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FBC Holding, Inc. (FBCD) Announces Strategic Collaborations, Growth Initiatives, and Plans for New Locations

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FBC Holding, Inc. (OTC PINK:FBCD), through its subsidiary Formrunner Apparel Inc., has announced strategic initiatives to expand its presence in the high-end streetwear industry. The company is in talks with NFL athletes and music artists for exclusive collection collaborations, aiming to elevate brand awareness and customer engagement. Additionally, Formrunner Apparel is exploring opportunities to expand its retail footprint beyond its flagship store, Studio 22, in Chandler, Arizona.

CEO Lisa Nelson emphasized that these partnerships will significantly expand the brand's presence and reach, serving as a stepping stone for greater growth. The company's focus on authentic streetwear culture, combined with potential new store locations, positions Formrunner Apparel for sustained growth and success in the competitive fashion industry.

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Positive

  • Potential collaborations with prominent NFL athletes and popular music artists
  • Plans to expand retail footprint with new store locations
  • Successful flagship store (Studio 22) already established in Chandler, Arizona

Negative

  • None.

News Market Reaction 1 Alert

% News Effect

On the day this news was published, FBCD declined NaN%, reflecting a moderate negative market reaction.

Data tracked by StockTitan Argus on the day of publication.

SCOTTSDALE, AZ / ACCESSWIRE / September 12, 2024 / FBC Holding, Inc. (OTC PINK:FBCD), through its subsidiary Formrunner Apparel Inc., is excited to share key updates on its continued expansion and future plans within the high-end streetwear industry. As the company moves forward, it is capitalizing on significant opportunities through collaborations, market growth, and potential new retail locations.

High-Profile Collaborations with Athletes and Artists
Formrunner Apparel Inc. is in discussions with prominent NFL athletes and popular music artists to collaborate on exclusive streetwear collections. These partnerships align perfectly with the brand's DNA, combining street culture, sports, and music to reach a broader audience. The collaborations are expected to elevate Formrunner's status within the streetwear community, driving awareness and customer engagement across various markets.

Lisa Nelson, President & CEO of FBC Holding, Inc., stated, "Partnering with top-tier athletes and artists will significantly expand our brand's presence and reach. These collaborations highlight our commitment to authentic streetwear culture and will serve as a stepping stone to even greater growth."

Expansion Plans and New Retail Locations
In addition to its growing partnerships, Formrunner Apparel is exploring opportunities to expand its retail footprint, with the potential to open additional store locations in the near future. With a successful flagship store, Studio 22, located in Chandler, Arizona, the company is considering new markets to bring its high-end streetwear offerings to a wider audience. This expansion will allow the brand to further solidify its presence in the fashion industry while increasing revenue potential.

"We are actively exploring new locations to meet growing demand," Nelson added. "Opening additional retail spaces will give us the opportunity to reach new markets and build on the strong foundation we've established."

A Bright Future for Formrunner Apparel
With its innovative designs, strategic collaborations, and potential retail expansion, Formrunner Apparel is well-positioned for sustained growth and success in the streetwear industry. Investors and customers alike can look forward to exciting developments in the months ahead as the company continues to push boundaries and expand its influence.

About Formrunner Apparel Inc.
Formrunner Apparel Inc., a wholly owned subsidiary of FBC Holding, Inc. (OTC: FBCD), is a high-end streetwear brand known for its premium quality and trend-setting designs. Based in Scottsdale, Arizona, Formrunner is dedicated to bringing fresh, innovative apparel to the streetwear community. For more information, visit www.formrunnerapparel.com.

Formrunner Apparel Inc's main website: www.formrunnerapparel.com
Formrunner Instagram: https://www.instagram.com/Formrunner
Studio 22 Instagram (Mall Location): https://www.instagram.com/studio22.az
Studio22 Main Website https://www.studio22az.com

IR Contact:
info@formrunnerapparel.com

Forward-Looking Statements
Except for the historical information contained herein, the matters discussed in this press release are forward-looking statements. Actual results may differ materially from those described in forward-looking statements and are subject to risks and uncertainties. See FBC Holding, Inc filings with OTC Markets, which may identify specific factors that may cause actual results or events to differ materially from those described in the forward-looking statements.

Safe Harbor Statement
This release includes forward-looking statements, which are based on certain assumptions and reflects management's current expectations. These forward-looking statements are subject to a number of risks and uncertainties that could cause actual results or events to differ materially from current expectations. Some of these factors include: general global economic conditions; general industry and market conditions, sector changes and growth rates; uncertainty as to whether our strategies and business plans will yield the expected benefits; increasing competition; availability and cost of capital: the ability to identify and develop and achieve commercial success; the level of expenditures necessary to maintain and improve the quality of services, changes in the economy; changes in laws and regulations, including codes and standards, intellectual property rights, and tax matters; or other matters not anticipated; our ability to secure and maintain strategic relationships and distribution agreements. The Company disclaims any intention or obligation to update or revise any forward-looking ability to secure and maintain strategic relationships and distribution agreements. The Company disclaims any intention or obligation to update or revise any forward-looking statements.

SOURCE: FBC Holding, Inc.



View the original press release on accesswire.com

FAQ

What new initiatives has FBC Holding (FBCD) announced for its Formrunner Apparel subsidiary?

FBC Holding (FBCD) has announced that Formrunner Apparel is in discussions with NFL athletes and music artists for exclusive streetwear collaborations, and is exploring opportunities to open additional retail locations beyond its flagship store in Chandler, Arizona.

How does FBC Holding (FBCD) plan to expand Formrunner Apparel's market presence?

FBC Holding (FBCD) plans to expand Formrunner Apparel's market presence through high-profile collaborations with athletes and artists, and by potentially opening new retail locations in addition to its existing Studio 22 store in Chandler, Arizona.

What is the significance of the collaborations FBC Holding (FBCD) is pursuing for Formrunner Apparel?

The collaborations FBC Holding (FBCD) is pursuing for Formrunner Apparel with NFL athletes and music artists are expected to elevate the brand's status, drive awareness, and increase customer engagement across various markets in the streetwear industry.

Where is Formrunner Apparel's current flagship store located, and what are FBC Holding's (FBCD) plans for expansion?

Formrunner Apparel's current flagship store, Studio 22, is located in Chandler, Arizona. FBC Holding (FBCD) is actively exploring opportunities to open additional store locations in new markets to meet growing demand and increase revenue potential.
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