FBC Holding, Inc. (FBCD) Announces Launch on Amazon Platform
FBC Holding, Inc. (OTC PINK:FBCD) announced its launch on the Amazon platform through its subsidiary Formrunner Apparel Inc.. Starting with four styles of best-selling t-shirts, the company aims to tap into the vast online retail market. CEO Lisa Nelson highlighted the potential for increased revenue, stating that the partnership with Amazon will enable them to reach a broader customer base. The global apparel market is expected to grow from 1.5 trillion in 2021 to nearly 2 trillion by 2026, presenting significant opportunities for Formrunner.
- Launch on Amazon expected to enhance revenue opportunities.
- Initial offering includes four best-selling t-shirt styles, indicating strong market positioning.
- Partnership with Amazon provides access to a wider customer base.
- None.
SCOTTSDALE, AZ / ACCESSWIRE / May 19, 2022 / Today FBC Holding, Inc. (OTC PINK:FBCD) through its wholly owned subsidiary, Formrunner Apparel Inc. is pleased to announce that the company has initiated its launch on the Amazon Platform. The company wanted to introduce the addition of its clothing line on the shopping giant, Amazon.com for an explosive revenue opportunity as Amazon is one of the largest leading online retailers in the country.
Formrunner Apparel Inc. is going to be starting off the launch with 4 different styles of its best-selling t-shirts. These 4 products alone are expected to positively impact the clothing sector on the retail giant along with the rest of our line which include more shirts, crewnecks, sweatpants, jeans, hats & rings etc. President & CEO Lisa Nelson states, "The team has been working nonstop to get everything in motion, and we are going to be pushing out as much product as possible on Amazon moving forward now that we are approved to sell!"
Lisa Nelson also states, "We also have been working on remodeling the Formrunner & Hyperviolent website and we can't wait to deliver it to our beloved customers!"
The decision to use Amazon as a strategic partner was based upon Amazon's outstanding customer service and overall statistics over the years. Additionally, working with Amazon allows us to open new doors and reach a whole new variety of customers that we are certain will love our brand and spread it throughout the entire country. With all the clothes we have lined up, we will be able to provide to many kinds of niches and that is what truly separates us the most from other competitors.
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 bought 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
Amazon: https://www.amazon.com/sp?ie=UTF8&seller=A3UB5ZV7EZCQ0Y
IR Contact:
info@formrunnerapparel.com
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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