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TradingAsket
-conference Call Recap
http://messages.finance.yahoo.com/Stocks_%28A_to_Z%29/Stocks_S/threadview?m=tm&bn=44601&tid=14003&mid=14003&tof=9&frt=2
Yahoo! Message Boards - Skins Inc. - Conf Call Recap
Okay so there was nothing gigantic about this call but I must say I think we are headed down the right path. MK was confident about the business and had great visions for the future. His ability to convey to us their strategy on choosing the best partners for the upcoming launches means a lot to me. They are not just selling to any and everyone who may want the shoes. Yes this process is slow but it seems as if they are doing it the correct way.
- August (fall) launch is going to be huge. 100 plus stores with stores in NY
- Profitable at 15 mil 4Q of 2009
- Great response on the style, packaging and feel of shoe
- Sell through at or above expectation
- Pursuing celebrities
- Advertising will increase
- Demand is increasing
- 5 mil of funding is coming
Overall the call put me a little at ease and I will be holding and adding share throughout the coming months.
TradingAsket
Build your own shoes: Skin and bones
http://money.cnn.com/2008/03/26/smbusiness/skin_and_bones.fsb/index.htm
Build your own shoes: Skin and bones - Mar. 27, 2008
Five years later, an entrepreneur's vision of a new shoe concept hits 100 retail stores.
By Ian Mount
Last Updated: March 27, 2008: 11:55 AM EDT
(FORTUNE Small Business) -- Mark Kline is nothing if not patient: After 5½ years of R&D, five rounds of funding, and one reverse merger, he has finally rolled out his footwear dream, Skins, in 100 stores.
"I'm like the poster boy for bootstrapping," Kline jokes.
The idea for the shoes is that customers buy one set of "bones" (made-to-measure insoles) to be interchanged with a variety of soft, collapsible "skins" (uppers and outer soles) to create several stylish looks on one comfortable base. Certainly makes packing easier.
And enduring such a long wait turned out to be a positive: Except for Crocs (CROX), the shoe market saw few hits in 2007.
"Consumers got frustrated because there was nothing new," says Marshal Cohen, chief analyst at market research firm NPD Group.
Kline predicts 2008 revenues between $6 million and $10 million, and profitability during the first half of 2009. To top of page
TradingAsket
Skins Now in Stores!
http://biz.yahoo.com/bw/080424/20080424005962.html?.v=1
NEW YORK--(BUSINESS WIRE)--Skins Inc. (SKNN), a developer of a revolutionary, patented, two-part interchangeable footwear structure, today announced that the Skins 2008 Spring/Summer Collection is now available in the stores. The Collection is the first to showcase the new and improved “Bone”, a result of extensive consumer feedback, research and development. Based on vigorous Pre-sales the Company is anticipating high demand for the product.
The following stores are now stocked with Skins Footwear or will be stocked by this Friday. The Company will be shipping to a host of additional stores over the coming weeks including several in the New York area. Please see our website for details.
Footwear Etc.: San Diego, San Mateo, San Carlos, Los Altos, Palo Alto,
San Jose and Cupertino
Sportie L.A.: 2 stores in Los Angeles
Walking Shoe Shop: Tallahassee
Zelda's Shoe Bar: Portland
Battaglia: Miami and Aventura
City Soles: 2 stores in Chicago
John Pickens Clothier: Shreveport
Shoe Biz: 2 stores in San Francisco
Casserd Shoes: San Francisco
Summerlin Shoes: Las Vegas
Littles of Pittsburgh: Pittsburgh
James Davis: Memphis
Saxon Shoes: Richmond, Virginia
The Shoe Market: Greensboro
David Parker Shoes: Franklin, Tennessee
Kian Matthew: Englewood, New Jersey
Island Shoes: Pawleys Island, South Carolina
Lorin: Santa Monica
Step Shoes: Santa Monica
Hawley Lane Shoe: Shelton, Connecticut
Mark Klein, President and CEO of Skins Inc., said, “From day one, our strategy was to launch our Spring/Summer Collection to a select group of high-end retailers in the U.S. It has been a demanding process but we have achieved this goal today. We are very excited to be able to showcase Skins to such a progressive, fashion forward retail audience.”
TradingAsket
Skins 2008 Spring/Summer Collection
http://biz.yahoo.com/bw/080319/20080319005998.html?.v=1
Skins 2008 Spring/Summer Collection Now Available for April Deliveries: Financial News - Yahoo! Finance
NEW YORK--(BUSINESS WIRE)--Skins Inc. (SKNN), a developer of a revolutionary, patented, two-part interchangeable footwear structure, today announced that the Skins 2008 Spring/Summer Collection will be delivered to 45 retail “doors” by mid April and 100 retail “doors” by June. The Collection is the first to showcase the new and improved “Bone”, a result of extensive research and development, allowing Skins to evolve into a revenue-generating Company.
The Company also announced today that it has recently completed a $705,000 financing. Mark Klein, President of Skins asserted, “The funds were largely raised by management, staff and original shareholders and I would like to take the opportunity to thank all those who participated and continue to have faith in the new product. We are very appreciative and look forward to rewarding their patience.”
Both the Men’s and Women’s Collections are offered in an array of styles and colors and can be viewed on the Skins website. The new footwear was broadly tested by a diverse focus group who gave resounding praise for both style and comfort, prompting management to hire an additional 5 person sales team.
Pre-selling is available online now with select retailers including, Footwear etc., (http://www.footwearetc.com) and Sportie LA (http://www.sportiela.com). Elie Monarch, Owner of the Footwear Etc. stores claims, “Skins Spring/Summer Collection is an exciting new line ranging from sophisticated to chic, all embodying the essence of the Season.” Isack Fadlon, Owner of the Sportie LA stores added, “We have always had a passionate Skins following but with the improvements they have made to the comfort of the shoes and the great, fresh new look they are unveiling, we expect they will be in very high demand.”