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BRAVADA's World of Leggings store coming to Los Angeles
24
Jan '12
BRAVADA International announced that it is looking to open its third World of Leggings retail store and is providing investors Q1 and Q2 2012 revenue guidance. BRAVADA has been in substantive discussions on a new store location on 3rd Street close to The Grove Shopping Mall in Los Angeles, which is a preferred location out of two that have been picked out.

The 4000 square foot location would be its largest retail store with renovation plans and feasibility assessments already being completed. To date, retail sales at its World of Leggings retail stores have continued very strong into the first quarter of 2012 and BRAVADA is confident in each store being profitable and adding free cash flow to operations and expansion.

This third World of Leggings location would begin the first phase of expansion for 2012 that would see a select number of additional retail stores open in the Los Angeles area during the fiscal year 2012. All free cash flow from operations is being used to propel further expansion.

BRAVADA anticipates accelerated growth in the second half of 2012 as additional infrastructure is put in place to facilitate World of Leggings retail store openings at a quickened pace including investigating the feasibility of implementing a franchise program late in 2012.

In the coming weeks, BRAVADA also expects to launch WorldofLeggings.com, which will be “companion competition” to its Online Leggings Superstore, which is the online leader for women's leggings, leather leggings, fashion leggings and more.

BRAVADA International


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