PRVCY Expands and Diversifies Customer Base
18 Junio 2012 - 3:00PM
Omni Ventures, Inc. (OTCQB:OMVE), announced today that it's wholly
owned subsidiary PRVCY Couture, Inc. has continued to update the
PRVCY Premium line with growing sales and shipping to new accounts.
The Company has been developing creative ways to diversify its
customer base including testing sales at new online merchandising
venues. The company has also made significant steps to completing a
national department store retail partnership. To diversify, the
Company has identified acquisitions of an existing
revenue-generating children's apparel collection as well as an
off-price garments merchandizing line.
"We are very pleased with the steady demand for our PRVCY
Premium line from our existing and new customers while our design
team is working on revamping the look and feel of our brand with
the view of the re-launch at the upcoming trade shows in Las Vegas
in August. We are also maintaining our efforts to complete the deal
on a major national retail partnership," stated Christian Wicks,
President of Omni Ventures, Inc.
He added, "In particular, I am content with the latest increase
in shipments of the new inventory to our current accounts including
the most recent ones to "Boogies" in Aspen, and the "English
Laundry" store in Las Vegas. Some stores have great feedback on the
product and have started reordering. This is a very positive
indication and shows that injecting our new styles into the market
further supports the PRVCY legacy and brand awareness. We have also
negotiated a deal with www.ideeli.com, which is famous for its
3-day flash sales to 'members only', which will clean up a good
deal of our inventory. Our offering at ideeli.com may potentially
reach 5 million of their members, generate new sales, and help
educate new potential customers of the PRVCY brand. We believe it
is fair to say, that the conceptual and developmental stage of the
PRVCY brand re-launch is finally over. The next focus of our
efforts related to PRVCY will be the steady expansion and growth of
revenues. In order to expand our coverage in the near future, we
are planning to identify and acquire revenue-generating established
children's collections, which may be done separately of our PRVCY
brand. We are also looking to put our efforts into another new line
of business under Omni, which will not compete with PRVCY,
specifically off-price apparel merchandizing to the leading
discounters, which may favorably position our company in that
recession-proof segment of the apparel industry."
About Omni Ventures
Omni Ventures, Inc. is the owner of PRVCY Couture, Inc., the
casual couture apparel and accessories design, manufacturing and
distribution company (www.prvcycouture.com) known for the "Made in
Hollywood" PRVCY brands. The Company is in various stages of
developing several related projects in the fields of consumer goods
design, manufacturing and distribution as well as consumer
services. For more info, please visit www.omve.net.
This press release may contain "forward-looking statements"
within the meaning of the Private Securities Litigation Reform Act
of 1995, such as statements relating to financial results and plans
for future development activities, and are thus prospective.
Forward-looking statements include all statements that are not
statements of historical fact regarding intent, belief or current
expectations of the Company, its directors or its officers.
Investors are cautioned that any such forward-looking statements
are not guarantees of future performance and involve risks and
uncertainties, many of which are beyond the Company's ability to
control. Actual results may differ materially from those projected
in the forward-looking statements. Among the factors that could
cause actual results to differ materially from those indicated in
the forward-looking statements are risks and uncertainties
associated with the Company's business and finances in general,
including the ability to continue and manage its growth,
competition, global economic conditions and other factors discussed
in detail in the Company's periodic filings with the Security and
Exchange Commission. You should carefully review the information
disclosed within the section entitled "Risk Factors" contained in
the Company's Current Report on Form 10Q/A filed on February 15,
2012, as well as the information contained in this release, when
assessing the Company and its business. The Company undertakes no
obligation to update any forward-looking statements.
CONTACT: Investor Relations:
investor.relations@omve.net
913-693-8073
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