Universal Apparel & Textile Company (DKGR:OTC) is pleased to announce that it has received an order for several container loads of cargo short pants from a large wholesaler. Previously this wholesaler asked Universal Apparel to develop prototype samples which was announced in a news release dated September 26, 2016. After receiving the samples, the wholesaler immediately issued three purchase orders with a combined value of over $350,000 which is a testament to their level of satisfaction.
The cargo short pants will use all cotton, medium weight, twill fabrics with a five pocket design as well as with matching color belts. In addition, the pants will be available in both solid colors and camo print fabrics which should be popular in the upcoming spring season.
Mr Kabir, CEO of Universal Apparel, states the following, “after several years of soft demand, cargo short pants are becoming popular once again. The wholesaler is very fashion-oriented so that the colors and styles that they have chosen will be in demand next year. The first shipment will arrive in the USA beginning in January of 2017.”
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.