US producer of branded and private label apparel, Oxford Industries, Inc. has announced record financial results for the first quarter ended September 2, 2005. Consolidated net sales for the quarter increased 27% to $336 million from $265 million in the first quarter of fiscal 2005.

The Tommy Bahama Group reported net sales of $92 million in the first quarter compared with $93 million in the same period last year. An increase in retail sales was offset by a decline in wholesale revenues and the discontinuation of the private label business.

The Menswear Group reported first quarter sales of $177 million compared to sales of $119 million last year. Ben Sherman contributed approximately $44 million for the quarter, versus only $17 million for a partial quarter's contribution in the year-ago period.

First quarter sales for the Womenswear Group increased 30% to $68 million from $52 million last year. The company noted that increased shipments to Wal-Mart and Target represented the bulk of the sales increase.

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