Nexia Holdings Appoints National Brand Strategist Andy Montana To Spearhead Retail GrowthTuesday February 6, 10:30 am ET
SALT LAKE CITY, Feb. 6 /PRNewswire-FirstCall/ -- Nexia Holdings, Inc. (OTC Bulletin Board: NEXH - News), through its wholly owned subsidiary Gold Fusion Laboratories, announced today that it has retained the services of Andy Montana to direct the growth strategies of its retail chain Black Chandelier. Montana brings over 12 years of experience in developing, creating, and executing brand and retail strategies. Most recently, Montana was part of the LoveSac brand and retail chain and helped grow them from 10 to 80 stores nationwide. His efforts helped increase annual revenue from $3 million to over $20 million system wide. In addition to these efforts, his strategies also helped re-launch the "beanbag" fad as a pop culture staple.
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"We have very aggressive goals and Andy Montana's experience and reputation is exactly what we need to reach the next level," stated Richard Surber, CEO of Nexia Holdings, Inc. "Black Chandelier's mission is to achieve $50 million in revenues by 2011. Andy's proven track record in dealing with retail and distribution companies can help us create new cost efficiencies and deliver profitable results as we continue our national expansion plan."
"I am very excited to be part of the Black Chandelier brand and retail chain. Designer Jared Gold has such a unique vision of mass personalization, developing innovative designs and merchandise that speak to consumers' need for individuality. As we build out the retail concept nationwide, I believe we can improve retail operations, product development, distribution, and marketing plans in order to achieve the company's goals. In the near-term, our plans are to open standalone stores within upscale malls. Over the long-term, we believe the opportunity will present itself to resell our merchandise through established, national retail chains. We will evaluate new market opportunities as they arise," said Andy Montana.