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Nexia Holdings, Inc. (OTC BB: NEXA) From February 1 to 20, 2007, retail sales totaled $189,662 compared to $67,931 for the comparable period in 2006, a 279% increase. This increase is attributed not only from additional locations, but also double digit percentage increase in comparable same stores. Strong year- over-year growth is particularly impressive considering retail apparel and beauty sales are generally low in the month of February. Founder and head designer of Black Chandelier Jared Gold is preparing to unveil his 2007 Spring Collection called "Nijinsky." Jared Gold's Spring Collection will be manufactured in multi-million dollar facilities located in both China and India. Clothing is made through high-tech computer designs that produce well-constructed garments for the discerning customer. Many styles will be made out of this season's highly sought after silk-like bamboo fiber. Bamboo fiber is a renewable resource that provides stability for commerce in developing countries. Our manufacturing partnerships will reiterate Black Chandelier's global fashion presence and compelling retail ingenuity. This will also secure production capacity as sales increase. As we expand into new locations coast- to-coast, outsourcing was a necessary step to either improve or maintain the quality and integrity of the Black Chandelier and Jared Gold labels, while minimizing costs. Black Chandelier's goal is to provide innovative designs at price points that are accessible to a wide range of consumers. Our newly appointed branding director Andy Montana will play an instrumental role in guiding our Black Chandelier retail concept into a national franchise on a profitable basis. In other news, Nexia's subsidiary Diversified Holdings, Inc. has realized about $200,000 over the last three days from the sale of a portion of its holdings in China Fruits Corporation (OTC Bulletin Board
aus der Diskussion:	NEXIA HOLDINGS INC.
Autor (Datum des Eintrages):	12uwe  (26.02.07 09:50:05)
Beitrag:	111 von 728 (ID:27973313)
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