USA: Retrospettiva Announces Added Order From TJX
Borivoje Vukadinovic, chief executive officer for Retrospettiva, commented: "We have been working with TJX on a very consistent basis since 1997, and are delighted to have received an additional order from them. Retrospettiva has always had a strong client-first outlook and is working diligently to continue providing top quality service to ensure additional orders from the faithful and established clients like TJX we have accumulated over the years."
About TJX Companies, Inc.
The TJX Companies, Inc, based in Framingham, Massachusetts, operates off-price apparel and home fashions retailer. TJX operates 604 T.J. Maxx Stores, 475 Marshalls Stores and 87 Winners Apparel Ltd. Stores. T.J. Maxx, Marshalls and Winners all sell brand name family apparel, accessories, shoes, domestics, giftware and jewelry at prices generally 20 to 60 per cent below department and specialty store regular prices.
About Retrospettiva, Inc.
Retrospettiva is a supplier of moderately priced women's apparel under private labels selected by its customers. The company markets its products exclusively in the United States directly to large wholesalers, national retailers and buying organizations, and directly to women's chain clothing stores, boutiques and catalogues.
Additionally, the company arranges for the manufacture of garments for customers. Retrospettiva contracts for the manufacture of its finished products only after its customers place purchase orders, including quantities, styles and designs. Since Retrospettiva is not involved in the design end of the transaction and the orders are in essence 'pre-sold,' the company has effectively removed the risk normally associated with fashion and design, a risk that the customer assumes by default. Additional information on the Company can be found at its corporate Web site, at http://www.rtro.com.
Except for the historical information contained herein, the matter set forth in this news release may include forward-looking statements that are subject to risks and uncertainty that may cause actual results to differ materially. Such forward-looking statements that may be contained in this document could include in particular statements concerning business backlogs, operating efficiencies and capacities, capital spending, and other expenses. Among other factors that could cause actual results to differ materially are the following: dependence upon unaffiliated manufacturers and fabric suppliers, dependence on certain customers, foreign operations, competition, risk associated with significant growth, uncertainties in the apparel industry, general economic conditions, seasonality, political instability, concentration of accounts receivable, possible fluctuations in the operations in operating results.
Companies: TJX Companies Inc
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