CCGR - Collectible Concepts Group Announces Extensive Re-Orders On Its Austin Powers' Merchandise
DOYLESTOWN, Pa., Jul 22, 1999 (BUSINESS WIRE via COMTEX) -- CollectibleConcepts Group, Inc. (OTC BB: CCGR) -- an innovator and leader in the entertainment and sports collectibles industry -- has announced extensive re-orders from retail locations of its Austin Powers' merchandise, produced under license from New Line Productions Inc.
Spencer Gifts, New Line Cinema and We're Entertainment, among others, have re-ordered the Male and Female Symbol Charm Necklaces within 10 days of receiving their initial shipments.
Harry Alexander, senior vice president of marketing and sales at CCGR, stated, "This is fantastic...a 10 percent sell-through in this very short period of time is excellent. These re-orders represent more than 50 percent of the original orders from the retail locations," Alexander added.
CCGR has begun shipping additional Austin Powers merchandise, including the Swinger's License Plate, and expects to begin shipping "The Bag of SHHH"(TM) within 10 days.
Based in Doylestown, Collectible Concepts Group Inc. develops and markets licensed collectible merchandise in the entertainment and sports markets. The principals of CCGR have been trend-setters in the collectibles industry since 1982, and are nationally recognized in direct response marketing, replica design and mass market distribution. CCGR is a publicly owned company that trades under the stock symbol, CCGR (OTC BB).
Statements about the company's future expectations, including future revenues and earnings, and all other statements in this press release other than historical facts are "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995. The company intends that such forward-looking statements be subject to the safe harbors created thereby. Since these statements involve risks and uncertainties and are subject to change at any time, the company's actual results could differ materially from expectedresults.
For more information, contact Collectible Concepts Group Inc., 1600 Lower State Road, Doylestown, Pa., 18901; Phone: 215/491-1075; Fax: 215/491-1079; e-mail: info@collectibleconcepts.com, or visit the company's Web site at www.collectibleconcepts.com. |
