Fielding Eyewear Announces Decision to Expand OptiXtras™ Product Line for Mass Market Distribution
27 Julho 2011 - 2:34PM
Business Wire
Sportsquest, Inc. (Pink Sheets: SPQS) / Fielding™ Eyewear
(www.FieldingEyewear.com) OptiXtras™ (www.OptiXtras.com)
Sportsquest/Fielding Eyewear announced today they will
expand their OptiXtras™ (OPX) brand to include a plethora of new
proprietary eyewear and accessories in order to increase category
sales and overall market share across multiple distribution
channels. Until now, the only product in the OptiXtras™ line was
the OPX Clip-On NiteReader™, an OEM version of
the Fielding iBeemz™ Reader Light. The OPX NiteReader™
was initially developed for the Canadian market for the Staples®
stores. Fielding marketing execs realized early on that
their Fielding brand strategy of offering a mid-priced,
quality made product (with an Unlimited Lifetime Warranty) to
high-end sporting goods boutiques, sporting goods chains, and mega
retailers such as QVC, would limit the opportunity to find success
selling the same product(s) to the lower margin mass merchant drug
chains, office supply stores, and convenience store chains.
Fielding Eyewear Brand Manager, Jim Spangler, says,
"Whether it's a customer of QVC, Bass Pro, Cabela's, or Gander
Mountain, we'd never jeopardize the integrity of the
customer-to-retailer relationship by selling
the Fielding brand to a 7-Eleven or other mass merchant".
Spangler added, "After careful research and consideration we've
opted to expand the OptiXtras line, which already has an existing
customer base and create a comprehensive line of OPX eyewear
(sunglasses & readers) & accessories for these
mega-discounters (and direct mail catalogers) that are searching
for unique items at a commodity pricepoint”.
"When asked how the High-End Sporting Goods Stores or perhaps a
mega retailer like QVC will react to this kind of
news, Fielding President, Greg Vaughan commented: "When
we introduced the iBeemz to QVC earlier this year, we let them know
that we would be marketing both brands. In fact they selected
the Fielding brand as the best fit for their customer.
Because of the Fielding iBeemz™ debut success, they've
already re-scheduled us again for Q4 of this year". Vaughan also
offered: "While we'll continue a focus on our marketing efforts to
the 'sports-sector', we also realize the massive potential with the
drug, grocery, and variety chains. As we monitor the market
trends of the economy, we can't overlook the unique sales potential
of our patented products to the lower-margin retailers, such as the
80,000+ Convenience Stores (C-stores) in the U.S. alone." Having
previously been involved in building a multi-million dollar
“C-Store Program” for a Fortune 500 company, Vaughan gets
particularly excited about this category: “Not only will the OPX
line be a great fit for that consumer, there’s just simply so many
retail outlets in that industry. Expanding the OptiXtras/OPX brand
is simply a logical next move for our company".
Fielding also
manufactures Fielding Sunglasses, Fielding Optiflage™
Sunglasses, Mossy Oak® RX3 Shooting Glasses, Mossy Oak®
CamoReaders™,
Fielding iBeemz™, Fielding iCordz™, Fielding TIO
Microfiber Cloths™, Fielding Anti-Fog TIO-Wipes™,
and Fielding Neoprene Utility
Cases. (www.FieldingEyewear.com)
Safe Harbor: This release may contain forward-looking statements
within the meaning of the Private Securities Litigation Reform Act
of 1995. Statements contained in this release that are not
historical facts may be deemed to be forward-looking statements.
Investors are cautioned that forward-looking statements are
inherently uncertain. Actual performance and results may differ
materially from that projected or suggested herein due to certain
risks and uncertainties including, without limitation, ability to
obtain financing and regulatory and shareholder approvals for
anticipated actions.
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