NEW YORK, Nov. 14, 2011 (GLOBE NEWSWIRE) -- Omni Ventures, Inc. (OTCQB:OMVE.PK) announced today that its wholly owned subsidiary PRVCY Couture, Inc. has entered into the agreements to distribute the PRVCY-branded apparel and accessories in Mexico thus further expanding its network of international distributors and potential licensees. The deal with the Mexican distributor also includes certain production rights for the anticipated future diffusion brands owned or to be developed by the company.
"Learning from the experience of the major US denim companies, we believe that creating a network of international distributors early on will be key to our Int'l development and success. With the help of our newest distributor, we are particularly interested in reaching out to the millions of affluent consumers in Mexico who desire our 'casual couture born in Hollywood' marketing concept.
The Mexican distribution model will also be the steppingstone to the premium denim markets of the massively booming markets of Brazil and Argentina. Our research shows that these markets are ripe for the arrival of a new leader in high-end USA-made denim. Research has also shown that higher price points and margins are achievable in these markets due to the simple fact that they're not as saturated and ultra competitive as our domestic market. Due to the capital markets being more stable in these arenas, terms of payment and cash flow are more appealing than at home," stated Christian Wicks, President of Omni's Apparel and Accessories division.
Wicks added, "Even though our current runs for PRVCY Premium brand are exclusively produced in the USA, we believe that it may be very lucrative to use certain reliable Mexico-based manufacturers. Our distribution partners will ensure that when our additional lines under our Privacywear brand are developed, the infrastructure will be in place. Costs are not the only objective for our future diffusion lines in Mexico, we are looking at a higher level of quality control and reliability when compared to their Asian competition."
About Omni Ventures
Omni Ventures, Inc. is a versatile holding company operating in premium consumer brands development, merchandising and consumer services. The Company is working to position itself as a strategic management holding company for several subsidiaries including the ones to be established or acquired. Currently, the Company wholly owns PRVCY Couture, Inc., the casual couture apparel and accessories design, manufacturing and distribution company (www.prvcypremium.com/">www.prvcypremium.com). Management is developing several related projects in the fields of consumer goods design, manufacturing and distribution as well as consumer services. For more info, please visit www.omve.net/">www.omve.net.
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