Universal Apparel & Textile Company (DKGR:OTC) is pleased to announce that it has been selected to develop a CVC fabric hoodie for a major retailer/distributor in NYC. The fabrics will be made out of a combination of 60% cotton and 40% polyester and will weigh 300 grams per square meter. In addition, the hoodie will have a double layer hood and YKK zipper.
Mr. Kabir, CEO of Universal Apparel states “we are very excited at this development and have already begun our research to find a factory in Pakistan to fulfill the order. Pakistan is a leading manufacturer of polycotton products such as CVC fabrics. We are expecting to complete the development phase within the next few weeks and, upon completion, I am confident on receiving purchase orders for several containers of hooded products in the coming months.”
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