Home / Knowledge / News / Apparel/Garments / SUFFER signs LOI with a Chinese company
SUFFER signs LOI with a Chinese company
25
May '11
Suffer announced that the company has signed a Letter of Intent with a China based Manufacturer and Distributor with anticipated values in the millions of dollars.

Joseph Lewis, President of Suffer, stated, "The Company has been accepting orders in China for some time, and the UFC recently announced during their summit that they are spending money to promote the sport there. As China's economy continues to grow leaps and bounds we want to be part of it. MMA is very popular there."

Suffer is presently working with several retailers to arrange a product tour featuring its fight team including Frank Mir. The company expects the tour to take place sometime in the fourth quarter of 2011.

Some of the Terms of the LOI call for Suffer to allow the China based Manufacturer and Distributor the use of trademark rights related to Apparel and Fight Gear. Suffer still designs the Apparel in the United States, but the actual manufacturing and distribution would take place in Mainland China. Suffer will retain a percentage of the Gross Sales Revenue, and agrees to provide access to its athletes such as Frank Mir and Robert Drysdale.

• Suffer's Projected Annual Revenues from the China Based Company
• Use of Trademark associated with apparel (T-Shirts, Hoodies, Hats, etc)
• $30,000,000 in projected Sales -- $3,000,000 Suffers Anticipated Retained Percentage
• Use of Trademark associated with approved Fight Gear
• $5,000,000 in projected Sales -- $500,000 Suffers Anticipated Retained Percentage

Suffer is engaged in the Design, Manufacture and Distribution of fine Men's and Women's Apparel related to MMA (Mixed Martial Arts). The Company also produces a line of Fight Gear and Media related to MMA.

Suffer

Must ReadView All

Apparel/Garments | On 22nd Mar 2017

Amazon India introduces 'A-Z GST Guide' programme

Amazon India has introduced a programme called 'A-Z GST Guide' to...

Textiles | On 22nd Mar 2017

Dyeing textiles with bacteria

As an alternative to toxic synthetic dyes, scientists are exploring...

Courtesy: BCG

Apparel/Garments | On 22nd Mar 2017

Consumption in India to touch $4 trillion by 2025: Report

Consumption in India is likely to triple to $4 trillion by 2025 as...

Interviews View All

Yashiki Gumber
Sahiba Fabrics

Fabric does not restrict us from fashion trends

Sunil Kumar Sharma
Loknayak JPNSSSG Ltd

'The blend of cotton–linen yarn has high demand in the domestic and...

Abhimanyu Singh Rathore & Barbara Anna Kosiorek
Kannbar

‘Blending cultures is the true beauty of fashion, where one’s imagination...

Ashok Desai
Bombay Textile Research Association

Bombay Textile Research Association (BTRA) is a leading name in textile...

Larry L Kinn
Suominen Corporation

Larry L Kinn, Senior Vice President - Operations Americas of Suominen...

Mark Paterson
Technical Absorbents Ltd

Mark Paterson, R&D manager of Technical Absorbents Ltd talks about Super...

Yash P. Kotak
Bombay Hemp Company

One of the directors of Bombay Hemp Company, Yash P. Kotak, speaks to...

Judy Frater
Somaiya Kala Vidya

Among the many honours showered on Frater, including Fulbright and Ford...

Prathyusha Garimella
Prathyusha Garimella

Hyderabad-based designer <b>Prathyusha Garimella</b> is known for blending ...

Press Release

Press Release

Letter to Editor

Letter to Editor

RSS Feed

RSS Feed

Submit your press release on


editorial@fibre2fashion.com

Letter To Editor






(Max. 8000 char.)

Search Companies





SEARCH
March 2017

March 2017

Subscribe today and get the latest update on Textiles, Fashion, Apparel and so on.

SUBSCRIBE


Browse Our Archives

GO


eNEWS
Insights
Subscribe today and get the latest News update in your mail box.
Advanced Search