Totowa, NJ, Feb. 5, 2014 (GLOBE NEWSWIRE) -- Premiere Opportunities Group, Inc http://www.premiereopportunities.com/ ( PPBL: OTCQB) is pleased to announce that it has been chosen as a distributor for the Brunello Cuccinelli line of clothing.
The Brunello Cucinelli Line of Clothing http://www.brunellocucinelli.com/en developed its origins in 1978 when Brunello Cuccinelli realized that colorful cashmere could be an important innovation within the fashion community since up until that time, cashmere was exclusively produced only in natural colors until he changed the face of Cashmere forever.
Their stores today are opened only on the most prestigious
streets of major cities in Italy and abroad and in some of the
world's most exclusive resort locations. Brunello Cucinelli
directly operated stores are in Milan, Paris, New York, Miami,
Madrid, Capri, and Saint Moritz. Its franchising boutiques are in
London, Tokyo, Moscow, Saint Petersburg, Sylt, Cortina, and Saint
Tropez and today is offered only in the most exclusive department
stores such as Saks 5thAvenue and Bergdoff
Chris Giordano, Premiere's Chairman stated "We are honored and extremely upbeat about being able to distribute this line of clothing into Korea, Mainland China and the balance of the SE Asian markets. SE Asia and Mainland China are both extremely fashion conscious people who demand the best, have the buying power and willing to spend it when they want something. The Brunello Cuccinelli Line is exactly the type of "uber fashion" that the upscale buyer in these markets are looking for in our opinion.
We now have distribution agreements for several of the worlds greatest clothing brands that do not have any presence in the SE Asia and China markets. Those brands are now inclusive of Jones NY, Kiton and Brunello Cuccinelli as well as our own joint venture brand Cabe Studio which we just expanded to 4 stores from the initial 2 stores opened in early January of 2014. We expect additional Cabe Studio store openings soon and with additional acceptance of the brand could have 15-20 stores opened before 2014 is over.
Our goal for the distribution end of our business in 2014 was to have 6-10 major brands that we distribute into both SE Asia and Mainland China on either a wholesale or retail basis where we have the ability to gernerate substantial profit margins. We are halfway to meeting that goal and it is only February. We are extremely upbeat to say the least.
We are also in late stage discussions with several other world renown designers to distribute their clothing into Mainland China and SE Asia and are hopeful to have other agreements signed shortly."
CONTACT: Chris H Giordano 973-291-8900