Fielding Eyewear Announces Decision to Expand OptiXtras™ Product Line for Mass Market Distribution
01 Agosto 2011 - 12:00PM
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 large new line of
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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