Tatyana Designs Reports 2013 Net Sales Increased 43%
March 18 2014 - 9:00AM
Tatyana Designs, Inc. (the "Company") (OTC
Pink:TATD), a growing designer, manufacturer and retailer of
vintage inspired contemporary designs, today reported record net
sales for 2013 of $14.7 million, a 43% increase over revenues for
2012. The Company also announced that it is rebranding its
boutiques as "Tatyana®", to reflect the inspiration of the
Company's brilliant founding fashion designer Tatyana Khomyakova.
The rebranding of boutiques to Tatyana is underway and the
Company's e-commerce website is now www.tatyana.com. The Company
will continue to produce and sell Bettie Page branded dresses in
its boutiques and worldwide through its e-commerce and wholesale
operations.
The Company opened its first boutique in 2007 at the Miracle
Mile Shops in Las Vegas and now operates seventeen boutiques across
the nation. Sales results for 2013 represents the second
consecutive year of over 40% sales growth. The Company expects to
report complete 2013 financial results by the end of the month.
"The name change allows us to cultivate our own unique brand and
expands our growth options," noted Tatyana Designs, Inc. co-CEO Jan
Glaser. "Tatyana is at the forefront of retro inspired style, and
her designs have thrilled women from all walks of life."
About the Company - Based in Las Vegas, Nevada,
Tatyana Designs, Inc. is a growing retailer specializing in
contemporary designs inspired by the 1940's and 50's – the "Golden
Age" of fashion. The Company owns significant trademark and
license rights. The merchandise offered through the boutiques,
e-commerce and wholesale divisions offer a diverse mix of
high-quality and attractively priced apparel, jewelry, accessories
and gifts. The Company's boutiques and e-commerce target the 18-35
year-old, fashion conscious female customer, but women of all ages
are attracted to the unique retro inspired, yet modern, look. New
product styles are presented monthly. For more information on the
company please visit the Web site at www.tatyanadesigns.com.
Trademark Information: Bettie Page is a trademark registered to
Bettie Page, LLC (www.BettiePage.com). All other trade names are
either trademarks or registered trademarks of their respective
holders.
Cautionary note on forward-looking statements:
Certain statements in this release are "forward-looking
statements" made pursuant to the safe-harbor provisions of the
Private Securities Litigation Reform Act of 1995. Such
forward-looking statements reflect the Company's current
expectations or beliefs concerning future events and are subject to
various risks and uncertainties that may cause actual results to
differ materially from those that we expected, including: the costs
and effects of rebranding and any related disputes including
litigation; possible adverse changes in general economic conditions
and their impact on consumer confidence and spending; possible
inability to predict and respond in a timely manner to changes in
consumer demand; possible loss of key management or inability to
attract and retain the talent required for our business; possible
inability to maintain and enhance our brands; possible inability to
successfully implement our growth strategies or manage our growing
business; possible inability to successfully open new boutiques and
expand e-commerce business as planned; and possible inability to
sustain levels of comparable-boutique sales. For a discussion
of these and other risks and uncertainties that could cause actual
results to differ materially from those contained in our
forward-looking statements, please refer to the Company's most
recent public corporate documents and risk factors discussed
therein(www.otcmarkets.com/stock/TATD/filings). We undertake
no obligation to publicly update or revise any forward-looking
statement. Future results may differ materially from the Company's
current expectations.
CONTACT: Jan Glaser
702.458.1632 Ext 5
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