Sub-Urban Announces Move to New Larger Corporate Headquarters to Accommodate Aggressive Growth Initiatives; Expansion More Than
August 21 2006 - 1:41PM
Business Wire
Sub-Urban Brands, Inc. (OTCBB:SUUB), a multi-brand apparel company
pursuing high-margin revenue growth in the global fashion industry,
has announced that it has leased new, larger Corporate headquarters
and production facilities in Los Angeles to accommodate its growing
design and business operations. The move more than doubles the
Company's available space to increase production and to house
potential growth throughout 2006 and beyond. The Company's new
location provides sufficient room for expanded design, sample and
production space. The move follows a series of recent business
announcements, including retail orders from fashion industry
leaders such as Fred Segal, Dr. Jays and Virgin Megastores. The
Company will relocate from its downtown Los Angeles, Calif.,
offices to the new facility in the Westchester section of Los
Angeles. "The move will enable us to increase the pace of our new
brand development and design programs and build on the success
we've generated so far," said Joseph Shortal, Chief Executive
Officer of Sub-Urban Brands. "Every inch of this new space will be
used to expand operations and to promote Sub-Urban's reach in the
worldwide youth fashion market." Sub-Urban remains in Los Angeles,
where it has often partnered with today's most influential
celebrities for a variety of events. Several high-profile
musicians, actors and others have been quoted in national magazines
touting their affinity towards Sub-Urban brands such as
WHITEBOY(R). Brittany Murphy has been so taken with her Whiteboy
Capri pants that she said, "I love them, I never want to take them
off. I want them in every color." In a recent London interview,
Tommy Lee was asked "What's in your closet?" The Motley Crue
drummer answered, "Anything from Whiteboy." Sub-Urban has launched
the pop culture phenomena WHITEBOY(R) brand and its signature
rooster logo. Other product lines include WHITEBOY(R) Girl, Mash
Culture Lab(TM), BLACK JESUS(R) and PYT (TM)(Pretty Young Thing).
Sub-Urban products are sold at trendsetting retailers. Within the
next 18 months, Sub-Urban intends to expand its brand offerings
through global distribution networks in Japan, Canada, Australia
and 25 other European markets. 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.
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