T-shirts and Tanks
The company reported that for the month of February, 2012, total net sales increased 13 percent to $42.1 million when compared to the month ended February 28, 2011. Between the same periods, comparable store sales increased an estimated 10 percent and wholesale net sales increased an estimated 24 percent.
India banned cotton exports with immediate effect on Monday to ensure supplies for domestic mills, boosting global prices some 4.5 percent as the absence of shipments from the world's second-largest producer might tighten a market facing weak demand.
India has already exported 9.4 million bales, the government said on Monday, higher than the projected export surplus quota of 8.4 million bales New Delhi had set in January, due to strong demand from China. Each bale is 170 kg.
Flaunt Magazine recently published an extensive interview with American Apparel CEO and founder Dov Charney and several other key company members. A long piece, the article is nevertheless a detailed and fascinating read for anyone interested in American manufacturing, the role and power of sex in apparel marketing, or Charney and his coworkers' take on some of the sexual harassment charges that have haunted the company in recent years.
Broder Bros. Co. recently announced its third quarter results for its quarter ended September 24, 2011. The company also reaffirmed its Fiscal 2011 EBITDA guidance of $62 million to $65 million.
Third quarter 2011 net sales were $220.5 million compared to $210.7 million for the third quarter 2010. Income from operations for the third quarter 2011 was $12.7 million compared to $13.0 million for the third quarter 2010. Net income for the third quarter 2011 was $8.3 million, or $0.80 per diluted share, compared to $6.6 million, or $0.66 per diluted share, for the third quarter 2010.
Alternative Apparel's runway presentation of "Oasis of Color" spring 2012 collection during LA Fashion Week, October 18, 2012.
Brisk. Chilly. Crisp. Equinox-y. However you want to describe early fall and spring weather, one fact is true: it wrecks havoc on the sleeve-length-deciding portion of a person's brain. Is it too cold to rock a T-shirt? What if there's a lot of sun where you're going and you'll die wearing a hoodie? But then what if it gets really windy and the cool breeze just ravages you're uncovered forearms?