Sub-Urban Releases CEO Letter to Shareholders; Company Chief Executive Officer Details Recent Progress to Expand Brand Portfoli
August 16 2006 - 6:30AM
Business Wire
Sub-Urban Brands, Inc. (OTCBB:SUUB), a multi-brand apparel company
pursuing high-margin revenue growth in the global fashion industry,
has issued the following letter to shareholders today from Chief
Executive Officer Joseph Shortal. -0- *T Dear Investors, This
letter is intended to give our valued shareholders an update on the
exceptional progress that Sub-Urban has achieved over the past
several months. To name just a few of the important milestones, I
want to draw your attention to several of the high-profile retail
orders we've received, as well as our successful new brand launches
and the execution of highly-impactful marketing campaigns. I
believe that these initiatives have validated Sub-Urban's business
model, and helped us move substantially toward our goal of
positioning Sub-Urban as one of the industry's most influential
designers and manufacturers of fashion for the multibillion-dollar
worldwide youth market. That market includes some 40 million young
consumers who represent an estimated $200 billion in spending power
in the U.S. alone. Recently, Sub-Urban expanded its brand portfolio
with an exciting new brand: Mash Culture Lab(TM). It joins our
signature WHITEBOY(R) brand, PYT(TM) styles for younger girls,
WHITEBOY Girl(TM) and Black Jesus(R). Excitingly, these brands are
starting to gain traction in the marketplace. Sub-Urban recently
secured a substantial product order from prominent fashion industry
retailers Santa Monica-based Fred Segal and East Coast fashion icon
Dr. Jay's. In addition, leading music and entertainment retailer
Virgin Megastores will carry our Mash Culture Lab(TM) brand in
flagship stores in five major cities, including its Times Square
location in New York City. These retailers represent some of the
most influential brands in the fashion industry. In addition, each
supports an elite professional consumer base that includes the
stylists and buyers that influence worldwide fashion trends and
some of the largest nationwide retailers. It is important to note
that these prominent retail orders came in at the beginning of the
selling season which will continue through the end of the year.
Each of these orders also reflects Sub-Urban's commitment to an
expanding portfolio of edgy, youth-oriented brands that capitalize
on multiple, non-competing distribution channels. This diversified
multi-brand strategy allows us to target both niche and mainstream
markets without diluting brand equity. For example, Fred Segal, a
cutting-edge boutique retailer, will continue to carry the more
edgy WHITEBOY(R) brand, while Mash Culture Lab(TM) is positioned to
address major national department store retailers that attract the
larger mainstream consumer base. Each of our brands has been
engineered to generate consumer buzz and to maximize sales. Our
WHITEBOY(R) brand continues to drive our mainstream visibility
through the vastly influential celebrity culture. Due to the
brand's fashion-forward designs and a number of non-traditional
marketing and public relations initiatives, we have gained momentum
from the mainstream media through unpaid product endorsements from
A-list celebrities such as Tommy Lee (Motley Crue), Jessica Alba
("Sin City"), Don Cheadle ("Hotel Rwanda") and Chester Bennington
(Lincoln Park), among many others. We are also particularly proud
of our ongoing fund-raising program to assist victims of Hurricanes
Katrina and Rita, which raises money for these families through the
sale of special-edition "American Refugee" T-Shirts designed by
Academy-Award nominee Don Cheadle. To capitalize on this extensive
media attention, Sub-Urban recently partnered with two of the most
successful marketing agencies in the nation. In June, we hired Los
Angeles-based Caro Marketing, which is led by BrandWeek's "Guerilla
Marketer of the Year," Caroline Rothwell. In addition, we partnered
with AGW marketing, based in New York City, to target the world's
most influential fashion market by connecting with the city's
cultural elite. This latest partnership has already seen
exceptional success with the launch of the Get Cocky Awards, a
charity event that was held at 7 World Trade Center in lower
Manhattan, sponsored by the Company's Mash Culture Lab(TM) clothing
line. Sub-Urban's management is 100 percent committed to delivering
long-term value for Sub-Urban's shareholders. To that end, we have
laid the necessary groundwork to become a powerhouse in the fashion
industry. We believe we are situated both financially and
strategically to be successful in this endeavor. To learn more
about Sub-Urban or to stay updated on our latest news and progress,
please visit http://www.trilogy-capital.com/tcp/sub-urban/. Thank
you for your continued support. You can expect great things from
Sub-Urban. Sincerely, Joseph Shortal Chief Executive Officer
Sub-Urban Brands, Inc. *T About Sub-Urban Brands Sub-Urban Brands,
Inc. is a multi-brand company which designs and markets
cutting-edge lifestyle apparel that targets the rapidly growing
multibillion-dollar youth consumer marketplace. The Company pursues
robust revenue-generating opportunities within multi-tiered retail
markets that leverage multiple brands and market segments to create
financial success. Sub-Urban is committed to further expansion and
increased shareholder value through both the internal development
of intellectual property and acquisition of additional brands, as
well as to the establishment of new international marketing
alliances that will reinforce its recurring and non-recurring
revenue streams. Inspired by the energy and vigor of youth, urban
and music culture, Sub-Urban is initially focused on creating a
family of non-competing brands for its key target consumer, an
estimated 40 million 15-29 year olds. Sub-Urban's current portfolio
of trademarked apparel and accessory brands includes WHITEBOY(R)
for Men, WHITEBOY(R) Girl, Mash Culture Lab(TM), BLACK JESUS(R)
streetwear apparel and PYT(TM) styles for younger girls. Consistent
with the company's high growth strategies, the Company will be
actively marketing these brand offerings to Japan, Canada,
Australia and 25 European countries. For additional information,
please visit www.whiteboy.com, www.whiteboygirl.com,
www.mashculturelab.com, and www.getcocky.com. For more investor
oriented information about Sub-Urban, visit
http://www.trilogy-capital.com/tcp/sub-urban/. For current stock
price quotes and news, visit
http://www.trilogy-capital.com/tcp/sub-urban/quote.html. To view an
Investor Fact Sheet, visit
http://www.trilogy-capital.com/tcp/sub-urban/factsheet.html.
Forward-Looking Statements This press release includes statements
that may constitute forward-looking statements, usually containing
the words "believe," "estimate," "project," "expect," or similar
expressions. These statements are made pursuant to the safe harbor
provisions of the Private Securities Litigation Reform Act of 1995.
Forward-looking statements inherently involve risks and
uncertainties that could cause actual results to differ materially
from the forward-looking statements. Factors that would cause or
contribute to such differences include, but are not limited to,
continued acceptance of the Company's products and services in the
marketplace, competitive factors, dependence upon third-party
vendors, availability of capital and other risks detailed in the
Company's periodic report filings with the Securities and Exchange
Commission. By making these forward-looking statements, the Company
undertakes no obligation to update these statements for revisions
or changes after the date of this release.
Sub Urban Brands (CE) (USOTC:SUUB)
Historical Stock Chart
From Dec 2024 to Jan 2025
Sub Urban Brands (CE) (USOTC:SUUB)
Historical Stock Chart
From Jan 2024 to Jan 2025