and Odimo, says online jewelers are not only putting pricing pressure on store-based retailers, but their online financial model is also causing traditional jewelers to re-think their business model.

Abazias.com has created a strong customer following based on customer service and site innovations that let shoppers create their own jewelry. In addition to delivering quality diamonds at wholesale prices, Abazias.com is also a full-service jeweler offering a large selection of settings for stones purchased.

Abazias Inc


Must ReadView All

May 31 deadline for registration of chemicals under REACH

Textiles | On 23rd May 2018

May 31 deadline for registration of chemicals under REACH

May 31 is the final deadline for companies to register all chemicals...

US cotton production projected to decline in 2018: USDA

Textiles | On 23rd May 2018

US cotton production projected to decline in 2018: USDA

US cotton production is forecast at 19.5 million bales, nearly 7 per...

Pakistan's textile exports up 8.13% in July-April FY18

Textiles | On 23rd May 2018

Pakistan's textile exports up 8.13% in July-April FY18

The value of textile and garment exports from Pakistan increased by...

Interviews View All

Neel Sawhney
One Friday

‘The share of kidswear segment in the online sector is still small in...

Yash Maniyar
Rekha Maniyar

Indian fashion market is growing at a staggering rate

Mukesh Agarwal & Rajesh Agarwal
Madhuram Fincap Pvt Ltd

Increasing prices and lack of demand main issues facing industry

Ravindra Jain, Ashish Baid

Oswal Prints Private Limited has been manufacturing and exporting ethnic...

Sandip Bhojani, Manthan Patel

Krypthm Tradelink LLP is a Surat-based manufacturer of westernwear....

Akshat Chaudhary

Aizome, Asia's first Fairtrade denim brand, is all set to launch next...

Mohammad Hassan
Biax Fiberfilm

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

Iago Castro Asensio
RCfil Distribuciones S.L.

Iago Castro Asensio, International Business Manager of RCfil...

Urs Stalder
Sanitized AG

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

Igor Chapurin
Chapurin

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

Samar Firdos
Arvind Ltd

<b>Samar Firdos</b>, Chief Manager (Design) at Lifestyle Apparel Denim...

Robert Brunner
Devereux

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


editorial@fibre2fashion.com

Letter To Editor






(Max. 8000 char.)

Search Companies





SEARCH

Leave your Comments


May 2018

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

news category


Related Categories:

Advanced Search