US: Next Inc shipments recover in August
Sportswear maker Next Inc saw sales recover last month, despite what it called a "depressed and challenging US retail apparel environment".
The imprinted sportswear maker posted record shipments of US$5m in August, bringing year to date sales in line with last year.
Robert Budd, the company's CEO, said: "It clearly remains a tough environment out there in the retail space and the US economy in general.
"That said, we are pleased to report a record sales volume month for August.
"Our aggressive focus on new opportunities coupled with previously initiated cost containment measures and improvements in operational efficiencies continue to position us well."
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