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

India's garment exports up 24.93% in September 2017

Textiles | On 16th Oct 2017

India's garment exports up 24.93% in September 2017

The exports of readymade garments from India in September 2017 was...

Low GST rate on zari will generate jobs for women: SRTEPC

Textiles | On 16th Oct 2017

Low GST rate on zari will generate jobs for women: SRTEPC

There will be a rise in the employment for women with the slash in...

Consumers may suffer if no assurance to EU workers in UK

Apparel/Garments | On 16th Oct 2017

Consumers may suffer if no assurance to EU workers in UK

Consumers may suffer if the British Government does not quickly offer ...

Interviews View All

Manuj Terapanthi
Texaura

Transparent supply chain and fair trade will boost sustainable market

Top executives
Textile & apparel bodies

The decision is transformational

Kamlesh Vaghela
RK Textiles

Very few machinery manufacturers have R&D units

Harsh Shah

Established in 1956 with a small beginning, Embee today manufactures a...

Suresh P Bagrecha

Komal Texfab, founded in 1981, is into manufacturing of knitted fabrics,...

Abhishek Pachauri

Reckon Industries adapts latest systems for manufacturing from designing...

Iago Castro Asensio
RCfil Distribuciones S.L.

Iago Castro Asensio, International Business Manager of RCfil...

Marcel Alberts
Eurofibers

Coating at a fibre level is a practice not usually seen in the...

Johan Berlin
InvestKonsult Sweden AB

Investkonsult Sweden AB has been buying and selling second-hand textile...

Vaanee Bhatia
Gritstones Clothing

<div>Delhi-based Gritstones Clothing offers quality and exemplary style...

Sanjukta Dutta
Sanjukta's Studio

<b>Sanjukta Dutta</b> creates unique garments by clubbing prints of...

Rupa Sood and Sharan Apparao
Nayaab

Nayaab, an exhibition meant to celebrate Indian weaves, is in its second...

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

October 2017

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

news category


Related Categories:

Planning to Take the Leap towards
Sustainability?

Do you see sustainability as a route to business growth?

Yes No

Do you think the sustainability space has the needed tools and resources available for a business to lead change?

Yes No

Active Poll

Do you see sustainability as a route to business growth?

Yes
76.9%
No
13.8%
Skip
9.2%

Total Votes: 65

Do you think adopting a sustainable approach will be a profitable move for your business?

Yes No

Active Poll

Do you think the sustainability space has the needed tools and resources available for a business to lead change?

Yes
61.5%
No
27.7%
Skip
10.8%

Total Votes: 65

Do you want the world to know about your sustainability journey and your business’ environmental footprint?

Yes No

Active Poll

Do you think adopting a sustainable approach will be a profitable move for your business?

Yes
84.6%
No
10.8%
Skip
4.6%

Total Votes: 65

Thanks for your valuable feedback. Claim your free latest sustainability e-book.

Active Poll

Do you want the world to know about your sustainability journey and your business’ environmental footprint?

Yes
73.8%
No
12.3%
Skip
13.8%

Total Votes: 65


E-News Insight
Subscribe Today and Get the
Latest News Update in Your Mail Box.
Advanced Search