Brand Marvel Worldwide Consumer Products Corporation Corporate Update
21 Janeiro 2014 - 11:45AM
Access Wire
January 21,
2014
Symbol:
BMW.V
Brand
Marvel Worldwide Consumer Products Corporation (the "Company")
(TSXV symbol: BMW) is pleased to provide updates of the Company on
the following areas:
1. New Distribution
Contract
The
Company, through its wholly owned subsidiary, Beijing Marvel
Cleansing Supplies Co. Ltd. ("BMC"), recently signed a distribution
contract with a local distributor for distributing five wet wipe
products to one hundred and eight RT-Mart hypermarkets across the
provinces along the south-eastern seaboard of China. A
hypermarket is a
superstore combining a supermarket and a department store. The result is an
expansive retail facility carrying a wide range of products under
one roof, including full grocery lines and general merchandise so
as to allow its customers to satisfy all their routine shopping
needs in one trip.
RT-Mart, which is run
by Sun Art Retail Group, a venture between Taiwan's RT-Mart and
France's Groupe Auchan SA, had been crowned the top big-box
retailer in China in terms of revenue for two consecutive years
since 2011, the Chinese-language Entrepreneur Magazine has
reported. The group posted sales of more than
60 billion Renminbi (US$9.76 billion) in 2011 and 2012,
respectively, with an annual sales growth of more than 15% since
2000. Wal-Mart Stores, the world's largest retailer, has found
itself being outdone by Taiwan-based RT-Mart in China, which has
been able to offer competitive pricing, as well as more localized
items, such as live seafood for Chinese shoppers.
"This
distribution contract will help to spread out our wet wipe products
throughout the south-eastern part of China and at the same time
will substantially increase our sales revenue", said
Liao Yongliang, President of the Company.
2. Virtual
Stores
The
Company recently opened up a new virtual store with multi-language
capability for international customers outside China to purchase
our products on a wholesale basis or place OEM orders. This virtual
store, together with our factory and products, has been assessed by
an independent third party verification company for
providing comprehensive and verified
information about a company's production and trade capabilities,
which increases our creditability and
trustworthiness to the potential customers.
Together with another
two virtual stores for local Chinese customers, the Company now has
three virtual stores with the details summarized as follows:
http://yifanjjry.tmall.com - aiming at local Chinese customers
on a retail basis
http://usmarvel.cn.alibaba.com - aiming at local Chinese
customers on a wholesale basis
http://beijingmarvel.en.alibaba.com - aiming at international
customers outside China on a wholesale basis
"Together
with the new virtual store for international customers outside
China, our products are now exposed to potential customers
worldwide", said Liao Yongliang, President of the Company. "Upon
completion of the construction and renovation of the factory and
introduction of new wet wipes, liquid laundry and cleansing
products to the market in 2013, the Company aims to
increase the total sales revenue in 2014, which will result in an
improved bottom line."
About Brand Marvel
Worldwide Consumer Products Corporation ("BMW")
Brand
Marvel Worldwide Consumer Products Corporation ("BMW") is a public
company listed on the TSX Venture Exchange under the trading symbol
"BMW". Through its operating arm and wholly
owned subsidiary, Beijing Marvel Cleansing
Supplies Co. Ltd. ("BMC"), the Company
manufactures and distributes wet wipe products,
liquid disinfectant products, liquid cleansing products and liquid
laundry products in the People's Republic of China
("China").
BMC
currently produces and distributes non-woven wet wipe products,
including general, baby, man, woman, functional and hygienic, for
both domestic and international markets under the brand names
"Snowtree", "Dreamboat" or OEM orders. BMC also produces and
distributes in China liquid disinfectants, liquid cleansing
products and liquid laundry products under its own brand names or
OEM orders. BMC is a leading name in China with a national wide
distribution network on its fast moving consumer
products.
On behalf of the Board
of Directors
"Liao
Yongliang"
Liao Yongliang,
President and
Director
Cautionary Statements
Statements in this press
release other than purely historical information, including
statements relating to the Company's future plans and objectives or
expected results, constitute forward-looking statements.
Forward-looking statements are based on numerous assumptions and
are subject to all of the risks and uncertainties inherent in the
Company's business. As a result, actual results may vary materially
from those described in the forward-looking statement. Undue
reliance should not be placed on forward looking statements or
information. We do not expect to update forward-looking statements
or information continually as conditions change, except as may be
required by law.
Neither the TSX
Venture Exchange nor its Regulation Services Provider (as that term
is defined in the policies of the TSX Venture Exchange) accepts
responsibility for the adequacy or accuracy of this
release.
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