Home / Knowledge / News / Apparel/Garments / Hampshire announces filing its Q1 2007 Form 10Q

Hampshire announces filing its Q1 2007 Form 10Q

Oct '07
Hampshire Group Limited announced that it has filed its quarterly report on Form 10-Q for the period ended March 31, 2007 with the United States Securities and Exchange Commission.

This press release should be read in conjunction with the filed quarterly report referred to in this release and with the annual report on Form 10-K for the three year period ended December 31, 2006 that was filed on September 14, 2007.

Net sales for the three months ended March 31, 2007 were $50.9 million compared to $67.5 million for the same period of the prior year.

Net sales for the current period included $1.6 million of net sales attributed to Marisa Christina, which was acquired subsequent to the comparable quarter of the prior year.

The $18.2 million decrease in the Company's existing business net sales consisted of an $8.9 million decline in private label sales of Item-Eyes, our women's related separates division, and a $10.9 million decline in sales of Shane Hunter, our mass merchant division.

Offsetting the sales volume decline was a 15.9% increase in average selling price with Item-Eyes and Shane Hunter accounting for a majority of the increase.

The loss from operations for the three months ended March 31, 2007 was $7.3 million compared to a $1.7 million loss from operations for the same period of the prior year. The 2007 loss from operations includes $2.1 million in expenses associated with the Audit Committee investigation and a $0.7 million operating loss from the acquired Marisa Christina business.

Must ReadView All

Pic: Shutterstock

Apparel/Garments | On 24th Feb 2020

Myanmar's garment units risk closure due to virus impact

Myanmar's garment factories are facing the risk of shutdown as the...

Pic: Shutterstock

Apparel/Garments | On 24th Feb 2020

GMAC urges EU to restore full EBA rights for Cambodia

Expressing disappointment over the recent European Union (EU)...

Pic: Shutterstock

Apparel/Garments | On 24th Feb 2020

Uzbekistan 3rd biggest garment exporter to Kazakhstan

Uzbekistan exported 10,000 tonnes of apparel to Kazakhstan in 2019,...

Interviews View All

Mukesh Agarwal & Rajesh Agarwal, Madhuram Fincap Pvt Ltd

Mukesh Agarwal & Rajesh Agarwal
Madhuram Fincap Pvt Ltd

Increasing prices and lack of demand main issues facing industry

Angelina Francesca Cheang, MY ANJE

Angelina Francesca Cheang

'Consumers in the age-group 21 to 38 are driving the activewear trend'

Ghanshyam Ghoghari, Kimora Fashion

Ghanshyam Ghoghari
Kimora Fashion

Bridalwear is not about reds and whites anymore

Atul Mittal,

Atul Mittal

Established in 1997, Pratibha Syntex produces over 60 million pieces of...

Erwin Devloo,

Erwin Devloo

Picanol develops, produces and markets high-tech weaving machines, based...

Christiane Thies,

Christiane Thies

Founded in 1892, Thies has concentrated on the fabrication of high-quality ...

Michaela Griggs & Peggy Schulz, Barco Uniforms

Michaela Griggs & Peggy Schulz
Barco Uniforms

Founded in 1929, Barco Uniforms started as an apparel company for beauty...

Kai Poehler, Voith Paper GmbH & Co. KG

Kai Poehler
Voith Paper GmbH & Co. KG

The glass mat industry is growing by five to eight per cent annually. Kai...

Giorgio Mantovani, Corman S.p.A

Giorgio Mantovani
Corman S.p.A

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

Rajesh Pratap Singh, Rajesh Pratap Singh

Rajesh Pratap Singh
Rajesh Pratap Singh

<div>Ace fashion designer <b>Rajesh Pratap Singh</b> has used Tencel to...

Akta Adani, India Boulevard

Akta Adani
India Boulevard

India Boulevard is a San Francisco-based curated fashion marketplace that...

Rupa Sood and Sharan Apparao, Nayaab

Rupa Sood and Sharan Apparao

Nayaab, an exhibition meant to celebrate Indian weaves, is in its second...

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


Leave your Comments

February 2020

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

Advanced Search