Clothing marketer Haggar Corp said second-quarter net sales fell to $120.8 million from $132.0m a year ago, mainly due to a weak performance of the Forever New brand and sluggish sales of seasonal sportswear.

Net income for the second quarter totalled $3.4m compared to $2.7m in the same quarter of 2004, after cost reductions in areas such as marketing as well as an improved gross profit percentage of 28.9 per cent, excluding reorganisation costs.

For the first six months ended 31 March 2005, Haggar reported net income of $0.2m on net sales of $221.3m compared to net income of $3.8m on net sales of $239 in 2004.

Haggar also announced that it is going to continue its strategic sourcing changes by closing its manufacturing facilities that are operated by subsidiaries in Leon, Mexico, and La Romana, Dominican Republic. The move allows the Company to focus more of its sourcing efforts in the Eastern Hemisphere.

Haggar Clothing Co, a wholly-owned subsidiary of Haggar Corp, is a leading marketer of men's casual and dress apparel and women's sportswear.