IRVINE, Calif., March 9, 2007 (PRIME NEWSWIRE) -- "A unique occurrence for any company, let alone a fashion company, has occurred," stated SmallCap Sentinel analyst D.R. Clark. "And now, investors in one public company will find themselves vested in two separate publicly traded vehicles in two potentially lucrative markets."
"This week, Total Luxury Group Inc. (OTCBB:TLEI) announced that it will spin-off its successful apparel operations into a separate publicly traded company and that it has acquired Cono Italiano, LLC and the Konopizza Master license rights for North America. In doing so, investors of today's TLEI will automatically become shareholders of the future apparel spin-off while retaining ownership in TLEI and its Konopizza business," stated Clark.
A comprehensive report focusing on Total Luxury Group Inc. and the fashion industry has been published by StockUpTicks.com and is available free of charge to the general public.
The report will feature detailed information regarding TLEI and address related companies including Guess?, Inc (NYSE:GES), American Eagle Outfitters, Inc (NYSE:AEO), and Gap Inc.'s (NYSE:GPS).
To view the report in its entirety, please visit:
http://stockupticks.com/profiles/2-23-07.html
Total Luxury Group, Inc., ("TLG") ("TLEI") currently holds numerous worldwide distributorship agreements for fashion makers. TLG also has an aggressive strategy for the acquisition of companies that have a proven management team and desirable products or services. In July of 2006, Total Luxury Group, Inc. acquired International Apparel Group, Inc., an apparel holding company that through its subsidiary companies manufactures and sells apparel to major retailers and distributors around the world. TLG sells MCM, GC by Garth Crabal, IAG Brands, Huk-A-Poo, Omage and Y Brands (including Castle Hill brands Y Chrome, Type P and Type Y -- previously shipped under YMLA). The company also has private label development programs with Converse, Inc and Randy Moss Clothing .
Statements herein contain forward-looking statements and are subject to significant risks and uncertainties affecting results. SmallCap Sentinel/StockUpTicks.com are properties of Market Pathways Financial Relations Inc. (MP). MP provides no assurance as to the subject company's plans or ability to effect proposed actions and cannot project capabilities, intent, resources, or experience.
All information contained herein is based upon sources believed to be reliable but no representation is made as to accuracy or completeness. This report is neither a solicitation to buy nor an offer to sell securities but is rather a paid advertisement provided for information purposes only and shouldn't be used as basis for any investment decision. MP isn't an investment advisor and this report isn't investment advice. MP has been paid twelve thousand dollars and granted two hundred sixty seven thousand restricted shares of TLEI by Total Luxury Group for preparation and distribution of this report and other advertising services over a ninety day period. This constitutes a conflict of interest as to MP's ability to remain objective in communication regarding subject companies.