Expansion of Obscene jeans brand in China, Greek market
Fully-licensed import/export entities that are authorized to service and distribute American and European products on the Chinese mainland are typically scarce. According to the LOI, Obscene Jeans is working on an agreement to make Beijing Beautyfresh International Trade Company Ltd. (Beautyfresh) the distributor of OBJE-branded products in China under Beautyfresh's valid import/export license. Additionally, OBJE seeks to engage Beautyfresh to use its import/export experience and business contacts to distribute and market the company's forthcoming cosmetic and beauty products in Greece.
Obscene Jeans is currently formulating a global business plan for a product line that could soon grow to include an expansive line of women's denim, casual apparel, fragrances and rejuvenating cosmetics. OBJE President and CEO Robert Federowicz said Monday that a distribution agreement with Beautyfresh would represent the first step in the company's plans to organize a worldwide network of licensed distributors designed to market the company's jeans and lifestyle products to fashion consumers on every continent.
"China and Greece are only the beginning," Federowicz said. "We are working hard to build relationships with distributors across the globe to make Obscene Jeans a true force in the international style community. We expect to reach agreements with many more distribution companies in the very near future."
Beautyfresh is best known in China for its line of all-natural luxury soaps made using Greek olive oil and other beauty products. According to the letter of intent, the company will have a due diligence period of 30 days to present OBJE with a proposed import/export and distribution plan.
In the meantime, Federowicz is focused on presenting a sneak peek at Obscene Jeans' new denim line in Las Vegas on May 4. There, designer Rachel Stark-Cappelli will unveil OBJE's fabulous and radical coupling of high-fashion denims and eye-popping metallic mesh crafted to accentuate the female form as no other jeans dare.
"We think the women of the world are ready for bold new designs that incorporate incredible new textures into the hottest denim styles to create a fuller sensory experience," Federowicz said. "Las Vegas will get the first look, but hardly the last. Our goal is nothing short of world domination."
Obscene Jeans produces eye-popping denim fashions for the world's sexiest women. The company competes in the fashion sector alongside True Religion Apparel, Inc, Phillips-Van Heusen Corp, Hanesbrands Inc and Polo Ralph Lauren Corp.
Obscene Jeans (OBJE) is an OTCQB publicly traded company. OTCQB is the middle tier of the OTC market. OTCQB companies report to the SEC or a U.S. banking regulator, making it easy for investors to identify companies that are current in their reporting obligations. OBJE is a progressive lifestyle and apparel company dedicated to developing forward-thinking fashion trends and lifestyle accessories.
POST: 2024-11-25
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