Universal Apparel & Textile Company (DKGR:OTC) is pleased to announce that it has received a series of large purchase orders from a wholesaler for spring and summer clothing. The accumulative value of these orders is approximately $1 million but the follow on sales could be in the multimillions. The production of these items will begin immediately with first delivery expected by the year’s end.
Mr Kabir, CEO of Universal Apparel, states, “We are extremely excited about obtaining a contract of this value from a single customer. This will keep our oversees factory busy until the late summer of 2019. We continue to experience strong momentum in our sales as we increase our market shares in all sectors of the clothing industry.”
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