Women's career and casual apparel maker Cygne Designs Inc has posted a 13 per cent rise in sales to $27.08m for fiscal 2003, up from $24.01m in the previous year.

The company, which attributed the gain to increased sales to Lerner New York and sales to new customer Jordache Enterprises, also reported pre-tax income of $538,000 for the year, up from a loss of $255,000 in the prior 12-month period.

Net income, however, dropped to $384,000 for the year, down from $2.08m in fiscal 2002.