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Naples Soap Company Completes Repairs and Reopens Southwest Florida Stores

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Naples Soap Company (OTC PINK: NASO) has reopened its stores in Southwest Florida after hurricane damage, except for the Sanibel location. The Fifth Avenue Naples store and the Tin City location reopened before Thanksgiving, while the Downtown Fort Myers store reopened on December 5, 2022. Founder and CEO Deanna Wallin expressed excitement about the reopening just in time for holiday sales, noting that November and December are peak months. The company has introduced a wide range of holiday merchandise to attract shoppers.

Positive
  • Stores reopened in time for peak holiday shopping season.
  • Successful repair and restocking of stores following Hurricane Ian.
  • Introduction of extensive holiday merchandise, potentially boosting sales.
Negative
  • Sanibel location remains closed indefinitely.

NAPLES, Fla.--(BUSINESS WIRE)-- Naples Soap Company, Inc (OTC PINK: NASO), a health and wellness brand that offers high-quality skin and hair care products, is pleased to report that their stores in Southwest Florida, with the exception of Sanibel, have been repaired and reopened. “It has been a whirlwind to clean, repair and restock our damaged stores, but we’re thrilled to be open again just in time for holiday shoppers,” said Deanna Wallin, Founder and CEO of Naples Soap Company.

Two stores in Naples, one in Fort Myers and one in Sanibel were flooded with storm surge waters from Hurricane Ian. The Company reopened the 5th Avenue Naples store at the end of October. The store in Tin City reopened just before Thanksgiving in November, and Downtown Fort Myers reopened today, December 5, 2022. “November and December are our biggest months, so we rallied our friends, family, Soap Squad and vendors to help us get these stores back open,” Wallin went on to say. “We created a really fun, welcoming, holiday atmosphere in our stores to help get people’s minds off storm repairs and clean-up. Customers will be greeted by giant pastel nutcrackers and cheerful holiday music, and they’ll find our biggest roll out of holiday merchandise in our history. We have an extensive collection of stocking stuffers, gift sets, holiday décor and more to meet every budget.”

Southwest Florida Store Locations:

Fifth Avenue South, Naples: 614 Fifth Avenue South Naples, Florida 34102, (239) 302-6909
Tin City, Naples: 1200 Fifth Avenue South, Suite 102 Naples, Florida 34102. (239) 352-7627
Historic River District of Fort Myers: 2273 First Street Fort Myers, Florida 33901, (239) 226-9005
Coconut Point of Estero; 23191 Fashion Drive, Suite 102 Estero, Florida 33928, (239) 949-5566

The Company’s store on Sanibel will remain closed for the foreseeable future.

About Naples Soap Company

Founded in 2009 by Deanna Wallin, Naples Soap Company is a supplier of more than 300 bath, body and personal care products that are made in the USA. Products are sold at the Company’s nine retail locations in Florida. Naples Soap Company products are sold online from the Company’s website at www.naplessoap.com, through other DTC (direct-to-consumer) channels such as Amazon.com and in more than 300 boutiques, spas and stores throughout the United States via the Company’s wholesale division. For more information about Naples Soap Company, visit www.naplessoap.com.

Forward-Looking Statements

This press release contains certain forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended and Section 21E of the Securities Exchange Act of 1934, as amended. All forward-looking statements are subject to uncertainty and may not come to fruition. Readers are cautioned not to place undue reliance on any forward-looking statement including statements that list numbers and dates.

Deanna Wallin, Founder and CEO

investorrelations@naplessoap.com | (239) 325-8263

Source: Naples Soap Company

FAQ

When did Naples Soap Company reopen its Fort Myers store?

Naples Soap Company's Downtown Fort Myers store reopened on December 5, 2022.

Is Naples Soap Company affected by Hurricane Ian?

Yes, several stores were flooded due to Hurricane Ian, but most have since reopened.

What is the stock symbol for Naples Soap Company?

The stock symbol for Naples Soap Company is OTC PINK: NASO.

Which locations of Naples Soap Company are currently open?

Currently, stores in Naples and Fort Myers are open, except for the Sanibel location.

What type of products does Naples Soap Company offer?

Naples Soap Company offers a variety of high-quality skin and hair care products.

NAPLES SOAP COMPANY INC

OTC:NASO

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11.20M
60.17%
Household & Personal Products
Consumer Defensive
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United States of America
Fort Myers