BRAVADA’s World of Leggings Flagship Retail Store an Immediate Success After Only Its First Week; BRAVADA to Revise Up its ...
October 25 2011 - 3:43AM
Business Wire
BRAVADA International Ltd. (www.OnlyLeggings.com)
(Pink Sheets:BRAV) announced today that its flagship World
of Leggings retail store in Los Angeles has been an immediate
success after only its first week of operations. Sales at World of
Leggings™ have being averaging nearly $1,000 daily after a soft
opening last week. In essence, BRAVADA changed the sign, renovated
the interior to accommodate nearly 10,000 leggings and unlocked the
door. The response has been phenomenal by every metric. In
addition, sales on its online leggings superstore, OnlyLeggings.com
has continued to climb consistently throughout the month of October
to culminate in sales that have begun to exceed $10,000 daily.
Due to revenue growth across all of its business segments,
BRAVADA will be revising up its Q4 revenue guidance in the coming
weeks from its previous guidance of $350,000 - $385,000. BRAVADA
expects that revenue for October alone will equal or surpass its
entire revenue for its third quarter. BRAVADA considers the
revision to its fourth quarter revenue guidance as highly material
in nature and shall provide revised guidance when it can make an
accurate statement with regards to its fourth quarter revenue.
About BRAVADA
BRAVADA owns BRAVADA Women’s Athletica, World of Leggings,
BravadaWomen.com, OnlyLeggings.com and FashionDollarStore.com.
BRAVADA specializes in high performance women’s yoga clothes and
women's workout clothes. OnlyLeggings.com is an online superstore
for leggings such as cotton leggings, faux leather leggings, basic
leggings and seamless leggings.
www.BravadaWomen.comwww.OnlyLeggings.comwww.Bravada.com
This news release may contain statements about future
expectations, plans, prospects or performance of BRAVADA
International Ltd that constitute forward-looking statements for
purposes of the safe harbor Provisions within the meaning of the
Securities Act of 1933 and the Securities Exchange Act of 1934, as
amended by the Private Securities Litigation Reform Act of 1995.
These forward-looking statements can be identified by phrases such
as BRAVADA "believes," “intends,” "expects," "anticipates,"
"foresees," "forecasts," "estimates" or other words or phrases of
similar import. Similarly, statements herein that describe the
Company's business strategy, outlook, objectives, plans, intentions
or goals also are forward-looking statements. All such
forward-looking statements are subject to certain risks and
uncertainties that could cause actual results to differ materially
from those in forward-looking statements.
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