Lot78 sees 95% increase in its Autumn/Winter Sales

NEW YORK, Dec. 11, 2014 /PRNewswire/ -- Lot78 Inc. is pleased to announce today that the Company has increased its winter sales by 95%.

Ollie Amhurst CEO of lot78 says: "We are extremely pleased with this result. We have managed to increase our wholesale sales dramatically but at the same time keep the integrity of the brand by being selective with our distribution. Our positive sales with stores and the increase in the offering of the collection has and will ensure continued healthy growth."

About Lot78, Inc.


Lot78, Inc. is a trend-setting leader in the design, marketing, distribution and sale of urban apparel – retailing under the brand name "Lot78" in five continents, including: North America, Europe, Asia, Australia, and South America.  Lot78 has been featured in US Weekly, Elle Magazine, Financial Times, Harrods Magazine, The London Evening Standard, and Grazia Magazine as an emerging global brand.  

Lot78, Inc. is quoted on the OTC in the United States of America under the symbol LOTE.OB.  For more information, please visit www.lot78.com.

Forward-Looking Statements

This news release contains "forward-looking statements," as that term is defined in Section 27A of the United States Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934.  Statements in this press release that are not purely historical are forward-looking statements and include any statements regarding beliefs, plans, expectations or intentions regarding the future.  Actual results could differ from those projected in any forward-looking statements due to numerous factors.  Such factors include, among others, Lot78's products to gain market acceptance, and the difficulties faced by an early stage retail fashion company in the competitive retail fashion industry.  These forward-looking statements are made as of the date of this news release, and the Company assumes no obligation to update the forward-looking statements, or to update the reasons why actual results could differ from those projected in the forward-looking statements.  Although the Company believes that the beliefs, plans, expectations and intentions contained in this press release are reasonable, there can be no assurance that such beliefs, plans, expectations or intentions will prove to be accurate.  Investors should consult all of the information set forth herein and should also refer to the risk factors disclosure outlined in the Company's recent current reports on Form 8-K, our annual report on Form 10-K, our quarterly reports on Form 10-Q, and other periodic and current reports filed from time to time with the Securities and Exchange Commission.

To view the original version on PR Newswire, visit:http://www.prnewswire.com/news-releases/lot78-sees-95-increase-in-its-autumnwinter-sales-300008482.html

SOURCE Lot78, Inc.

Related Links

http://www.lot78.com