FBC Holding, Inc. (FBCD) Announces Strategic Expan
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Posted On: 03/09/2022 1:25:51 PM
FBC Holding, Inc. (FBCD) Announces Strategic Expansion Plan
https://www.accesswire.com/692122/fbc-holding...nsion-plan
SCOTTSDALE, AZ / ACCESSWIRE / March 9, 2022 / Today FBC Holding, Inc. (OTC PINK:FBCD) through its wholly owned subsidiary, Formrunner Apparel Inc. is pleased to announce a summary regarding the company's upcoming plans along with other updates.
FBC Holding, Inc. has been working diligently on a variety of things as 2022 progresses and the company has seen significant results thus far. Formrunner Apparel is currently entertaining a couple of Professional Athletes in USA sports to become brand ambassadors for the brand. In addition, the company is also in talks with big distributors from around the world. President & CEO Lisa Nelson states "The Las Vegas Fashion Event was such a success that it brought in major revenue with distributors, retailers in high end streetwear & fashion, and a company from Saudi Arabia that wants to acquire and push our brand to a whole new level!" Lisa Nelson also states, "We couldn't be any happier with the results and we can't wait to see what the rest of this year holds for us as a whole!" In other exciting news, FBC Holding, Inc. is actively looking for a 3rd retail location in Las Vegas in the southwest area and will keep shareholders updated on all the topics discussed moving forward.
The apparel market encompasses every kind of clothing, from sportswear to business wear, from value clothing to statement luxury pieces. After difficulties in 2020 during the coronavirus pandemic, when sales across the apparel industry took a hit, the global demand for clothing and shoes is set to rise again. The revenue of the global apparel market was calculated to amount to some 1.5 trillion U.S. dollars in 2021 and was predicted to increase to approximately 2 trillion dollars by 2026. The countries that account for most of this apparel demand are the United States and China, both generating substantially higher revenues than any other country.
https://www.accesswire.com/692122/fbc-holding...nsion-plan
SCOTTSDALE, AZ / ACCESSWIRE / March 9, 2022 / Today FBC Holding, Inc. (OTC PINK:FBCD) through its wholly owned subsidiary, Formrunner Apparel Inc. is pleased to announce a summary regarding the company's upcoming plans along with other updates.
FBC Holding, Inc. has been working diligently on a variety of things as 2022 progresses and the company has seen significant results thus far. Formrunner Apparel is currently entertaining a couple of Professional Athletes in USA sports to become brand ambassadors for the brand. In addition, the company is also in talks with big distributors from around the world. President & CEO Lisa Nelson states "The Las Vegas Fashion Event was such a success that it brought in major revenue with distributors, retailers in high end streetwear & fashion, and a company from Saudi Arabia that wants to acquire and push our brand to a whole new level!" Lisa Nelson also states, "We couldn't be any happier with the results and we can't wait to see what the rest of this year holds for us as a whole!" In other exciting news, FBC Holding, Inc. is actively looking for a 3rd retail location in Las Vegas in the southwest area and will keep shareholders updated on all the topics discussed moving forward.
The apparel market encompasses every kind of clothing, from sportswear to business wear, from value clothing to statement luxury pieces. After difficulties in 2020 during the coronavirus pandemic, when sales across the apparel industry took a hit, the global demand for clothing and shoes is set to rise again. The revenue of the global apparel market was calculated to amount to some 1.5 trillion U.S. dollars in 2021 and was predicted to increase to approximately 2 trillion dollars by 2026. The countries that account for most of this apparel demand are the United States and China, both generating substantially higher revenues than any other country.
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