NEW YORK, March 20, 2012 (GLOBE NEWSWIRE) -- Omni Ventures, Inc. (OTCQB:OMVE) announced today that its wholly-owned subsidiary, PRVCY Couture, Inc., has completed the restructuring of its senior management team, implemented new production and sales policies, as well as upgraded its operational infrastructure. These changes will insure the continued production and sales of its PRVCY Premium denim products and tops.
The corporate headquarters of PRVCY Couture, Inc., its e-commerce order implementation and certain inventory warehousing are now being deployed to its 3131 S. Broadway facility in downtown Los Angeles, CA. The move was made to facilitate its strategic brand development advisory deal with Defiance USA, Inc., an established apparel brands design, licensing and management company.
"We are very pleased with the latest developments with our Company, which included optimizing our production and distribution strategies with emphasis on e-commerce, licensing and retailing of our products, departure from certain risky acquisition projects introduced by some of our former managers, and focus on continued celebrity branding as well as expansion of the international distributors' network," said Christian Wicks, President of Omni Ventures, Inc.
Christian Wicks further stated, "The integration of our operational infrastructure with Defiance USA, owned and run by my father Christopher Wicks, allows us to efficiently utilize his well-developed office and warehousing facility, which helps us streamline our own overhead and save significant capital investment, and also gives us access to the wealth of the branding and advisory services related to development of our own network of licensees and new customers for our PRVCY Premium line of products."
Christopher Wicks added, "I am more than happy to have Christian and his new venture PRVCY Premium, work from my space at 3131 S. Broadway. I truly believe that the brand has huge potential in a market bereft of ideas for premium denim and tops. The collections I have seen have been truly quite amazing and I am very pleased as a businessman and a father that my son and I are once again working together."
About Omni Ventures
Omni Ventures, Inc. is a versatile holding company operating in premium consumer brands development and merchandising as well as 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). 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.
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The statements contained in this press release contain certain forward-looking statements, including statements regarding the company's expectations, intentions, strategies and beliefs regarding the future. All statements contained herein are based upon information available to the company's management as of the date hereof, and actual results may vary based upon future events, both within and without the control of the company's management.