Universal Apparel & Textile Company (DKGR:OTC) is ecstatic to report that it has received an order to develop both tracksuits and jogging suits comprised of specialty fabrics for an investment group based in New York. The fabric will be unique in that it will be made with a combination of ring-spun cotton, viscose (rayon) as well as spandex. The final product will be one of a kind.
Once the fabric has been developed, Universal Apparel will incorporate the fabric into ladies stretch denim jeans that will then be manufactured for a fraction of the typical cost but will, however, be more durable and flexible than traditional ones on the market. Initially the products will be sold via online stores such as Amazon, followed by various chain stores.
Universal Apparel just attended the largest garments show in North America, The Magic Show (www.ubmfashion.com), which was held in Las Vegas from February 5th to February 7th. Based on in depth conversations with various wholesalers, demand for denim jeans is on the rise so this exclusive offering is expected to dominate the market.
As an aside, Universal Apparel is expanding its corporate communications to include Twitter. This will allow the company to release small updates, shipment arrivals, product pictures and other information of interest to shareholders between, and including, full press releases. Be sure to follow us @universalapparl
Updates will be forthcoming.
Universal Apparel & Textile Company
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About Universal Apparel & Textile Company
Universal Apparel and Textile Company is a vertical marketer, manufacturer, and distributor of high quality branded and private label activewear apparel. We specialize in selling a variety of casual and athletic wear tops and bottoms, embellished and unembellished T-shirts, and fleece products for the ever-changing apparel market.
This release includes forward-looking statements, which are based on certain assumptions and reflects management’s current expectations. These forward-looking statements are subject to a number of risks and uncertainties that could cause actual results or events to differ materially from current expectations. Some of these factors include: general global economic conditions; general industry and market conditions, sector changes and growth rates; uncertainty as to whether our strategies and business plans will yield the expected benefits; increasing competition; availability and cost of capital; the ability to identify and develop and achieve commercial success; the level of expenditures necessary to maintain and improve the quality of services; changes in the economy; changes in laws and regulations, including codes and standards, intellectual property rights, and tax matters; or other matters not anticipated; our ability to secure and maintain strategic relationships and distribution agreements. The Company disclaims any intention or obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise