Sports goods and clothing company Everlast Worldwide is set to focus on finding partners in China and India after seeing first-quarter revenues rise 20%.

A 33% increase in sporting goods sales to a record US$7m drove revenues up to $10m for the period ending 31 March. Operating income increased 83% to $1.5m.

Everlast chairman, president and chief executive Seth Horowitz said the results reflected the benefit of strategic initiatives over the past 18 months.

"Our strong operating income and EBITDA were derived from a combination of record sporting goods revenues, improved gross margins on our sporting goods sales and lower operating expenses," he said.

"We continue to move forward into 2006 and beyond by gaining entry to two of the largest emerging markets: India and China. While the retail infrastructure is limited in both countries, Everlast is looking for the right licensing partner in each country."