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TOTAL LUXURY GROUP INC. (OTCBB: TLEI)
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Dear Reader,
Total Luxury Group Inc. (OTCBB: TLEI) released news just moments ago. It's apparel subsidiary announced the receipt of orders from Federated Department Stores, one of the nation's largest retailers, with stores like Macy's and Bloomingdales in its stable. This continues the good news surrounding this fast-growing company that just last month announced a major corporate restructuring including the spin-off of its successful apparel operations. The proposed spin-off would create a very interesting opportunity whereby shareholders of TLEI would "automatically" become shareholders of the newly-created company too - a kind of stock market "two-fer" if you will.
Please take a look at today's breaking *NEWS* (below)
and continue to follow the exciting details of this company as they are presented over the coming days and weeks
If you haven't already, please take a moment to review our StockUpTicks profile on TLEI HERE
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*Breaking* NEWS from TLEI |
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Press Release Source: Total Luxury Group, Inc.
Tuesday April 3, 6:28 pm ET
Total Luxury Group Subsidiary Y-Brands, Inc. Receives Orders From Macy's for Fall '07
NEW YORK, NY--(MARKET WIRE)--Apr 3, 2007 -- Total Luxury Group, Inc. (OTC BB:TLEI.OB - News) announced today that at least two Macy's divisions of Federated Department Stores, one of America's premier national retailers, have placed orders for its Y-Brands subsidiaries' new Type-Y label for back to school and fall 2007 deliveries.
"Federated is a very important customer and we are excited about the opportunity to develop a strategic business partnership with one of the key retailers in the industry. We have developed the Type-Y label specifically for the department store customer and it is reassuring to know that our designs, fabrications and colors are right on point," said David Berkman, president of Y-Brands, Inc. "We've designed Type-Y as a fashion-forward young men's line that will appeal to the clientele of moderate-to-better department and specialty stores."
Federated Department Stores, Inc. operates more than 850 retail stores in 45 states, the District of Columbia, Guam and Puerto Rico. There are nine retail divisions including: Bloomingdale's, Macy's East, Macy's Florida, Macy's Midwest, Macy's North, Macy's Northwest, Macy's South, Macy's West, & Macy's.com.
Dustin Jones, assistant buyer for young men's Macy's East, states, "We are excited about bringing in this trend right product. Type-Y's Fall '07 assortment has hit upon two of the key fashion trends that we have identified."
Under three distinct labels, Type-Y, Y-Chrome and YMLA, Y-Brands offers fashion-forward young men's items such as tees, hoodies, fleece, woven and knit shirts with over dye washes, patches and flocking with price points that range from $34 to $78 at retail. The line is considered "premium fashion Americanized" and it will be sold in stores such as Macy's, Bon-Ton, Carson's, Dillard's and Hot Topic. Please call (646) 254-6177 or visit www.ybrandsinc.com for more information.
About Total Luxury Group, Inc.
Total Luxury Group, Inc., which currently holds a distributorship agreement for MCM, AG, has been seeking additional opportunities within the consumer products industry, for 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. In addition, the company has entered into licensing agreements for the marks Y-Chrome, Type-Y, YMLA, Cabral and GC by Cabral.
The Company previously announced a restructuring plan that will include the spin-off of its apparel operations including its subsidiary International Apparel Group, Inc., and the registration of its shares for trading as a separate public company. Under the plan, shareholders of record on the record date of the spin-off will, in addition to their current holdings, become shareholders of the new public company.
Company President Robert D. Bonnell previously stated, "Since we are now pursuing two different business models in two different industries, we think this plan is the most viable way to maximize shareholder value."
Although the Company has not yet set a record date for the spin-off, it has announced that it will immediately begin to investigate the legal and other requirements for the restructuring, including compliance with the relevant state, federal and SEC rules and regulations. The Company is advised that the restructuring and registration process could take as long as 6 - 12 months or more before completion, based on the legal requirements for shareholder, state and federal approval, SEC approval and SEC effectiveness. The record date will be set and announced in accordance with the corporate laws of Indiana and the Company's by-laws.
