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Total Licensing, Inc. Signs Lease for New Showroom Space at 230 West 39th Street in Manhattan's Fashion District
Date : 07/14/2011 @ 9:35AM
Source : PR Newswire
Stock : Total Apparel Group (PL) (TLAG)
Quote : 0.0044 0.0004 (10.00%) @ 10:12AM
Total Licensing, Inc. Signs Lease for New Showroom Space at 230 West 39th Street in Manhattan's Fashion District
Total Apparel Group (PL) (USOTC:TLAG)
Intraday Stock Chart
Today : Thursday 14 July 2011
Total Apparel Group, Inc. ("TAG") (OTC Pink: TLAG) today announced that its wholly owned subsidiary, Total Licensing, Inc. ("TLI"), has signed a five-year lease for new showroom space at 230 West 39th Street, located in the heart of Manhattan's Fashion District. The 1,850-square-foot space on the 6th floor will serve as TLI's primary East Coast showroom for SKECHERS Time Instruments, as well as additional licensed properties.
The new lease follows TAG's recent announcement of TLI's relationship with Glamm Industries, LLC, to develop and market SKECHERS Time Instruments, which will be available in retailers throughout the United States in Fall 2011.
"We are thrilled with the new showroom at 230 West 39th Street, which offers ideal space to showcase SKECHERS Time Instruments in a prime location in the Fashion District," said Janon Costley, Chief Executive Officer, TAG.
TLI intends to move in to its new showroom in the coming weeks in anticipation of the upcoming August sales market.
Located between Seventh and Eighth Avenues, 230 West 39th Street is a 16-story, 59,488-square-foot office building. Millennium Realty Group, LLC represented TLI in the lease transaction.
About Total Licensing, Inc.
Total Licensing, Inc. (TLI) is a wholly owned subsidiary of Total Apparel Group, Inc., (OTC Pink: TLAG) (www.tapginc.com) a licensing, distribution and merchandising company focused on bringing national and international brands to the North American marketplace through strategic licensing and distribution agreements with partners who have existing brand recognition and the ability to develop, design and manufacture products. TLI is a service orientated company that handles, licensing and brand extension opportunities for new and/or existing licensed properties, brands or companies. TLI seeks to expand a given product/brands market position in the North American marketplace and thereby increase the overall value of the individual trademark. TLI recently entered into a relationship with Glamm Industries to develop and market SKECHERS Time Instruments in the United States, and potentially other select markets around the world.
CAUTIONARY STATEMENTS REGARDING FORWARD-LOOKING STATEMENTS
This press release includes forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995 and relate to future events, including, without limitation, our future financial performance. These statements involve known and unknown risks, uncertainties and other factors that may cause our actual results, levels of activity, performance or achievements to be materially different from any future results, levels of activity, performance or achievements expressed or implied by these forward-looking statements. Such forward-looking statements may be identified by terminology such as "intend," "should," "expect," "may," "plan," "anticipate," "believe," "estimate," "project" or "predict," and the negative and variations of such words and comparable terminology. You should not place undue reliance on these forward-looking statements since they involve known and unknown risks, uncertainties and other factors, which are, in some cases, beyond our control. Any forward-looking statement reflects our current views with respect to future events and is subject to these and other risks, uncertainties and assumptions. Except as required by applicable law, we assume no obligation to publicly update or revise these forward-looking statements for any reason, or to update the reasons why actual results could differ materially from those anticipated in these forward-looking statements, even if new information becomes available in the future.
Total Licensing, Inc. Signs Lease for New Showroom Space at 230 West 39th Street in Manhattan's Fashion District
Date : 07/14/2011 @ 9:35AM
Source : PR Newswire
Stock : Total Apparel Group (PL) (TLAG)
Quote : 0.0044 0.0004 (10.00%) @ 10:12AM
Total Licensing, Inc. Signs Lease for New Showroom Space at 230 West 39th Street in Manhattan's Fashion District
Total Apparel Group (PL) (USOTC:TLAG)
Intraday Stock Chart
Today : Thursday 14 July 2011
Total Apparel Group, Inc. ("TAG") (OTC Pink: TLAG) today announced that its wholly owned subsidiary, Total Licensing, Inc. ("TLI"), has signed a five-year lease for new showroom space at 230 West 39th Street, located in the heart of Manhattan's Fashion District. The 1,850-square-foot space on the 6th floor will serve as TLI's primary East Coast showroom for SKECHERS Time Instruments, as well as additional licensed properties.
The new lease follows TAG's recent announcement of TLI's relationship with Glamm Industries, LLC, to develop and market SKECHERS Time Instruments, which will be available in retailers throughout the United States in Fall 2011.
"We are thrilled with the new showroom at 230 West 39th Street, which offers ideal space to showcase SKECHERS Time Instruments in a prime location in the Fashion District," said Janon Costley, Chief Executive Officer, TAG.
TLI intends to move in to its new showroom in the coming weeks in anticipation of the upcoming August sales market.
Located between Seventh and Eighth Avenues, 230 West 39th Street is a 16-story, 59,488-square-foot office building. Millennium Realty Group, LLC represented TLI in the lease transaction.
About Total Licensing, Inc.
Total Licensing, Inc. (TLI) is a wholly owned subsidiary of Total Apparel Group, Inc., (OTC Pink: TLAG) (www.tapginc.com) a licensing, distribution and merchandising company focused on bringing national and international brands to the North American marketplace through strategic licensing and distribution agreements with partners who have existing brand recognition and the ability to develop, design and manufacture products. TLI is a service orientated company that handles, licensing and brand extension opportunities for new and/or existing licensed properties, brands or companies. TLI seeks to expand a given product/brands market position in the North American marketplace and thereby increase the overall value of the individual trademark. TLI recently entered into a relationship with Glamm Industries to develop and market SKECHERS Time Instruments in the United States, and potentially other select markets around the world.
CAUTIONARY STATEMENTS REGARDING FORWARD-LOOKING STATEMENTS
This press release includes forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995 and relate to future events, including, without limitation, our future financial performance. These statements involve known and unknown risks, uncertainties and other factors that may cause our actual results, levels of activity, performance or achievements to be materially different from any future results, levels of activity, performance or achievements expressed or implied by these forward-looking statements. Such forward-looking statements may be identified by terminology such as "intend," "should," "expect," "may," "plan," "anticipate," "believe," "estimate," "project" or "predict," and the negative and variations of such words and comparable terminology. You should not place undue reliance on these forward-looking statements since they involve known and unknown risks, uncertainties and other factors, which are, in some cases, beyond our control. Any forward-looking statement reflects our current views with respect to future events and is subject to these and other risks, uncertainties and assumptions. Except as required by applicable law, we assume no obligation to publicly update or revise these forward-looking statements for any reason, or to update the reasons why actual results could differ materially from those anticipated in these forward-looking statements, even if new information becomes available in the future.
