Nitches women's sleepwear & specialty lines sales up in Q3
21 Jul '05
4 min read
Increased orders in the Company's women's sleepwear and specialty lines contributed to the increase in backlog of $3.3 million. Because of the Company's reliance upon a few major accounts, any deteriorating financial performance by one or more of these customers could lead to the cancellation of existing orders and/or an inability to secure future orders, which would have a material adverse financial effect on the Company.
San Diego, California based Nitches Inc is an importer and wholesale distributor of men's and women's garments, manufactured to specifications primarily in foreign countries.
The Company's shares are traded on the National SmallCap Market under the symbol NICH. Nitches leverages fabric focus and production expertise to provide apparel products and manufacturing services to defined market segments at a low cost. Apparel designers and retailers alike choose Nitches to fulfill their manufacturing needs.