Except for historical information contained herein, the matters discussed in this press release contain forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended that involve substantial risks and uncertainties. When used in this press release and in any documents incorporated by reference herein, the words "expects," "will" and similar expressions identify certain of such forward-looking statements. Actual results, performance, or achievements could differ materially from those contemplated, expressed, or implied by the forward-looking statements contained herein. These forward-looking statements are based largely on the expectations of management and are subject to a number of risks and uncertainties that are subject to change based on factors which are, in many instances, beyond the Company's control. These include, but are not limited to, risks and uncertainties associated with: the impact of economic, competitive, and other factors affecting the Company and its operations; and other risk factors. TLEI cautions that the foregoing factors are not exclusive. TLEI assumes no obligation to update the information contained in this press release.
Contact:
Company Contact:
Total Luxury Group, Inc.
11900 Biscayne Blvd.
Suite 620
Miami, FL 33181
Janon Costley
(305) 892-6744 ext. 11
Source: Total Luxury Group, Inc.
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About Total Luxury Group |
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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 . Total Luxury Group through its subsidiary International Apparel Group, Inc., also engages in the manufacture and sale of apparel to retailers and distributors worldwide. Total Luxury Group is based in New York City.
For the first time at the MAGIC Apparel Show in Las Vegas (February 12-16, 2007), all five divisions of TLG were shown at the same place at the same time. Not only did this show the depth of strength of TLG, but the company launched a multi-dimensional booth that displayed TLG's multiple lines to retailers and the best styles of each clothing line. Total Luxury Group is currently working with buyers in the young men's and menswear classifications, as well as street-wear and collections, while continuing to develop additional product categories and licenses."
 

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Recent News From TLG |
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Press Release Source: American Basketball Association, Inc.
Monday March 19, 10:13 am ET
The American Basketball Association (ABA) and International Apparel Group, Inc.,
Announce Plans for the Creation of ABA Apparel
Officially Licensed Apparel Lets Fans 'Join the Game'
INDIANAPOLIS, March 19 /PRNewswire-FirstCall/ -- The American Basketball Association (ABA) (OTC Bulletin Board: ABKB - News) today announced that it has signed a letter of intent with International Apparel Group, Inc. for the creation of ABA Apparel, LLC. The professional basketball league is fostering this partnership in order to capitalize on the rapid expansion of the ABA, its increased globalization efforts and the new status of the league as a publicly traded entity.
ABA Apparel will have the exclusive rights for the development of ABA on- and off-court team apparel and retail merchandise. ABA Apparel is designed to enable the league to maximize its profitability in an area that has been extremely successful for other professional sports leagues including retail sales of licensed apparel. It should also allow the league to create uniformity, consistency and create the potential for revenue sharing with its member teams.
The ABA anticipates that an estimated 60 plus teams will be playing in the US, Canada and Mexico for the 2007-2008 season and it expects the league to grow to its target of 100 teams over the next 4-5 years.
To read the complete release and disclaimer, Click Here.
Press Release Source: Total Luxury Group, Inc.
Thursday March 8, 4:14 pm ET
Total Luxury Group, Inc. Acquires Cono Italiano, LLC and Master License
Rights for Konopizza North America -- the Next Fast Food Craze
NEW YORK, NY--(MARKET WIRE)--Mar 8, 2007 -- Total Luxury Group, Inc. (OTC BB:TLEI.OB - News) announced today that it has acquired Cono Italiano, LLC and the Konopizza Master license rights for North America.
Konopizza is a very innovative format, invented in Italy in 2004. It is a slice of pizza that is cone-shaped much like an ice cream cone. Konopizza offers the convenience of eating on the move while still giving the taste one would expect from a pizza. The drip free cone is an ideal meal for any occasion whether for those on the go such as a sporting event, outdoor event, in the car, or at a fast food restaurant.
Konopizza holds several International and U.S. patents pending on both the design and the cone process. Made from sour dough rather than traditional pizza dough, Konopizza contains just (8%) eight percent fat, is easy to eat, drip free, filling but light.
To read the complete release and disclaimer, Click Here.
Press Release Source: Total Luxury Group, Inc.
Tuesday March 6, 4:14 pm ET
Total Luxury Group, Inc. Announces Plans
for Spin-Off of International Apparel Group, Inc. and All Apparel Operations
NEW YORK, NY--(MARKET WIRE)--Mar 6, 2007 -- Total Luxury Group, Inc. (OTC BB:TLEI.OB - News) announced today that its board of directors has unanimously approved a plan to restructure the company, which will include the spin-off of its apparel operations including its subsidiary International Apparel Group, Inc., and the registration of its shares for trading as a separate public company. Under the plan, shareholders of record on the record date of the spin-off will, in addition to their current holdings, become shareholders of the new public company.
