Companies who have been successful in increasing brand awareness during the recession and in recent months are now seeing a boom in customers, as people can finally afford what they have been wanting for so long.
These brands are looking to further increase profits by enhancing their distribution capabilities online and by opening more stores. They are also producing more innovative and varied clothing lines. Canadian yoga-wear retailer Lululemon Athletica Inc. (NASDAQ:LULU) is currently leading the pack with flamboyant results in its most recent quarter.
Lululemon Athletica Inc. engages in the design, manufacture, and distribution of athletic apparel and accessories for women, men, and female youth in Canada, the United States, and Australia.
American Pacific Rim Issues Market Guidance on eCommerce Platform Development
American Pacific Rim Commerce Group (OTC:APRM) (www.aprcg.com), building on Revenue Guidance issued on Monday, November 1, 2010, today announced further guidance related to its proprietary ecommerce platform to be named mymyJ and the underlying methodology for its development, testing and revenue drivers.
In determining the product categories, the Company relied upon published research, internal studies and noted experts. Beta-testing of mymyJ platform is on-going and the Company anticipates launching its proprietary technology, which translates English to Mandarin and Cantonese dialects seamlessly, so Small and Medium U.S. (SME) manufacturers and producers of goods products and services can cost effectively and efficiently communicate, market and sell their goods to willing buyers in China and Hong Kong.
Stated Raymond Talarico, President, "Accordingly, given our in-depth research and analysis of the market, and where the Chinese consumers are spending their discretionary income, we have developed a focused product category lineup from which we will launch mymyJ and initiate sales to Asia." Further stated Talarico, "Given the Chinese consumers proclivity for allocating their on-line purchases in this manner, our next phase will be to finalize contracts with those quintessential U.S. brands, which strengthen our broad initiative of being the first mover in the direct-to-consumer market serving the Chinese consumer with products made in the U.S.A."
American Pacific Rim Commerce Group is a first mover in the ecommerce direct-to-consumer market focused on providing Chinese consumers access to American brands, products and services.
The Company offers Small and Medium sized U.S. Business (SME’s) transactional-based solutions; promotions, sales, logistics and currency conversion, that will establish its backbone as the leading on-line marketplace between Chinese consumers and U.S. (SME’s) sellers.
American Pacific Rim Commerce Group, a development stage company, focuses to provide an ecommerce platform to promote commerce between the U.S. small and medium businesses and Chinese businesses and consumers. It intends to offer Chinese customers an opportunity to buy Made in the USA American products from its online portal and visible platforms in China. The company is based in Citra, Florida.
Check out this Video Stock Highlight for APRM!
Inter Parfums, Inc. (NASDAQ:IPAR) recently announced that it will issue financial results for the third quarter ended September 30, 2010 on Tuesday, November 9, 2010. The results will be released after the close of the stock market.
Management will conduct a conference call to discuss financial results and business developments on Wednesday, November 10, 2010 at 11:00 am ET. Interested parties may participate in the call by dialing 201 689-8354; please call in 10 minutes before the conference call is scheduled to begin and ask for the Inter Parfums call. The conference call will also be broadcast live over the Internet. To listen to the live call, please go to www.interparfumsinc.com and click on the Investor Relations section.
Inter Parfums, Inc., together with its subsidiaries, engages in the manufacture, marketing, and distribution of various fragrances and fragrance related products primarily in the United States and Europe.
Princeton National Bancorp, Inc. (NASDAQ:PNBC), parent company of Citizens First National Bank, announced a net loss available to common stockholders of $2.232 million or $(0.67) per diluted common share ("EPS"), compared to net income to available common stockholders of $440,000 or $0.13 EPS in the third quarter of 2009.
Princeton National Bancorp, Inc. operates as the holding company for Citizens First National Bank, which provides commercial banking and trust services to individuals, businesses, and governmental bodies in Illinois.
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