Universal Apparel & Textile Company (DKGR:OTC) is pleased to announce that it has received a purchase order from Source of Apparel Inc. to produce 40 HQ container loads of thermals and long sleeve t-shirts. The thermals and long sleeve t-shirts will me made out of 30 single ring span yarn and 20 single auto core open-end yarn respectively. This order will generate in excess of $100,000 in revenue for Universal Apparel.
Mr. Kabir, CEO of Universal Apparel and Textile Company, states, “we are very excited to receive this purchase order. We are fortunate to serve this customer for the last several years. Due to our on time delivery and strict quality controls, we receive repeat orders from this customer and others. There is a high probability that every American has worn at least one of our products.”
Source of Apparel is a well-established, garment company which sells products under the brand name of “NOIZ” and “Beat & Rhythm”. These brands are very popular in both the African American and Hispanic communities. They primarily supply chain stores, beauty supply stores and to other smaller wholesalers all over the USA. Universal Apparel manufactures well over a million dollars worth of revenue producing products each year for this customer.
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.