Tuesday, February 10, 2009

February 10th

Warmer weather across the Midwest, a return of the snow birds to Florida, the Super Bowl in Arizona, combined with advanced buying in front of the Off Price show in Las Vegas produced a solid increase in purchases from most of our customer base this last week.

Our customers are buying across the board with Capri pants in Missy, Plus and Girls leading the pack in the bottoms category. T-shirts in all age ranges have been strong as we have seen a general restocking of inventories. In general our customers are reporting better sales over the last week as consumers started to open their wallets. Our customers are reporting better sales not great sales; just that little increase in demand produced enough hope for improvement which led to higher purchases.

We anticipate strong sales at the off price show at the Venetian especially in the new styles we have added and the closeouts that have been updated over the last month. Expect inventories in pocket tees and basic tees to get hit hard. If you are attending the Off Price Show we hope to see you at our booths (2200, 2202 and 2204). If you are not attending the show please make sure you complete your orders on the web or call your sales representative to place your order before the show opens on Sunday February 15 th. Our sales staff will be leaving for the show on Friday and therefore we will be short staffed for about a week.