ENCB Encore Brands Inc (GM)

SANTA MONICA, CA / ACCESSWIRE / June 26, 2014 / In January Encore Brands, Inc. (OTC.BB:ENCB) (“Encore Brands”, “Encore”) entered into an agreement to acquire the business and operations of Northridge Mills Holdings, Inc. (“Northridge Mills”).

With a history of over 50 years producing goods for some of the best apparel brands in the country, acquiring Northridge Mills puts Encore squarely in the traffic of fashion innovators across the US.

In its first quarter of managing the business in 2014, the company achieved top line revenue exceeding $1.4M on a fiscal full year run rate of nearly $5M. This is an improvement over the Q1and full year results of the previous year.

Encore has been instrumental in bringing new brands to the Northridge Mills customer base and in identifying potential brand acquisitions and license opportunities to expand its business throughout the remainder of 2014.

In addition to the brand opportunities being explored, the company has engaged TCA Global Fund Credit Master Fund, LP to help with capital resources necessary to operate the business.

The company expects to bring all of it’s financial statements and filings up to date and close the transaction within the third quarter of 2014.

About Encore Brands, Inc.

Encore Brands Inc. (OTC.BB: ENCB) is a Nevada Corp with offices in Santa Monica, California. The company was founded with the desire to create, acquire and license unique consumer brands. By leveraging a network of distributors and sales people, Encore Brands is creating a brand portfolio that will be distributed directly and through third parties domestically and internationally.

About Northridge Mills Holdings, Inc.

Now under its third generation of management, Northridge Mills has been providing quality apparel manufacturing in the same location since 1958. With over 150 skilled operators, top of the line equipment, and decades of experience, the most discerning customers rely on Northridge Mills for their production. The companies broad capabilities in men’s and women’s knit sportswear with a focus on active and swimwear has made Northridge Mills one the top domestic resources for some of the largest brands in the world.

This report includes forward-looking statements intended to qualify for the safe harbor from liability established by the Private Securities Litigation Reform Act of 1995. These forward-looking statements generally can be identified by phrases such as Encore Brands or its management “believes,” “expects,” “anticipates,” “foresees,” “forecasts,” “estimates” or other words or phrases of similar import. Similarly, statements herein that describe Encore Brands business strategy, outlook, objectives, plans, intentions or goals also are forward-looking statements. All such forward-looking statements are subject to certain risks and uncertainties that could cause actual results to differ materially from those in forward-looking statements. We urge you to carefully consider any and all important factors that could cause actual results to differ materially from the expectations of Encore Brands or its management.

For information contact Alex McKean at alex@encorebrands.com

Source: Encore Brands, Inc.

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