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Renewable Energy & Power, Inc. (OTC PINK:RBNW) announces a $600,000 initial order for Fall Footwear, focusing on fashionable boots. The Company, through its subsidiary Lust for Life Footwear, is set to streamline manufacturing and shipping, allowing for earlier deliveries in June. New wide calf boots will be introduced, targeting a broader demographic to enhance revenue. With a projected 50% sales boost for the Fall season, Lust for Life is benefiting from its recent relationship with Brazil, enabling quick turnarounds for Spring/Summer orders.
Renewable Energy & Power, Inc. (OTC PINK:RBNW) announces that its subsidiary, Lust for Life Footwear, has successfully shipped its Spring Sandals on time despite ongoing supply chain disruptions. The company is on track for a 50% growth in shipping dollars for the year. Lust for Life will expand into men's footwear, with production expected to start in September/October 2022. They are also partnering with a Brazilian manufacturer for faster production and shipping. Anticipated sales from a new Italian brand could reach $750,000 in 2022.
Lust for Life LLC, a subsidiary of Renewable Energy & Power (OTC:RBNW), has commenced shipments of Spring 2022 sandals, anticipating $250,000 in sales during Q4 2021. The company reported $700,000 in boots and booties shipped on time between October and December 2021, predicting a three to four times increase in sales for these products in 2022. New partnerships in Mexico and Italy aim to resolve supply chain disruptions, enabling better manufacturing timelines. The management is focused on diversifying resources to support retail growth.
Lust for Life's brand, a subsidiary of Renewable Energy & Power, Inc. (OTC PINK:RBNW), is capitalizing on market changes post-pandemic by launching a new line of fashion boots for Fall 2021. With low inventory levels from the previous year, the brand plans to ship $700,000 worth of new styles to major retailers like Burlington and TJ Maxx. Additionally, the company is building its Spring collection, focusing on private label partnerships. This strategy aims to enhance its market position and capitalizes on the current retail environment.
Lust for Life LLC, a subsidiary of Renewable Energy & Power (OTC: RBNW), is revamping its website to enhance Direct to Consumer (D2C) sales amid significant retail shifts. The company aims to boost online sales by eliminating middlemen, which could lead to higher profit margins. A new social media strategy will support consumer retention. Additionally, Lust for Life is designing sustainable footwear in collaboration with a Mexican factory, targeting a growing market expected to reach $11.8 billion by 2027. This shift marks a clear departure from RBNW's previous focus on renewable energy.
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