In a release, the company noted that transferring fabric production from Korea to the garment manufacturer has reduced costs and streamlined production. The fabrics continue to be designed and custom made exclusively for My Vintage Baby.
"The consolidation eliminates the sample fabric printing charge, which was approximately $8,000 last season. In addition to this savings, our price per square yard will be reduced by $4.71 or $5.91, depending on the roll size. This represents a savings of between 65 percent and 70 percent for comparable fabrics. We have also eliminated the need to ship between factories," said Jeff Welsh CFO, My Vintage Baby.
Jessica Wiswall, CEO, My Vintage Baby added, "We can now accurately predict our fabric requirements, ensuring that all orders are filled, while producing no excess fabric. This is another exciting step in the on-going process of enhancing our customers' satisfaction with My Vintage Baby's exclusive children's fashions."
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