Universal Apparel and Textile Company is a vertical marketer, manufacturer, and distributor of high quality branded and private label activewear apparel. DKGR specializes in selling a variety of casual and athletic wear tops and bottoms, embellished and unembellished T-shirts, and fleece products for the ever-changing apparel market.
[ DKGR product tracking. Panjiva offers tracking of DKGR apparel containers as they arrive in US ports & delivered to customers. It's a great free tool to keep up to date on the latest big order arrivals. ]
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May 30, 2019
DKGR 2019 Q1 Results:
Revenues: $587,716 Cost of Goods Sold: $558,964 Gross Profit: $28,752 Operating Expenses: $6,141 Net Income: $22,611
As of the quarter ended March 31, 2019, the capital stock of the company was as follows (OTC.com):
Float / Freely tradable shares: 355,988,385 Number of shares outstanding: 963,835,637
** Mahabubul Kabir (CEO) holds 370,300,000 of the outstanding shares.
Universal Apparel & Textile Company (DKGR:OTC) Provides A March Delivery Update
March 14, 2019
Universal Apparel & Textile Company (DKGR:OTC) is pleased to announce that earlier this month, four shipments of goods have reached US ports worth $500,000 in revenue. Two of the containers have been successfully delivered to a wholesaler in the Midwest. The first shipment was 1615 boxes of newly designed men’s cargo pants with contemporary colors whereas the second shipment consisted of 1322 boxes of men’s T-shirts made out of open-end fabrics. Two additional shipments have arrived in US ports this week. One is in Los Angeles and the other in New Jersey.
Mr Kabir, CEO of Universal Apparel, states, “Our shipments’ arrival in US Ports within a short period of time is keeping us busy in clearing customs and preparing to deliver them to customers’ warehouses. Our customers are anxiously anticipating the product so as to showcase them before warmer temperatures finally arrive. In our line of business, timely delivery is one of our key competitive advantages that we have always adhered to.”
Universal Apparel has also had strong demand for its heavy duty denim cargo pants with assorted colors for the 2019 Spring/Summer season. The end users for these pants are young urban professionals and millennials. The company expects to capture an even large market share over the next quarter.
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Universal Apparel & Textile Company (DKGR: OTC) Teams Up With Ray Leonard Junior, Son of Boxing Legend, Sugar Ray Leonard
March 11, 2019
Universal Apparel & Textile Company (DKGR:OTC) is pleased to announce that Ray Leonard Junior, the son of five time world boxing champion and gold medalist, Sugar Ray Leonard, will team up with Universal Apparel and Textile Inc. (DKGR:OTC) to manufacture an apparel line for his world tour for the benefit of US troops. The exact specifications will be formalized in a joint venture agreement to be signed in the next few weeks.
Ray Junior is like his father in so many ways. He loves giving back to his country by touring the world to help the US troops deal with destructive behavior, domestic violence, suicide, substance abuse and sexual assault, utilizing motivational speaking on how to overcome the obstacles that life throws.
Since Ray Junior was a boy, giving back to his community and paying it forward has always been his motivation. The tour takes him to military bases, domestic and abroad. Now with his new apparel line, he can show his appreciation to the troops wherever he goes.
The name of Ray Leonard's brand is forthcoming and should be available by the Fall of 2019.
Mr. Kabir, CEO of Universal Apparel & Textile Company (DKGR:OTC), states, “It is a pleasure to work alongside such talent as Ray Leonard. I am his father’s biggest fan and now his due to his generosity and heart of gold.”
Ray Leonard Junior states, “I look forward to working with Mr. Kabir and Universal Apparel. Their quality craftsmanship and attention to detail is extremely well known.”
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March 3, 2019
DKGR 2018 Q4 Results:
Revenues: $715,667 Cost of Goods Sold: $736,900 Gross Profit: -$21,233 Operating Expenses: $3,885 Net Income: -$25,118
DKGR 2018 Q3 Results:
Revenues: $412,181 Cost of Goods Sold: $399,571 Gross Profit: $12,610 Operating Expenses: $3,201 Net Income: $9,409
DKGR 2018 Q1 - Q4 Results:
Revenues: $1,858,261 Cost of Goods Sold: $1,846,364 Gross Profit: $11,897 Operating Expenses: $13,532 Net Income: -$1,635
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Universal Apparel & Textile Company (DKGR:OTC) Starts Development Of Specialty Tracksuits And Jogging Suits; Attends Largest Garments Show
February 20, 2019
Universal Apparel & Textile Company (DKGR:OTC) is ecstatic to report that it has received an order to develop both tracksuits and jogging suits comprised of specialty fabrics for an investment group based in New York. The fabric will be unique in that it will be made with a combination of ring-spun cotton, viscose (rayon) as well as spandex. The final product will be one of a kind.
