USA: Nautica Enterprises Posts Profits Leap
Nautica Enterprises Inc today announced an increase in second quarter net sales of 17.5 per cent to nearly $200m. Figures released by the US-based firm, which designs and markets garments under brands such as Nautica Sport Tech and John Varvatos, revealed sales increased from $169.6m in the second quarter of last year to £199.3m in the same period during 2001.