MIAMI BEACH, Fla.--(BUSINESS WIRE)--Inca Designs Inc. is pleased to announce growing revenues as the company continues to build its business model, shifting its focus from the retail sector to the wholesale market. The company is in the final stage of closing its doors at the Gansevoort South Beach due to unforeseen circumstances. While the hotel falls into foreclosure, Inca continues to reduce overhead allowing profit margins to grow by 50-60 percent. The company is completing the final stages of its audits and expects to be trading on the OTC BB market very soon.
Stacy Josloff commented, "Inca Designs is at the cusp of making a major impact in the industry. We are excited to make this shift back to wholesale and to introduce Inca to the international market."
About the company:
Inca Designs Inc. designs, sources and sells high fashion designer swim wear, resort wear and accessories for the wholesale market under the brand name Inca. Inca Designs produces a wide variety of designer swim wear, resort wear and accessories through strategic manufacturing partners in the US, India, Dominican Republic, China, and Southeast Asia. In addition to ongoing marketing and branding initiatives through print, internet, and broadcast channels, co-branding events with the media and other wholesalers in the US and abroad will be explored as avenues for promoting brand visibility.
FORWARD LOOKING STATEMENTS:
Certain statements in this press release are "forward-looking statements" within the meaning of the Private Securities Act of 1995. Such statements involve known and unknown risks, uncertainties and other factors that may cause results to differ materially. Such risks, uncertainties and other factors include but are not limited to new economic conditions, risk in product development, market acceptance of new products and continuing product demand, level of competition and other factors described in reports and filings with regulatory bodies.