TORONTO, June 3 /CNW/ - Newlook Industries Corp. (TSX Venture: NLI),
("Newlook") is pleased to announce that May 2008 unaudited consolidated
revenues were approximately CAD$3,460,000.
Retail segment revenues were approximately $1,676,000 and commercial
segment revenues were $1,784,000 in 2008.
John G. Simmonds, Newlook CEO stated; "The Retail Council of Canada
recently published that Saskatchewan retail sales led Canada with 13% growth,
double the growth of the year before. With approximately half of our revenues
arising from Saskatchewan we're well positioned to profit from this growth."
Newlook Industries Corp., headquartered in Toronto, Ontario is a publicly
traded company listed on the TSX Venture Exchange. For more information please
call (416) 477-5656 or refer to www.sedar.com.
The management of the company, who take full responsibility for its
content, prepared this press release. The TSX Venture Exchange has not
reviewed and does not accept responsibility for the adequacy or accuracy of
this release. This press release contains forward-looking statements relating
to future events and results that are based on Newlook's current expectations.
These statements involve risks and uncertainties including, without
limitation, Newlook's ability to successfully develop and market its products,
consumer acceptance of such products, competitive pressures relating to price
reductions, new product introductions by third parties, technological
innovations, and overall market conditions. Consequently, actual events and
results in future periods may differ materially from those currently expected.
For further information:
For further information: John G. Simmonds, Chief Executive Officer,
Newlook Industries Corp, Telephone: (416) 477-5656 x301