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Nitches Corporation Announces Expansion into the Liquor Industry with the Launch of Lifestyle of Spirits

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Nitches Corporation (OTC:NICH) has announced its expansion into the liquor industry with the launch of Lifestyle of Spirits, aimed at curating and developing unique liquor brands. CEO John Morgan emphasized the company's strategy to leverage social media influencers to boost sales, tapping into a market projected to reach $1.7 trillion globally by 2025. Dallas Foster, a liquor marketing specialist with a strong industry background, will lead this new division. Nitches aims to innovate in liquor branding and marketing, focusing on high-margin products and influencer partnerships.

Positive
  • Entry into a high-growth industry with the liquor market expected to reach $1.7 trillion by 2025.
  • Experienced leadership with Dallas Foster, known for successful brand collaborations.
  • Strategic focus on leveraging social media influencers to enhance brand visibility and sales.
Negative
  • None.

LAS VEGAS, March 22, 2023 /PRNewswire/ -- Nitches Corporation (OTC:NICH) , a global lifestyle and athleisure brand, is excited to announce the launch of Lifestyle of Spirits, a new arm of the company focused on curating and developing liquor brands. The expansion into the liquor industry is a strategic move for Nitches, as the company aims to capitalize on the growing trend of social media influencers and their impact on consumer behavior.  Disrupting the Liquor Industry with Unique and Innovative Brand Concepts

"Nitches Corporation is always looking for innovative and sustainable business opportunities outside of what is currently trending in the market," said the company's CEO, John Morgan. "With the launch of Lifestyle of Spirits, we are excited to explore the potential of the liquor industry and bring our unique approach to brand development and marketing to this new vertical."

Liquor sales in the US alone reached $29.9 billion in 2021 and the global liquor market is expected to reach $1.7 trillion by 2025. The potential for growth in the industry is immense, and Nitches is committed to identifying and developing unique and high-margin product opportunities.Introducing Dallas Foster: Liquor Marketing Specialist and Head of Lifestyle of Spirits

To lead the Lifestyle of Spirits brand, Nitches has enlisted the expertise of Dallas Foster, an experienced liquor marketing specialist with a track record of driving revenue and empowering brands. Foster has worked with celebrities and companies like LVMH, Diageo, and London Group, and has a history of creating game-changing brand concepts.

"I'm thrilled to partner with Nitches on this exciting new venture," said Foster. "With our combined expertise, we have the opportunity to disrupt the liquor industry and create truly unique and innovative brands that resonate with consumers. Being part of the founding brand architects behind Sparkling Nuvo, I had the privilege of working with a wide range of  celebrities like Eva Longoria, Rick Ross, T-Pain, Jamie Foxx, Wisin & Yandel and Farruko to name a few and will spare no effort in making this a successful venture."

The impact of social media and influencers on liquor sales cannot be overlooked. With the launch of Lifestyle of Spirits, Nitches aims to leverage its strategic partnerships with influencers and celebrities to drive sales and awareness of its new brands.

"Nitches provides a scalable way to access the future of commerce through strategic influencers," said the company's CEO John Morgan. "We believe that our long-term vision, anchored in excellence and creativity, will allow us to identify diamonds in the rough and bring them to the forefront of their respective verticals."

Nitches Corporation is committed to conducting its business with exemplary integrity and ethics and believes that its success is due to its long-term vision and commitment to excellence. With the launch of Lifestyle of Spirits, the company is excited to expand its offerings and bring its unique approach to brand development to the liquor industry.

For more information on Nitches Corporation and the Lifestyle of Spirits brand, visit https://www.Nitchescorp.com

Forward Looking Statements:This press release contains forward-looking statements. The words "believe," "may," "estimate," "continue," "anticipate," "intend," "should," "plan," "could," "target," "potential," "is likely," "will," "expect" and similar expressions, as they relate to us, are intended to identify forward-looking statements. The Company has based these forward-looking statements largely on our current expectations and projections about future events and financial trends that we believe may affect our financial condition, results of operations, business strategy and financial needs. Some or all of the results anticipated by these forward-looking statements may not be achieved. Factors or events that could cause our actual results to differ may emerge, and it is not possible for us to predict all of them. The Company undertakes no obligation to publicly update any forward-looking statement, whether as a result of new information, future developments or otherwise, except as may be required by law.

Cision View original content:https://www.prnewswire.com/news-releases/nitches-corporation-announces-expansion-into-the-liquor-industry-with-the-launch-of-lifestyle-of-spirits-301778239.html

SOURCE Nitches Corp.

FAQ

What is Nitches Corporation's new venture announced on March 22, 2023?

Nitches Corporation announced the launch of Lifestyle of Spirits, focusing on developing liquor brands.

How is Nitches Corporation planning to drive sales for its new liquor brands?

The company intends to leverage strategic partnerships with social media influencers and celebrities.

Who is leading the Lifestyle of Spirits division at Nitches Corporation?

Dallas Foster, a liquor marketing specialist with a notable track record, is leading the new division.

What market potential does the liquor industry hold according to Nitches Corporation's release?

The global liquor market is projected to reach $1.7 trillion by 2025.

What is the significance of influencer marketing for Nitches Corporation's new liquor initiative?

Nitches aims to use influencer marketing to disrupt the liquor industry and enhance product awareness and sales.

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Apparel Manufacturing
Consumer Cyclical
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United States of America
Las Vegas