Home / Knowledge / News / Apparel/Garments / Sportswear company Next Inc reports record sales in August

Sportswear company Next Inc reports record sales in August

18
Sep '08
Next Inc an emerging leader in the imprinted sportswear products industry announced it recorded record shipments for the month of August. The company shipped in excess of $5 million for the month bringing year to date sales in line with last year.

Despite the depressed and challenging U.S. retail apparel environment, the company continues to maintain its valued position as a key supplier to various retail distribution channels and is starting to realize dividends from the effort of expanding and diversifying its customer base.

The Company continues to maintain good relations with its vendors and its expansion into ladies products lines are performing well. The Company anticipates remaining in compliance with its banking covenants.

Mr. Robert Budd, the Company's CEO, stated, "It clearly remains a tough environment out there in the retail space and the US economy in general. That said, we are pleased to report a record sales volume month for August.

Our aggressive focus on new opportunities coupled with previously initiated cost containment measures and improvements in operational efficiencies continue to position us well.

"Despite the challenging retail environment, many of our customers are embracing our unique ability to supply embellished products through our domestic manufacturing facility. This unique asset is playing a positive role in being able to facilitate replenishment and chase programs that others, who rely exclusively on import goods, simply can't supply.”

Next Inc


Interviews View All

Jurgen Gauger, Spreadshirt

Jurgen Gauger
Spreadshirt

‘Buying crowdsourced or creative designs are much more appealing to the...

Milind Khandwe, Hindoostan Innovation Centre

Milind Khandwe
Hindoostan Innovation Centre

‘Modern technical textile is an indispensable tool for science and...

Krishnanand Tripathi, Textrade International Ltd

Krishnanand Tripathi
Textrade International Ltd

We believe in vocational education for entry-level employees, offering...

Sham Shah,

Sham Shah

Shamal and Shamal Pvt Ltd is into manufacturing and sales of textile...

Karan Behal,

Karan Behal

Karan Behal, founder and chief executive of top-selling brand...

Vikram Saria,

Vikram Saria

Shanghai-based Aura Designs Ltd is a leading manufacturer of textile and...

Kevin Nelson, TissueGen

Kevin Nelson
TissueGen

Kevin Nelson, Chief Scientific Officer, TissueGen discusses the growing...

Razvan Popescu, Directa Plus SpA

Razvan Popescu
Directa Plus SpA

Directa Plus is one of the largest producers and suppliers worldwide of...

Prof Seokheun (Sean) Choi, Binghamton University, State University of New York (SUNY)

Prof Seokheun (Sean) Choi
Binghamton University, State University of New York (SUNY)

A team of researchers from the State University of New York (SUNY),...

Sidharth Sinha, Sidharth Sinha

Sidharth Sinha
Sidharth Sinha

<b>Sidharth Sinha</b> has contributed to the successful rebirth and...

Jay Ramrakhiani, Occasions Elegance Wear

Jay Ramrakhiani
Occasions Elegance Wear

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

Mike Hoffman, Gildan Activewear SRL

Mike Hoffman
Gildan Activewear SRL

Gildan Activewear, a manufacturer and marketer of branded clothing and...

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


October 2019

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

news category


Related Categories:

Follow us on instagram

Follow

Follow Fibre2Fashion On


Advanced Search