Trading Statement (5807P)
05 Outubro 2011 - 3:00AM
UK Regulatory
TIDMHTT
RNS Number : 5807P
Hot Tuna (International) plc
05 October 2011
5 October 2011
Hot Tuna (International) PLC
("Hot Tuna" or "the Company")
Trading Update
Hot Tuna plc, a leading surf wear and street wear brand, would
like to provide an update on trading and announce a new management
appointment.
Management appointment
The board has been significantly strengthened by the appointment
of Marcus Yeoman as Non-executive Director and the promotion of
Oscar Verden to the Plc board as Brand Director. Matthew Kelly has
joined the company as Group Financial Controller and Operations
Manager. Matthew will make significant contribution to the
management team, and allow Geoff O'Connell to focus on important
international developments.
UK
The e-commerce website successfully went live on 22(nd)
September www.hot-tuna.com. The company has a PR, marketing &
social media campaign now being rolled out, aimed at the 15-25 year
old market. The new autumn range will be added to the collection on
line this month. Amazon has placed a bulk order for delivery in
October which is 30% up on last season.
Europe
The new UK website allows prices to be seen in Euros and offers
a delivery service throughout the EU. We have a new distributing
partner in Denmark, who has secured some orders for delivery in
spring 2012.
Australia/New Zealand
Geoff O'Connell is in the final stages of completing a
distribution agreement with a major international trading company
which already represents a number of top global clothing brands
throughout Australia and New Zealand. Meanwhile our sales to
existing customers in the region in the first three months of this
financial year are more than double that of the same period last
year. We will be launching an e-commerce website to serve the
Australia market in November.
USA
Having generated minimal sales in the USA over recent months, we
are restructuring our operation in the country. In line with Group
strategy worldwide we are negotiating new distributor agreements
with potential partners in the USA, and expect to have signed deals
in place early in the New Year. We will activate a price conversion
to $US on our UK website in December.
Other international markets are being actively pursued with our
priority being South East Asia.
Final results for the year ended 30 June 2011 will be announced
in December.
Enquiries:
Hot Tuna (International) PLC Tel: 020 7440 0644
Geoff O Connell
Pelham Bell Pottinger Tel: 020 7861 3885
Lucy Frankland / Dan de Belder
Seymour Pierce Limited Tel: 020 7107 8000
Mark Percy / Catherine Leftley
Allenby Capital Ltd Tel: 020 3328 5656
Nick Naylor / Alex Davies
This information is provided by RNS
The company news service from the London Stock Exchange
END
TSTKMMGGKKKGMZG
Concha (LSE:CHA)
Gráfico Histórico do Ativo
De Jun 2024 até Jul 2024
Concha (LSE:CHA)
Gráfico Histórico do Ativo
De Jul 2023 até Jul 2024