Cygne Designs, Inc (OTC BB: CYDS.OB ) today announced results of operations for the third quarter and nine months ended October 28, 2000. Net sales for the third quarter ended October 28, 2000 were $8,350,000, a decrease of $14,449,000 or 63 per cent from the third quarter of 1999. Net sales for the nine months of 2000 were $20,238,000, a decrease of $29,288,000 or 59 per cent from the nine months of 1999.