CybeRelease: (OTC: TLEI) To Expand its Sales and Distribution Networks Outside the United States
(CybeRelease, November 2, 2006) - Lake Harmony, PA - On the heals of closing its most recent deals for Menswear labels Y-Chrome and GC by Garth Cabral, Total Luxury Group, Inc. (OTC BB: TLEI) is seeking to expand its sales and distribution networks outside the United States. The Company has already signed an agreement with DB-5, a Canadian distributor, to distribute Y-Chrome throughout Canada, and is now negotiating a new agreement with RMF Distributors to represent all of the Company’s brands throughout Europe.
“Europe has always been the source for fashion trends and we believe that a presence in Europe is a key link to our Company development,” explains COO Janon Costley. “We have worked with RMF in the past and believe that now is the time to explore further development of that relationship.” Costley added, “If we can supplement sales by 15-20% through Canadian distribution and another 20-30% in Europe, we will enjoy a tremendous jump in profits. These type of distribution agreements give us the ability to enjoy economies of scale on production and added profit margins without increased overhead here in the U.S.”
To read the complete release, go to http://biz.yahoo.com/iw/061102/0179645.html
For a Free Newsletter, go to http://www.OTCReporter.com
CybeRelease Gainers are Charter Communications, Inc. (Nasdaq: CHTR), Marvell Technology Group, Ltd. (Nasdaq: MRVL), Comcast Corporation (Nasdaq: CMCSA), CMGI, Inc. (Nasdaq: CMGI), Movie Gallery, Inc. (Nasdaq: MOVI), 8x8 Inc. (Nasdaq: EGHT), Dura Automotive Systems, Inc. (Nasdaq: DRRA) and Anglo American plc (Nasdaq: AAUK).
CybeRelease Decliners are RF Micro Devices, Inc. (Nasdaq: RFMD), Apollo Group, Inc. (Nasdaq: APOL), Flextronics International Ltd. (Nasdaq: FLEX), Hansen Natural Corporation (Nasdaq: HANS), Staples, Inc. (Nasdaq: SPLS), Electronic Arts Inc. (Nasdaq: ERTS), Andrew Corporation (Nasdaq: ANDW) and Joy Global Inc. (Nasdaq: JOYG).
Information, opinions and analysis contained herein are based on sources believed to be reliable, but no representation, expressed or implied, is made as to its accuracy, completeness or correctness. The opinions contained herein reflect our current judgment and are subject to change without notice. We accept no liability for any losses arising from an investor’s reliance on or use of this report. This report is for information purposes only, and is neither a solicitation to buy nor an offer to sell securities. A third party has hired and paid CybeRelease $500.00 for the publication of this report. Certain information included herein is forward-looking within the meaning of the Private Securities Litigation Reform Act of 1995, including, but not limited to, statements concerning manufacturing, marketing, growth, and expansion. Such forward-looking information involves important risks and uncertainties that could affect actual results and cause them to differ materially from expectations expressed herein. We have no ownership of equity, no representation and do no trading of any kind.
- Contact Information
- C. P. Barry
- Media Contact
- Contact via E-mail
This news content may be integrated into any legitimate news gathering and publishing effort. Linking is permitted.
News Release Distribution and Press Release Distribution Services Provided by WebWire.