XWELL Advances Expansion Plan Outside the Airport with Three New Naples Wax and Skin Care Locations
14 Fevereiro 2024 - 10:00AM
XWELL, Inc. (Nasdaq: XWEL) ("XWELL" or the "Company"), an authority
in wellness solutions for people on the go, today announced that it
has signed leases to open three additional Naples Wax Center®
locations this year. The new locations will strengthen the brand’s
esthetic service foundation and enhance its retail and skin care
offerings as a growing one-stop esthetic and beauty authority.
Additionally, the Company intends to grow the Naples Wax Center
portfolio by 5-7 additional locations in the Southeastern part of
the United States during the next 12 months.
Two of the new locations announced today will
extend Naples Wax Center’s footprint in the greater Naples and Cape
Coral markets and are expected to open in the second half of 2024.
Additionally, a third location is scheduled to open in Tampa during
the third quarter of 2024, strategically expanding Naples Wax
Center’s presence in one of the fastest growing regions in the
United States.
“We’re excited to strengthen Naples Wax Center’s
already strong footprint in Southwest Florida while also extending
our presence to Tampa for the first time,” commented XWELL Chief
Executive Officer, Scott Milford. “These plans underscore our focus
on smart expansion and increasing retail revenue beyond our airport
locations. To further accelerate XWELL’s growth, we plan to
announce additional Naples Wax Center’s in both new and established
markets in the near future with a goal of bringing the Naples Wax
and Skin Care experience to customers all over.”
The upcoming openings will bring Naples Wax
Center’s retail presence to at least six locations by the end of
2024. Specifics regarding new leases and respective grand opening
details will be disclosed at a later date.
The introduction of these new locations aligns
with XWELL’s focus on accelerating out-of-airport portfolio growth.
This includes a recently announced lease agreement to open a new
XpresSpa location in New York’s Penn Station during the first
quarter of 2024. Situated in the heart of New York’s newly
revitalized PENN DISTRICT, the new tech-forward, labor-lite
out-of-airport XpresSpa will serve commuters, neighborhood locals,
and tourists with wellness-focused retail, autonomous massage, and
nail care services.
For more information and to stay updated on
XWELL's expansion journey, please visit https://www.xwell.com/.
About XWELL, Inc.
XWELL, Inc. (Nasdaq: XWEL) is a leading global
wellness holding company operating multiple brands: XpresSpa®,
Treat™, Naples Wax Center®, XpresCheck® and HyperPointe™.
- XpresSpa and its Treat brand are
leading retailers of wellness services and related products, with
34 locations in 15 airports globally.
- Naples Wax Center is a group of
upscale skin care boutiques, with three locations currently
operating.
- XpresCheck is a provider of
screening and diagnostic testing in partnership with the CDC and
Concentric by Ginkgo, conducting bio-surveillance monitoring in its
airport locations to identify new SARS-CoV2 variants of interest
and concern as well as other pathogens entering the country from
across the world.
- HyperPointe is a leading digital
healthcare and data analytics relationship company serving the
global healthcare industry.
Forward-Looking Statements
This press release may contain "forward-looking"
statements within the meaning of Section 27A of the Securities Act
of 1933, and Section 21E of the Securities Exchange Act of 1934.
These include statements preceded by, followed by or that otherwise
include the words "believes," "expects," "anticipates,"
"estimates," "projects," "intends," "should," "seeks," "future,"
"continue," or the negative of such terms, or other comparable
terminology. Forward-looking statements relating to expectations
about future results or events, including the Company’s current
plans and expectations relating to the business and operations and
future store openings for Naples Wax Center, are based upon
information available to XWELL as of today's date and are not
guarantees of the future performance of the Company, and actual
results may vary materially from the results and expectations
discussed. Additional information concerning these and other risks
is contained in the Company’s Annual Report on Form 10-K, Quarterly
Reports on Form 10-Q and Current Reports on Form 8-K, and other
Securities and Exchange Commission filings. All subsequent written
and oral forward-looking statements concerning XWELL, or other
matters and attributable to XWELL or any person acting on its
behalf are expressly qualified in their entirety by the cautionary
statements above. XWELL does not undertake any obligation to
publicly update any of these forward-looking statements to reflect
events or circumstances that may arise after the date hereof.
Media
Mike Reilly
MWW
mreilly@mww.com
XWELL (NASDAQ:XWEL)
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