New Wave Group AB Forms a New Subsidiary, Make Your Own Design AB, For Special Design & Trading.Business Editors BORAS Bo·rås A city of southwest Sweden east of Göteborg. It was founded in 1632. Population: 60,900. , Sweden--(BUSINESS WIRE)--Dec. 27, 2000 New Wave Group AB will launch a new subsidiary in the first quarter of 2001. The company, Make Your Own Design AB, will operate in two business areas: Corporate clothing Specially designed collections of the New Wave Group are in increasing demand from companies, via their retailers. These are collections that are specially designed for a customer, or that have their own colours, etc, specific to a customer. The company will actively cultivate cul·ti·vate tr.v. cul·ti·vat·ed, cul·ti·vat·ing, cul·ti·vates 1. a. To improve and prepare (land), as by plowing or fertilizing, for raising crops; till. b. this market, first in Sweden Sweden, Swed. Sverige, officially Kingdom of Sweden, constitutional monarchy (2005 est. pop. 9,002,000), 173,648 sq mi (449,750 sq km), N Europe, occupying the eastern part of the Scandinavian peninsula. , and then through New Wave's subsidiaries/distributors in other countries, on all markets where the corporate clothing business area is represented. Make Your Own Design will also be launched as a separate unit within Cyberwave, Yourlogo.com, offering a service in which customers themselves can design or colour/develop their own collections, within certain frameworks. Delivery, etc, will be made through New Wave's normal retail outlets retail outlet n → punto de venta retail outlet n → point m de vente retail outlet retail n → . Trading In addition, the New Wave Group AB is experiencing increasing demand in the product areas where New Wave is renowned, such as T-shirts, Pique tops, caps, shirts, etc. The production is partly for other trademarks, and partly in the form of private labels for chainstores, etc. Make Your Own Design AB will also handle these types of sales on Trading. In the next few years, the Years, The the seven decades of Eleanor Pargiter’s life. [Br. Lit.: Benét, 1109] See : Time New Wave Group AB will be able to greatly increase sales in these product areas. The formation of the new subsidiary will also mean a more complete range within the business area of corporate clothing, thereby further strengthening this concept. The New Wave Group AB estimates that Make Your Own Design will make a profit in the first year of operations. Sales in the first year are estimated to SEK SEK In currencies, this is the abbreviation for the Swedish Krona. Notes: The currency market, also known as the Foreign Exchange market, is the largest financial market in the world, with a daily average volume of over US $1 trillion. 20-40 million, of which SEK 10-30 million will be growth. New Wave Group AB (publ) Torsten Jansson Managing Director ------------------------------------------------------------ This information was brought to you by BIT http://www.bit.se The following files are available for download To receive a file transmitted over a network. In any communications session, "download" means receive, and "upload" means send. The download/upload often implies a big/little scenario, in which data is being downloaded from the "big" server into the "little" user's computer. : http://www.bit.se/bitonline/2000/12/27/20001227BIT00060/bit0001.doc http://www.bit.se/bitonline/2000/12/27/20001227BIT00060/bit0002.pdf |
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