Once the fabric has been developed, Universal Apparel will incorporate the fabric into ladies stretch denim jeans that will then be manufactured for a fraction of the typical cost but will, however, be more durable and flexible than traditional ones on the market. Initially the products will be sold via online stores such as Amazon, followed by various chain stores.
Universal Apparel just attended the largest garments show in North America, The Magic Show (www.ubmfashion.com), which was held in Las Vegas from February 5th to February 7th. Based on in depth conversations with various wholesalers, demand for denim jeans is on the rise so this exclusive offering is expected to dominate the market.
As an aside, Universal Apparel is expanding its corporate communications to include Twitter. This will allow the company to release small updates, shipment arrivals, product pictures and other information of interest to shareholders between, and including, full press releases. Be sure to follow us @universalapparl
Universal Apparel & Textile Company (DKGR:OTC) Receives A Wholesaler Request To Develop Acrylic Products
January 30, 2019
Universal Apparel & Textile Company (DKGR:OTC) is pleased to announce that it has received a request to develop line of products using 100% acrylic fabrics from a large wholesaler. The starting line of products will be mens heavy Winter jackets,tracksuits and long pants to be used for aggressive physical activity.
Acrylic is a synthetic fiber made from polymer which is both strong and warm and often used for sweaters and tracksuits. To develop product is more of an art than a science but, with Universal Apparels years of experience, can easily be accomplished.
CEO of Universal Apparel and Textile Company, Mr. Kabir, states, we have long been supplying this customer with mens t-shirts. Now we are interested in providing product for some of their other lines since they have large footprint in mens urban clothing.
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Universal Apparel & Textile Company (OTC PINK: DKGR) Receives Three Containers Earmarked For A High-End Urban Wholesaler
January 23, 2019
Universal Apparel & Textile Company (OTC PINK: DKGR) is pleased to announce that it has produced both summer and winter clothing for a high-end, urban wholesaler. Three containers of goods have arrived this month in a New York port bound forthe wholesaler which has been especially popular catering to both the African American and Hispanic communities. They primarily supply chain stores, beauty supply stores and other smaller wholesalers all over the USA.
These 3 shipments will generate well over $300,000 USD in revenue for Universal Apparel and allow it to continue with its market penetration strategy.
Mr. Kabir, CEO of Universal Apparel & Textile Company, states, ''We are becoming increasingly popular in the urban apparel industry in that our productsare being sold by many different wholesalers to end users without the average customer knowing the identity of the real manufacturer. This will change as our brand is now being stronglydemanded since we are in the beginning stages of gathering a cult-like following.''
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Universal Apparel & Textile Company (DKGR:OTC) Receives Massive Additional Purchase Orders For The Spring And Summer Season
December 10, 2018
Universal Apparel & Textile Company (DKGR:OTC) is pleased to announce that it has received additional large purchase orders for the upcoming spring and summer season. Some of the items include, but are not limited to, 100% cotton men’s t-shirts, men’s denim long & short pants as well as men’s cotton underwear garments, These orders primarily originated from the company’s long term clients such “Source of Apparel” of Morton Grove, IL., a large wholesaler and distributor of men’s clothing.
Mr. Kabir, CEO of Universal Apparel & Textile Company (DKGR:OTC), states, “These are very exciting times for us. We have multiple shipments coming to US ports in both New York and New Jersey over the next few months. Our customers are extremely pleased with our timely shipments and the quality of our products which has brought us repeat business and many referrals. We will be able to boast in the next year that almost every American family has a piece of our clothing in their wardrobe.”
Furthermore, the company is receiving constant inquires for new products development from both our existing clients as well as new ones who want access to our factories in Bangladesh. As the cost of working in China is rising rapidly, more U.S. companies are finding Bangladesh as a safe manufacturing alternative.
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