US Consumers Show Signs of Renewed Holiday Spending as OnlyLeggings.com Sales Rise Significantly in November with a Record Se...
21 November 2013 - 8:00PM
Business Wire
BRAVADA International Ltd. (www.OnlyLeggings.com) (Pink
Sheets:BRAV) announced today that it is seeing healthy signs that
the US consumer is beginning to increase their spending on
discretionary items as sales at its very popular OnlyLeggings.com
leg fashion website have seen significant week over week sales
growth and a much higher conversion rate as compared to that of the
summer months. The current week is tracking over 20% higher than
last week with similar metrics from the week previous to the extent
that a record setting Black Friday weekend is expected for the
women’s leggings website.
“The women’s apparel idiom has been in what has been described
as an industry recession over the last few months with consumers
pulling back aggressively on apparel purchases,” replied Danny
Alex, CEO of BRAVADA International. “Inevitably, the pent up demand
that develops can eventually ignite consumer spending which could
be what we are starting to see. During the summer months, we saw
much lower conversion rates on all of our online businesses and an
unwillingness for shoppers to make purchases. We are now seeing
much higher conversion rates as well as higher revenue per order on
a week over week basis. It is impossible to know the long-term
trend with regards to consumer spending on apparel; however, this
resurgence in consumer spending will only magnify our free cash
flow given our increased internal cost efficiencies and will auger
well for the national launch of our women’s fashion website,
VivaVuva.com.”
About BRAVADA International Ltd.
BRAVADA International owns and operates VivaVuva.com,
OnlyLeggings.com, World of Leggings Retail Stores and
WorldofLeggings.com.
VivaVuva.com is an online women’s fashion superstore offering
one of the largest selections of sexy women’s fashion from women’s
tops, sexy dresses, jumpsuits, skirts, women’s shorts, jeans,
handbags and accessories.
OnlyLeggings.com is the largest online leg fashion and leggings
superstore which includes faux leather leggings, high waist
leggings, cotton leggings, plus size leggings and bodysuits.
World of Leggings is an online and real world leggings
superstore that specializes in all styles of Made in the USA leg
fashion.
www.WorldofLeggings.comwww.OnlyLeggings.comwww.VivaVuva.com
This news release may contain statements about future
expectations, plans, prospects or performance of BRAVADA
International Ltd. that constitute forward-looking statements for
purposes of the safe harbor Provisions within the meaning of the
Securities Act of 1933 and the Securities Exchange Act of 1934, as
amended by the Private Securities Litigation Reform Act of 1995.
These forward-looking statements can be identified by phrases such
as BRAVADA "believes," "intends," "expects," "anticipates,"
"foresees," "forecasts," "estimates" or other words or phrases of
similar import. All such forward-looking statements are subject to
certain risks and uncertainties that could cause actual results to
differ materially from those in forward-looking statements.
VivaVuva is a trademark of BRAVADA International Ltd., All
Rights Reserved.
BRAVADA International Ltd.Danny Alex,
CEO323-424-4195Bravada@BravadaLtd.com
Bravada (CE) (USOTC:BRAV)
Historical Stock Chart
From Jan 2025 to Feb 2025
Bravada (CE) (USOTC:BRAV)
Historical Stock Chart
From Feb 2024 to Feb 2025