PRVCY Brand to Resume Production of Denim
23 Juni 2011 - 3:00PM
Omni Ventures, Inc. (OTCQB:OMVE) announced today that its wholly
owned subsidiary, PRVCY Couture, Inc., is resuming production of
denim products for the 2011 fall/winter season as well as for
spring and summer seasons of 2012. It is anticipated that the
products will be sold domestically and to its international
distributors.
"After the resumption of operations earlier this year we have
done a great deal of market research as well as engaged in focused
discussions with many retailers on our expansive customer list, our
licensees and international distributors to determine the best way
to re-launch our brand," said Derek Finney, the CEO of PRVCY
Couture, Inc. Finney added, "We currently own enough raw materials
to produce approximately 17,000 units of denim, which may translate
in the initial sales of over one million dollars at the prevailing
wholesale prices. Needless to say, in this day and age, we will
make a special effort to use e-commerce as the medium to put our
versatile collection directly in front of the consumers, which may
lead to additional sales and increased profit margins. Our product
offering will comprise of a mix of legacy styles, which are
enjoying stable demand both domestically and overseas, as well as
the new designs developed recently."
About Omni Ventures
Omni Ventures, Inc. is a development stage company working on a
versatile portfolio of projects in premium consumer brands
development and merchandising as well as consumer services. The
Company is working to position itself as a strategic management
holding company for several subsidiaries including the ones to be
established or acquired. Currently the Company wholly owns PRVCY
Couture, Inc., the casual couture apparel and accessories design,
manufacturing and distribution company (www.prvcypremium.com).
Management is negotiating several joint ventures with established
operating companies in the fields of consumer goods design,
manufacturing and distribution as well as consumer services. For
more info, please visit www.omve.net.
Legal Disclaimer
The statements contained in this press release contain certain
forward looking statements, including statements regarding the
company's expectations, intentions, strategies and beliefs
regarding the future. All statements contained herein are based
upon information available to the company's management as of the
date hereof, and actual results may vary based upon future events,
both within and without the control of the company's
management.
CONTACT: Omni Ventures, Inc.
Investor Relations:
Pivo Associates, 212.924.3548
info@pivoassoc.com
Omni Ventures (CE) (USOTC:OMVE)
Historical Stock Chart
Von Jun 2024 bis Jul 2024
Omni Ventures (CE) (USOTC:OMVE)
Historical Stock Chart
Von Jul 2023 bis Jul 2024
Echtzeit-Nachrichten über Omni Ventures Inc (CE) (OTCMarkets): 0 Nachrichtenartikel
Weitere Omni Ventures, Inc. News-Artikel