NEW YORK, Dec. 11, 2014 /PRNewswire/ -- Lot78 Inc. is
pleased to announce today that the Company has increased its winter
sales by 95%.
Ollie Amhurst CEO of lot78 says: "We are extremely
pleased with this result. We have managed to increase our wholesale
sales dramatically but at the same time keep the integrity of the
brand by being selective with our distribution. Our positive sales
with stores and the increase in the offering of the collection has
and will ensure continued healthy growth."
About Lot78, Inc.
Lot78, Inc. is a trend-setting leader in the design, marketing,
distribution and sale of urban apparel – retailing under the brand
name "Lot78" in five continents, including: North America, Europe, Asia,
Australia, and South
America. Lot78 has been featured in US Weekly, Elle Magazine,
Financial Times, Harrods Magazine, The London Evening Standard, and
Grazia Magazine as an emerging global brand.
Lot78, Inc. is quoted on the OTC in the United States of America under the symbol
LOTE.OB. For more information, please visit
www.lot78.com.
Forward-Looking Statements
This news release contains "forward-looking statements," as that
term is defined in Section 27A of the United States Securities Act
of 1933 and Section 21E of the Securities Exchange Act of
1934. Statements in this press release that are not purely
historical are forward-looking statements and include any
statements regarding beliefs, plans, expectations or intentions
regarding the future. Actual results could differ from those
projected in any forward-looking statements due to numerous
factors. Such factors include, among others, Lot78's products
to gain market acceptance, and the difficulties faced by an early
stage retail fashion company in the competitive retail fashion
industry. These forward-looking statements are made as of the
date of this news release, and the Company assumes no obligation to
update the forward-looking statements, or to update the reasons why
actual results could differ from those projected in the
forward-looking statements. Although the Company believes
that the beliefs, plans, expectations and intentions contained in
this press release are reasonable, there can be no assurance that
such beliefs, plans, expectations or intentions will prove to be
accurate. Investors should consult all of the information set
forth herein and should also refer to the risk factors disclosure
outlined in the Company's recent current reports on Form 8-K, our
annual report on Form 10-K, our quarterly reports on Form 10-Q, and
other periodic and current reports filed from time to time with the
Securities and Exchange Commission.
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SOURCE Lot78, Inc.