ZA Group Expects Increase in Sales and Consumer Holiday Orders
ZA Group (OTC: ZAAG) reports a surge in holiday consumer demand as Black Friday and Cyber Monday fulfillments conclude. Estimated online holiday sales for 2021 are projected to exceed $200 billion according to Adobe Analytics. The company’s subsidiary, NFID, has surpassed order expectations and anticipates continued growth year-over-year. Executives express optimism regarding sales performance and potential growth, leveraging collaborations with artists and influencers to enhance brand credibility.
- Strong holiday season sales reported by subsidiary NFID.
- Sales expectations are projected to be exceeded.
- Estimated online retail sales reaching over $200 billion in 2021.
- None.
PENSACOLA, Fla., Dec. 3, 2021 /PRNewswire/ -- ZA Group (OTC: ZAAG) a brand development company focused on acquiring direct-to-consumer (DTC) brands that deliver compelling products in fashion, street, wellness, home, active, and outdoor lifestyle sectors see an increase in holiday consumer demand.
As Black Friday and Cyber Monday order fulfillment comes to a close we look forward to updating the market with sales numbers shortly. With estimated online holiday retail sales expected to reach over
"So far the holiday season has started with a strong showing in sales from our Subsidiary NFID. I am excited to see the continuing success of sales for NFID and impressed with the growth thus far"- John Morgan
"We are excited about the potential for growth through the holiday season and beyond as we have already seen a strong acceptance and increase in customer orders. We continue to selectively collaborate with artists and influencers that bring authenticity and credibility to the brand." Commented Bill Bolander
About ZA Group
Zaag holdings is a brand development company focused on acquiring direct-to-consumer (DTC) brands that deliver compelling products in fashion, street, wellness, home, active, and outdoor lifestyle sectors. Our goal is to take these brands to the next level whether we own, license, or manage them.
Forward-Looking Statements
Forward-looking statements and risks and uncertainties discussed in this press release may contain forward-looking statements. The words "anticipate," "believe," "estimate," "may," "intend," "expect," and similar expressions identify such forward-looking statements. Expected, actual results, performance, or achievements could differ materially from those contemplated, expressed, or implied by the forward-looking statements contained herein. Forward-looking statements are subject to a number of risks and uncertainties, including but not limited to, risks and uncertainties associated with, among other things, the impact of economic, competitive, and other factors affecting our operations, markets, products, and performance. The matters discussed herein should not be construed in any way, shape or manner of our future financial condition or stock price.
View original content:https://www.prnewswire.com/news-releases/za-group-expects-increase-in-sales-and-consumer-holiday-orders-301436966.html
SOURCE ZA Group Inc.
FAQ
What is the expected growth for ZA Group's subsidiary NFID during the holiday season?
How much are online holiday retail sales expected to reach in 2021?
What company is ZA Group (ZAAG) focused on?
What collaborations is ZA Group pursuing to enhance brand credibility?
