Carter’s

Carter’s Inc. (Atlanta), the branded marketer of apparel for babies and young children, reported a 23 percent increase in net sales for its second quarter ended July 2, 2005.

The increase in net sales for the quarter includes a 17 percent increase in sales in the wholesale channel and a 71 percent increase in sales in the mass channel. The company’s retail store sales in the quarter increased 13 percent and same-store sales increased 7.1 percent. The company also opened 11 new store in the past 12 months.

“We continue to experience strong results in all channels of distribution because of our focus on essential core products and superior execution,” said chairman and ceo Fred Rowan. “We are very excited about the acquisition of OshKosh B’Gosh Inc. This acquisition brings together two of America’s most trusted children’s apparel brands with annual sales of approximately $1.3 billion. There is tremendous potential to be realized by leveraging our proven brand management and supply chain skills which we believe will result in significant long-term value for our shareholders, customers, and consumers.”