My sincere respect for those who have stuck with North Face. In leu of the weak stock I have been looking for other companies in the same genre as TNFI.
You might consider taking a look at "SNOW".
What do you think?
Thursday September 16, 9:32 am Eastern Time
Company Press Release
XDOGS.COM Announces an Exclusive Distribution Agreement with Berghaus, Ltd.
MINNEAPOLIS--(BUSINESS WIRE)--Sept. 16, 1999--XDOGS.COM (OTC BB:SNOW - news) announced the execution of an exclusive distribution agreement with Berghaus Ltd., www.berghaus.com, (``Berghaus') a wholly owned subsidiary of The Pentland Group, PLC, (``Pentland') the largest premium sports, outdoor and leisure apparel and footwear group in the United Kingdom.
In addition to Berghaus, Pentland owns other premium brands including Ellesse and Speedo. Further, Pentland was one of the original investors in Reebok. XDOGS will be the exclusive North American distributor for the Berghaus collection. `Berghaus is the leading manufacturer and market leader in Western Europe, of extreme and active sports apparel, equipment and accessories. We feel that our association with this premier brand will serve as the foundation of our business model. The opportunity to have an exclusive distribution agreement with Berghaus is very special, and we look forward to assisting them in building the leading worldwide premium outdoor brand,' said the Company's Chairman and Chief Executive Officer, Kent Rodriguez.
``This represents a major phase of Berghaus' future development. Berghaus has enjoyed a reputation for outdoor innovation since its foundation in 1966 and as such has a great heritage in the European marketplace. We now have an opportunity to take one of Europe's leading outdoor
performance brands into the North American marketplace. I am excited to have the opportunity to work with a truly dynamic and forward thinking partner in XDOGS,' said Berghaus President and Chief Executive Officer, Peter Smith.
XDOGS.COM is an emerging consolidator in the highly fragmented extreme and action sports industry with an emphasis on E-Commerce applications.
Forward-looking statements contained in this release are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. Certain important factors could cause results to differ materially from those anticipated by some statements made in this release. You are cautioned that all forward-looking statements involve risks and uncertainties. Among the factors that could cause results to differ materially are the following: lack of availability of financing; inability to control costs or expenses; manufacturing and distribution problems; and lack of market acceptance of the Company's products. Reference is also made to the risk factors contained in the Company's Registration Statement on Form S-3 (No. 33-80875), which are
incorporated herein by reference.
Contact:
XDOGS.COM, Minneapolis
Kent Rodriguez
Chief Executive Officer
612-359-9020 |
