NEWPORT BEACH, Calif.--(BUSINESS WIRE)--It’sLikeFashion.com, Inc. (“ItsLikeFashion”), a membership-only business, announced today it launched its new portal, https://www.ItsLikeFashion.com, at midnight, January 1, 2020. ItsLikeFashion will offer household name brands and luxury items ranging from apparel, bags, purses, shoes and accessories, to linens, bedding and similar items at prices discounted up to 90% off retail. Luxury and household name brands will be rotated and not featured consecutively. Sales will be conducted through “pop-up” sales locations with members receiving notification of the sale location no more than a few days prior to the event. ItsLikeFashion anticipates that each pop-up sale will be conducted over a 3 to 4-day period, as indicated accordingly in each notification.
To participate in the discounted sales, registration as a member is required and available now at https://www.ItsLikeFashion.com. Whether the pop-up sale is in your city or takes place in another part of the country, members will be able to preview items days prior to the pop-up sale. Members will be able to purchase their selections online or in person, on a first-come first-served basis, in accordance with the rules of membership. In accordance with our contract terms and conditions with the luxury brands that will be featured, memberships cannot be shared between individuals.
Every year, retailers in the U.S. send billions of pounds of unsold inventory to landfills or have them incinerated. Apparel returns in the U.S. create more than 5 billion pounds of waste each year and more than 15 million metric tons of carbon dioxide. Concerns over waste are growing as retailers bring more shoppers online, where the rate of returns is 25% compared to just 9% for in-store purchases. ItsLikeFashion.com has joined the fight to reduce the amount of excess inventory headed to landfills or incineration by providing manufacturers a more sustainable, “greener” alternative to liquidate their inventories.
For more information on sales, membership or other inquiries, please contact info@ItsLikeFashion.com.
About It’sLikeFashion.com, Inc.
It’sLikeFashion.com, Inc., is a Delaware corporation dedicated to bringing luxury and household name brand apparel, fashion accessories, linens, shoes and other textiles to consumers at greatly discounted pricing through its membership-only portal, https://www.ItsLikeFashion.com as well as branded third-party online sites in conjunction with its featured pop-up locations.
It’sLikeFashion.com, Inc., is a wholly owned subsidiary of DPW Holdings, Inc. ItsLikeFashion’s headquarters are located at 201 Shipyard Way, Suite E, Newport Beach, CA 92663.
About DPW Holdings, Inc.
DPW Holdings, Inc., the parent company of It’sLikeFashion.com, Inc. (the “Company”), is a diversified holding company pursuing growth by acquiring undervalued assets and disruptive technologies with a global impact. Through its wholly as well as majority-owned subsidiaries and strategic investments, the Company provides mission-critical products that support a diverse range of industries, including defense/aerospace, industrial, telecommunications, medical, crypto-mining, and textiles. In addition, the Company owns a select portfolio of commercial hospitality properties and extends credit to select entrepreneurial businesses through a licensed lending subsidiary. The Company’s headquarters are located at 201 Shipyard Way, Suite E, Newport Beach, CA 92663; www.DPWHoldings.com.
Forward-Looking Statements
This 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. These forward-looking statements generally include statements that are predictive in nature and depend upon or refer to future events or conditions, and include words such as “believes,” “plans,” “anticipates,” “projects,” “estimates,” “expects,” “intends,” “strategy,” “future,” “opportunity,” “may,” “will,” “should,” “could,” “potential,” or similar expressions. Statements that are not historical facts are forward-looking statements. Forward-looking statements are based on current beliefs and assumptions that are subject to risks and uncertainties. Forward-looking statements speak only as of the date they are made, and the Company undertakes no obligation to update any of them publicly in light of new information or future events. Actual results could differ materially from those contained in any forward-looking statement as a result of various factors. More information, including potential risk factors, that could affect the Company’s business and financial results are included in the Company’s filings with the SEC including, but not limited to, the Company’s Forms 10-K and 10-Q. All filings are available at www.sec.gov and on the Company’s website at www.DPWHoldings.com.
