The company reported record net revenues for its continuing operations of

$12.5 million for its second quarter representing an increase of 36% over the prior year period. The increase in net revenues was said to be attributable to net sales from continuing apparel operations and sporting goods, which increased 41% to $9.5 million compared with $6.8 million in the second quarter of fiscal 2004.

Net licensing revenues advanced 22% to $2.9 million compared with $2.4 million in the prior period. For the six-months ended June 2005, net revenues increased 29% to $24.7 million, over the 2004 corresponding period, led by a 35% increase in licensing revenues along with a 28% increase in continuing apparel operations and sporting goods net sales.