Cutter & Buck Announces Debut of Women's Sportswear Line
SEATTLE, Jan. 5 /PRNewswire/ -- Cutter & Buck Inc. (Nasdaq: CBUK - news) today announced the debut of their new
line of women's sportswear. The initial line will be introduced at the upcoming Professional Golfers' Association of America
trade show in January 1998, and be available for delivery in Summer 1998. The products will be available at leading resorts,
pro golf shops, and selected specialty stores across the United States, as well as through Cutter & Buck's international
network of distributors, licensees and its wholly-owned subsidiary in Europe.
''Women consumers have requested the same high-quality products that we have designed for the men's sportswear market,''
said Harvey N. Jones, Chief Executive Officer. ''We've responded by creating a line that will mirror the point of view and
market positioning of our men's line: a premium lifestyle brand of related separates targeted to the sporting-minded individual,''
added Jones.
''As our business has grown, we have expanded our product offerings into new areas,'' stated Martin J. Marks, President.
''We have correspondingly made important additions to our product development team, including talented, experienced
designers devoted specifically to our outerwear and women's lines,'' said Marks.
''Our women's products combine contemporary styling, lively colors, and the outstanding quality that Cutter & Buck is known
for,'' said Jones. ''The fabrications are lightweight and comfortable, the styling clean tailored and refined. While this product
extension will be a natural addition to our brand-building efforts, it also fits seamlessly into our manufacturing and operational
strengths.''
Cutter & Buck designs, sources and markets updated traditional sportswear and outerwear. It distributes its products
predominately through golf pro shops and resorts, better men's specialty stores and corporate sales accounts. The company
has developed a colorful, innovative collection of high-quality sportswear targeted to the upscale apparel market, projecting an
updated American design evocative of a sporting lifestyle.
Statements made in this news release that are not historical facts are forward looking information. Actual results may differ
materially from those projected in any forward looking information. Specifically, there are a number of important factors that
could cause actual results to differ materially from those anticipated by any forward looking information. Those factors include,
but are not limited to, style changes and product acceptance, relations with suppliers and independent sales representatives, the
ability of the Company to control costs and expenses, the ability to penetrate its chosen distribution channels, competition,
foreign currency risks and the effect of interest rates, political and trade relations and general economic conditions. Additional
information on these and other factors which could affect the Company's financial results are included in its Securities and
Exchange Commission filings. Finally, there may be other factors not mentioned above or included in the company's SEC
filings that may cause actual results to differ materially from any forward-looking information.
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SOURCE: Cutter & Buck |
