FBC Holding, Inc. (FBCD) Announces Distribution of High-End Clothing Brands
FBC Holding, Inc. (OTCPINK:FBCD) announces the launch of its second retail location, Hyperviolent, at Fashion Square Mall, Scottsdale, Arizona, distributing high-end streetwear brands including A Bathing Ape, Chrome Hearts, and Revenge. CEO Lisa Nelson highlighted impressive revenue growth linked to these brands. The global apparel market, valued at $1.5 trillion in 2021, is projected to reach $2 trillion by 2026, indicating strong demand for clothing. FBC Holding aims to expand its retail presence further.
- Successful launch of second retail location, Hyperviolent, enhancing brand distribution.
- Strong revenue growth observed from high-demand streetwear brands.
- Expansion plans indicate growth potential in retail presence.
- None.
SCOTTSDALE, AZ / ACCESSWIRE / April 21, 2022 / Today FBC Holding, Inc. (OTCPINK:FBCD) through its wholly owned subsidiary, Formrunner Apparel Inc. is pleased to announce that the company is beginning to distribute High-End Clothing brands at its 2nd retail location Hyperviolent in Fashion Square Mall Located in Scottsdale, Arizona.
FBC Holding, Inc. is always trying to stay ahead of the game and recently has been connecting with big key wholesalers to elevate the company's revenue as well as being able to bring the latest fashion to the table for customers. The brands the company is currently pushing out at an extremely fast rate are A Bathing Ape, Chrome Hearts, & Revenge. President & CEO Lisa Nelson states "For those that don't know, these are very popular brands on the streetwear market, and they have been flying off the shelves as fast as we put them up!" Lisa Nelson also stated, "The amount of revenue we have seen since bringing these brands in is overall outstanding and we couldn't be any more satisfied with the connections we have made over these past couple of months!" Hyperviolent carries tons of brands and blends in Formrunner Apparel into the mix to provide such a variety of taste when it comes to clothing. In other news, FBC Holding, Inc. is still looking to pursue additional retail locations and will keep the public informed moving forward.
The apparel market encompasses every kind of clothing, from sportswear to business wear, from value clothing to statement luxury pieces. After difficulties in 2020 during the coronavirus pandemic, when sales across the apparel industry took a hit, the global demand for clothing and shoes is set to rise again. The revenue of the global apparel market was calculated to amount to 1.5 trillion U.S. dollars in 2021 and was predicted to increase to approximately two trillion dollars by 2026. The countries that account for most of this apparel demand are the United States and China, both generating higher revenues than any other country.
About Formrunner Apparel Inc.
Formrunner Apparel Inc. is a wholly owned subsidiary of FBC Holding, Inc. Formrunner Apparel Inc. carries a variety of Top-Notch Streetwear & Accessories located in Scottsdale, Arizona. Formrunner can be viewed and purchased on the Company's website at www.formrunnerapparel.com
Formrunner Apparel Inc's main website at www.formrunnerapparel.com
Twitter: https://www.twitter.com/FormrunnerTM
Instagram: https://www.instagram.com/Formrunner
Instagram (Mall Location): https://www.instagram.com/Hyperviolentaz
Hyperviolent Main Website https://www.hyperviolent.com
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Forward-Looking Statements
Except for the historical information contained herein, the matters discussed in this press release are forward-looking statements. Actual results may differ materially from those described in forward-looking statements and are subject to risks and uncertainties. See FBC Holding, Inc filings with OTC Markets, which may identify specific factors that may cause actual results or events to differ materially from those described in the forward-looking statements.
Safe Harbor Statement
This release includes forward-looking statements, which are based on certain assumptions and reflects management's current expectations. These forward-looking statements are subject to a number of risks and uncertainties that could cause actual results or events to differ materially from current expectations. Some of these factors include: general global economic conditions; general industry and market conditions, sector changes and growth rates; uncertainty as to whether our strategies and business plans will yield the expected benefits; increasing competition; availability and cost of capital; the ability to identify and develop and achieve commercial success; the level of expenditures necessary to maintain and improve the quality of services; changes in the economy; changes in laws and regulations, including codes and standards, intellectual property rights, and tax matters; or other matters not anticipated; our ability to secure and maintain strategic relationships and distribution agreements. The Company disclaims any intention or obligation to update or revise any forward-looking ability to secure and maintain strategic relationships and distribution agreements. The Company disclaims any intention or obligation to update or revise any forward-looking.
SOURCE: FBC Holding, Inc.
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