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Article: NetFlix Type ''Borrow and Return'' Retail is This Seasons Hot Property; Mastige Retailing for Prestige Designer Labels.
- Article from:
- Business Wire
- Article date:
- December 9, 2005
CopyrightCOPYRIGHT 2005 Business Wire. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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ST. PAUL, Minn. -- From Bags To Riches announced today sales for the December 1-8 period are well ahead of the company's aggressive projections. FBTR Chairman Samuel Mangiere states "December sales will surpass total December sales projections sometime in the next week. We believe we are leading the retail sector in the mastige segment that is prestige products for the masses." While company officials declined to provide specific sales numbers they stated the company is adding 100 new customers per week since November 25, 2005.
"The hottest items in the 'borrow and return' internet company are the Chloe Paddington Handbag, Coach and Louis Vuitton product lines, ...