The new apparel company will include all of the existing apparel and accessory operations including MCM, YMLA, Y-Chrome, Cabral, Hukapoo, and private label business. In addition, management of Total Luxury Group, Inc. is actively pursuing an acquisition opportunity for its ongoing operations, which may be a prerequisite to effectuation of the plan. The Company plans to announce an acquisition on Thursday, March 8, 2007.
The Company's subsidiary International Apparel Group, Inc. is currently forecasting over $1.5 million in sales for the fall season and could very well exceed those numbers based on recent developments. The new structure will allow International Apparel Group, Inc. to grow independently at an increased pace consistent with market demands.
"Since we are now pursuing two different business models in two different industries, we think this plan is the most viable way to maximize shareholder value," stated Company President Robert D. Bonnell
Although the Company has not yet set a record date for the spin-off, it has announced that it will immediately begin to investigate the legal and other requirements for the restructuring, including compliance with the relevant state, federal and SEC rules and regulations. The Company is advised that the restructuring and registration process could take as long as 6 - 12 months or more before completion, based on the legal requirements for shareholder, state and federal approval, SEC approval and SEC effectiveness. The record date will be set and announced in accordance with the corporate laws of Indiana and the Company's by-laws.
To read the complete release and disclaimer, Click Here.
Press Release Source: Total Luxury Group, Inc.
Thursday March 1, 6:00 am ET
Total Luxury Group, Inc. Teams With SEREC for Fulfillment,
Warehousing and Distribution Services
NEW YORK, NY--(MARKET WIRE)--Mar 1, 2007 -- Total Luxury Group, Inc. (OTC BB:TLEI.OB - News) announced its new partnership with SEREC(TM) 3rd Party Logistics, a 45-year-old logistics firm that started by providing services for Sears Roebuck & Co. and has now grown into providing solutions for other major retail operations such as Trader Joe's, Target, and JCPenney as well as apparel manufacturers such as Adidas, Nike, LA Gear and Wilson. Under the agreement, SEREC will manage all warehousing and fulfillment requirements for Total Luxury Group's apparel division.
"If you are doing business in today's retail marketplace, distribution, fulfillment, replenishment and EDI requirements are considered the most vital elements of your chain of distribution and they are always areas of great concern," states Janon Costley, COO of Total Luxury Group. "This holds especially true for our subsidiaries that are shipping to national specialty store chains, major department stores and mass retail outlets, which have increasingly stringent shipping requirements. Late deliveries, mislabeled shipments and other non-compliance issues can cost a company tons of money in charge-backs. That is why it is especially important to have a partner, such as SEREC, that you can trust and has a proven track record with years of experience in providing services for clients who ship to these various retail outlets."
SEREC, which is based in City of Industry, California, was founded on April 1, 1964 as a phonograph-LP distributor for Sears Roebuck & Co. Since that time, they have grown from a 20,000-square-foot facility, into a multi-facility, state-of-the-art hub that offers an array of distribution, warehousing and fulfillment options. The company's 45+ years of experience in the industry have allowed for a historical evolution that has enabled tremendous internal growth by providing solutions for great retail outlets such as Trader Joe's and Sears and to major apparel manufacturers, such as Adidas, Nike, LA Gear and Wilson.
To read the complete release and disclaimer, Click Here.
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Financial Highlights For TLEI |
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Recent Trade: 0.13 (4-03-07)
52wk Range: 0.10 - 1.05
Avg Vol (50-day): 242,300
Market Cap: 5.23 Mill (approx)
Fiscal Year Ends: 31-Dec
Most Recent Quarter (mrq): 30-Sep-06

Chart Provided By BigCharts.com
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TO CONTACT TOTAL LUXURY GROUP |
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Total Luxury Group Inc.
11900 Biscayne Blvd., Suite 620 Miami , FL 33181
Phone: 305-892-6744 - to visit the TLG Web Site: Click Here
International Apparel Group, Inc. - Miami, FL
Janon Costley - (305) 892-6744
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