Universal Apparel & Textile Company (DKGR:OTC) is pleased to announce that it has received a request to develop both 100% cotton heavy, twill, long pants and raw denim jean pants from Source of Apparel. Source of Apparel has its own line of long and short pants that are sold under the brand name of “NOIZ” and “Beat & Rhythm”. These brands are very popular in both the African American and Hispanic communities and the new product will be sold under those brand names.
Mr. Kabir, CEO of Universal Apparel and Textile Company, states, “we have long been serving this customer with men’s t-shirts. Now we are interested in providing product for some of their other lines since Source of Apparel has a large market share in men’s urban clothing.”
Updates will be forthcoming.
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.