SOURCE: Universal Apparel and Textile Company

June 04, 2015 09:00 ET

Universal Apparel and Textile Company Announces Developing a Styles Carded Yarn Slim Cut T-Shirt and May Shipments

CHICAGO, IL--(Marketwired - June 04, 2015) - Universal Apparel and Textile Company (OTC PINK: DKGR) is pleased to announce that it has been asked by a large wholesaler in Chicago to develop a slim fitted t-shirt using carded yarn for the upcoming spring season. This wholesaler has very a strong clothing market in the Midwest and Southern states, supplying over 200 retail stores, beauty shops and clothing stores.

Mr. Kabir, CEO of Universal Apparel and Textile Company (OTC PINK: DKGR) states, "The trend for t-shirt is going through a changeover. People are going away from “big and tall” to “slim cut V-neck” t-shirts. If we are successful in developing and marketing this new stylish colorful t-shirt we can easily capture a big chunk of the t-shirt market share."

Universal Apparel and Textile Company (OTC PINK: DKGR) also announced that in the month of May three shipments have arrived in the USA and been delivered to customers from factories in Bangladesh. The revenues expected to be generated from these deliveries will be in excess of $300,000.

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This release includes forward-looking statements, which are based on certain assumptions and reflects management’s current expectations. These forward-looking statements are subject to a number of risks and uncertainties that could cause actual results or events to differ materially from current expectations. Some of these factors include: general global economic conditions; general industry and market conditions, sector changes and growth rates; uncertainty as to whether our strategies and business plans will yield the expected benefits; increasing competition; availability and cost of capital; the ability to identify and develop and achieve commercial success; the level of expenditures necessary to maintain and improve the quality of services; changes in the economy; changes in laws and regulations, including codes and standards, intellectual property rights, and tax matters; or other matters not anticipated; our ability to secure and maintain strategic relationships and distribution agreements. The Company disclaims any intention or obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise.

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