Nialaya Jewelry is one of the Brands to join new e-commerce platform for socially conscious and eco-friendly products
co-founder of global enterprises such as Paul Mitchell Systems and Patron Spirits, has announced the first six brand partners for the launch and summer roll-out of the new e-commerce platform JPSelects.com: Nialaya Jewelry (June 16), Stewart + Brown clothing (June 20), L’uvalla skin care (June 21), Calleen Cordero& nbsp;footwear (June 23), Hype Clothing (June 24) and The Green Garmento “GTL” bag designed by Mike ‘The Situation’ Sorrentino (June 25). The brands join DeJoria’s new members-only online marketplace for socially conscious and eco-friendly products.
“I believe success unshared is failure. I want to share my success with good people who sell great products while promoting a sustainable future and good business practices,” explained John Paul DeJoria.
DeJoria and his wife Eloise, along with the JP Selects creative team, serve as the site’s global curators, selecting products that live up to their personal and business credo, “the best for you, better for the world.”
Nialaya Jewelry promotes healing and positive energy through its hand-crafted pearls and precious stone bead prayer bracelets; Stewart + Brown clothing features Mongolian cashmere sweaters and organic cotton dresses; L’uvalla is certified organic French skin care; Calleen Cordero artisan footwear is handmade of organic leather; Hype Clot hing is a versatile line of women’s tops, dresses and handbags that go from workday to weekend; the signature green “GTL” bag designed by Jersey Shore’s Mike ‘The Situation’ Sorrentino is a sturdy 3-in-1 duffel, laundry and garment bag made of eco-friendly material.
Membership to JP Selects is free and open to consumers via online registration. The exclusive e-mail newsletter will introduce new brand offerings, making them available via 72-hour flash sale. After the introductory offer, products will remain in their own branded online store 365 days per year. Each new brand is also represented in a short documentary-style video which makes the JP Selects marketplace uniquely personal.
A percentage of the proceeds from sales of JP Select’s brand partners’ products will go to the Grow Appalachia hunger initiative and John Paul DeJoria‘s Peace, Love and Happiness Foundation, which supports humanitarian efforts worldwide including the Food4Africa initiative, AIDS Project Los Angeles, Heal the Bay and Children’s Hospital of Los Angeles among others.
Steve Madden Completes Acquisition of Cejon
Steve Madden (Nasdaq: SHOO), a leading designer and marketer of fashion footwear and accessories for women, men and children, today announced that it has completed its acquisition of privately held Cejon, Inc., Cejon Accessories, Inc. and New East Designs, LLC (together, “Cejon”). Cejon is a market-leading designer and marketer of cold weather accessories, fashion scarves, wraps and other trend accessories.
The acquisition was completed for $30 million in cash subject to a working capital adjustment plus certain earn-out provisions based on financial performance through June 30, 2016. The transaction is expected to be immediately accretive, contributing approximately $0.07 - $0.09 in diluted EPS in its first full year under Steve Madden ownership after giving effect to the Company’s recently announced 3-for-2 stock split.
Founded in 1991 by David Seeherman, Cejon markets accessories primarily under the Cejon brand name, private labels and the Steve Madden brand name. Cejon has been a licensee of Steve Madden for cold weather and selected other fashion accessories since September 2006. Cejon distributes products to department stores, national chains, mass merchants and specialty stores. In 2010, net sales of Cejon totaled approximately $64 million (unaudited).
Edward Rosenfeld, Chairman and Chief Executive Officer of Steve Madden, commented, "The acquisition of Cejon enables us to further strengthen and expand our accessories platform. Cejon is truly a market leader in cold weather and other fashion accessories, and we believe it’s a great complement to our existing accessories business, which is primarily focused on handbags and belts. With its proven business model and substantial growth opportunities, Cejon is a great addition to our company.”
David Seeherman, Founder and Chief Executive Officer of Cejon, added, “We have had a long standing relationship with Steve Madden and are excited to begin working together in this new capacity. I’m proud of what we have built at Cejon but am convinced that the best is yet to come. I believe Cejon continues to have significant growth opportunity and am confident that Steve Madden is the ideal partner to help us reach our potential.”
About Steve Madden
Steve Madden designs, sources and markets fashion-forward footwear and accessories for women, men and children. In addition to marketing products under its owned brands including Steve Madden, Steven by Steve Madden, Madden Girl, Stevies, Betsey Johnson, Betseyville, Report, Report Signature, R2 by Report and Big Buddha, the Company is the licensee of various brands, including Olsenboye for footwear, handbags and belts, Elizabeth and James, Superga, l.e.i. and GLO for footwear and Daisy Fuentes for handbags. The Company also designs and sources products under private label brand names for various retailers. The Company's wholesale distribution includes department stores, specialty stores, luxury retailers, national chains and mass merchants. The Company also operates 87 retail stores (including the Company's three online stores). The Company licenses certain of its brands to third parties for the marketing and sale of certain products, including for ready-to-wear, outerwear, intimate apparel, eyewear, hosiery, jewelry, fragrance and bedding and bath products.
This press release contains forward looking statements as that term is defined in the federal securities laws. The events described in forward looking statements contained in this press release may not occur. Generally these statements relate to business plans or strategies, projected or anticipated benefits or other consequences of the Company's plans or strategies, projected or anticipated benefits from acquisitions to be made by the Company, or projections involving anticipated revenues, earnings or other aspects of the Company's operating results. The words "may," "will," "expect," "believe," "anticipate," "project," "plan," "intend," "estimate," and "continue," and their opposites and similar expressions are intended to identify forward looking statements. The Company cautions you that these statements are not guarantees of future performance or events and are subject to a number of uncertainties, risks and other influences, many of which are beyond the Company's control, that may influence the accuracy of the statements and the projections upon which the statements are based. Factors which may affect the Company's results include, but are not limited to, the risks and uncertainties related to the Company’s integration of Cejon as well as the risks and uncertainties discussed in the Company's Annual Report on Form 10-K for the year ended December 31, 2010. Any one or more of these uncertainties, risks and other influences could materially affect the Company's results of operations and whether forward looking statements made by the Company ultimately prove to be accurate. The Company's actual results, performance and achievements could differ materially from those expressed or implied in these forward looking statements. The Company undertakes no obligation to publicly update or revise any forward looking statements, whether from new information, future events or otherwise.
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With the fabulous design and perfect craftmanship, handbags of Louis Vuitton sell well in its ProShops all over the world. But actually, not so many people can afford them.
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Buy Burberry Online Will Save You Much Money
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