For the three month period ended September 30, 2000, revenues were $4,343,044, a decrease of $2,185,596 from $6,528,640 in 1999, or a 33.4 per cent decrease. Net loss for the three month period ended September 30, 2000, was $198,011, compared to $195,415 profit a year ago. Loss per share for the period was 6 cents based on 3,271,492 weighted average shares outstanding, vs. 6 cents profit based on 3,131,177 weighted average shares outstanding in 1999.

For the nine month period ended September 30, 2000, revenues were $14,803,715, a decrease of $2,577,219 from $17,380,934 in 1999, or a 14.8 per cent decrease. Net loss for the nine month period ended September 30, 2000, was $789,532 compared to $323,163 profit a year ago. Loss per share for the period was 24 cents based on 3,223,949 weighted average shares outstanding, versus 10 cents profit based on 3,078,018 weighted average shares outstanding in 1999.

Retrospettiva is a supplier of moderately-priced women's apparel to national retailers, wholesalers, catalogues and design and manufacturing organisations under its customers' labels on a private label basis exclusively in the US.