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Nitches Inc. (OTC PINK:NICH) is a prominent apparel importer based in San Diego, California, founded in 1973. The company specializes in producing and selling men’s and women’s wholesale apparel across a diverse range of retailers, including premium and discount department stores, mass merchants, specialty chains, and independent retailers. Nitches’ product lines encompass owned brands, licensed brands, strategic distribution alliances, and private label offerings. Their portfolio includes categories such as men’s sportswear, sleepwear, loungewear, intimates, women’s outerwear, sportswear, and home décor.
Recently, Nitches has strategically pivoted towards the luxury spirits market, marked by significant milestones and partnerships. The company has announced its intention to file a Form S-1 with the U.S. Securities and Exchange Commission (SEC), aiming for an uplisting to a higher exchange like Nasdaq. This move is intended to enhance market visibility and broaden access to capital markets.
The company’s new venture, Tover Spirits, is poised to make a substantial impact in the alcohol industry. Nitches has unveiled plans for several groundbreaking products and partnerships set to launch in Q1 2024. Highlights include collaborations with leading alcoholic beverage companies, a national distributor agreement, and the introduction of premium spirits like Tover Japanese Aged Whisky through a partnership with a renowned Japanese distillery.
In 2023, Nitches made a significant debut at the Fort Lauderdale International Boat Show, showcasing its Tover Spirits brand. The brand’s dedication to quality and innovation was further reinforced by strategic design and packaging partnerships with industry leaders such as Heng Design and JocoGlass.
Looking ahead, Nitches Inc. is not only focusing on expanding its spirits portfolio but also maintaining its strong presence in the fashion industry. The company’s clothing lines have gained exposure at prestigious venues, and it continues to innovate with new designs and collections. The company’s commitment to excellence, innovation, and delivering unique luxury experiences positions it for sustained success and growth.
Nitches Inc. (NICH) announced the launch of its online stores featuring limited-edition luxury athleisure items, including 250 hoodies and caps from the "FutureMega" collection by Nick Cooper and the "Peace on Marz" line by John Lewis. Each purchase includes a non-fungible token (NFT) for digital ownership and authenticity. The items are one-time releases, promoting urgency among consumers. Nitches has partnered with ShipBob for efficient fulfillment, and the company is in discussions for future celebrity collaborations.
Nitches Inc. (NICH) has announced the completion of its Owner Verification System (OVS™) mobile app, NITCHES OVS, designed to authenticate ownership of its luxury apparel and NFTs. The app has been submitted to both Apple iTunes and Google Play stores and will be available later this month. NITCHES OVS aims to combat counterfeiting in the fashion industry, where about 20% of social media fashion products are fake. The company is also targeting other businesses to adopt its technology for protecting their brands.
Nitches Inc. (NICH) announced that celebrity influencer John Lewis will be a headline speaker at the SXSW Film Festival 2022, promoting his new brand "PeaceonMarz", powered by Nitches. The festival, held from March 11-20 in Austin, Texas, is known for showcasing creativity and innovation. John Lewis will discuss his brand's integration with NFT technology and its focus on sustainability, veganism, and a community-driven message. Nitches aims to create a long-term NFT venture with Lewis, enhancing engagement through unique Martian-themed NFTs and supporting charitable causes.
Nitches Inc. (NICH) announced plans to file a Form 10 with the SEC to uplist its stock and enhance investor visibility, following the completion of a two-year audit. This move aims to prepare Nitches as a fully reporting company, which could enable its return to major exchanges like Nasdaq. The company is also launching luxury apparel collaborations with celebrities and developing an innovative Owner Verification System to ensure product authenticity. Additionally, Nitches is exploring NFT projects linked to its clothing collections, emphasizing transparency and commitment to future shareholder updates.
Nitches Inc. (NICH) has announced the launch of its first full-scale NFT collection in collaboration with Vegan Influencer John Lewis, featuring 'PeaceOnMarz' and Martian PFPs. This initiative aims to create a community focused on promoting peace and environmental protection through digital art and collectibles. The partnership extends beyond clothing into a comprehensive NFT strategy, with plans for airdrops, charity donations, and exclusive memberships. Nitches is positioning itself as a leader in merging high-tech solutions with high-end fashion, embracing the future of Web 3.0.
Nitches Inc (NICH) announced its entry into the Web 3.0 revolution with the launch of its Owner Verification System (OVS™), a decentralized application (dApp) built on the Ethereum blockchain. The OVS dApp will allow customers to verify ownership of limited-edition clothing items and will integrate with various cryptocurrency wallets. Nitches plans to accept cryptocurrency payments, including Bitcoin and Ethereum, for its luxury apparel. CEO John Morgan emphasized the company's commitment to merging high-end fashion with cutting-edge technology to lead the industry.
Nitches Inc (NICH) announced that regression testing of its Owner Verification System (OVS) mobile app has commenced ahead of schedule, with completion targeted for March. The OVS app aims to authenticate exclusive clothing from celebrity collaborations, tackling counterfeiting in the fashion industry. The app, available on iOS and Android, features a unique QR code system for product validation. Nitches plans to license its OVS technology to other businesses. The company is developing integrated digital designs with NFT artists to enhance its luxury streetwear offerings.
Nitches Inc. (NICH) announced a partnership with ShipBob, enhancing its fulfillment and delivery services for exclusive capsule collections designed with celebrities. CEO John Morgan highlighted ShipBob's reliable and efficient supply chain capabilities, emphasizing the importance of quick and convenient shipping for an improved customer experience. Nitches is currently developing capsule collections with celebrity collaborators, including Nick Cooper and John Lewis, focusing on luxury streetwear. This collaboration aims to elevate Nitches' operational efficiency in the growing ecommerce market.
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