Business Services Industry
Collectible Concepts Group, Inc. to Increase Retail Sales in Malls
Business Wire, June 25, 2007
DOYLESTOWN, Pa. -- Collectible Concepts Group, Inc. (OTCBB:CCNG) announced plans for an initial launch of approximately 10 specialty retail locations in malls concentrated in the Northeast and in Florida. The intent is to eventually expand nationwide. Mall sales are designed to augment current nationwide distribution channels of team, wholesale and direct response sales.
To accomplish this new transition, CCNG has retained the services of Britannia Law, a multi-unit franchise and national branding specialist. Britannia Law provides assistance in brand creation, marketing, and multi-unit development.
Paul Lipschutz, President of CCNG stated that, "Adding the branding expertise of Britannia Law will create heightened recognition and awareness of our product lines as we develop and expand our presence in shopping malls. The addition of the ten malls are projected to add $2.5 million in new revenue in the next 12 months. It is our intention to expand our mall operation nationally introducing our large array of branded sports and entertainment products."
About Collectible Concepts Group
Collectible Concepts Group, Inc. develops and markets unique licensed sports and entertainment collectible merchandise for specialty, mass retail and online distribution. Nationally recognized in direct response marketing, replica design, mass-market distribution and e-commerce marketing, Collectible Concepts and its products are renowned both for quality and authenticity. For more information, visit: www.collectibleconcepts.com or www.otcfn.com/ccng.
> Safe Harbor StatementThis press release contains 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 (the "Exchange Act"), and as such, may involve risks and uncertainties. Forward-looking statements, which are based on certain assumptions and describe future plans, strategies, and expectations, are generally identifiable by the use of words such as "believe," "expect," "intend," "anticipate," "estimate," "project," or similar expressions. These forward-looking statements relate to, among other things, expectations of the business environment in which the Company operates, projections of future performance, potential future performance, perceived opportunities in the market, and statements regarding the Company's mission and vision. The Company's actual results, performance, and achievements may differ materially from the results, performance, and achievements expressed or implied in such forward-looking statements.
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