Corduroy Surf Portland store reports successful opening days
19 Jun '07
2 min read
Podium Venture Group Inc an apparel, media, and publishing holding company in the lifestyle sports industry, announced Corduroy Surf Company's first retail location in Portland, Maine has had an opening 10 days that has surpassed initial projections and promises a bright future for the surf lifestyle boutique and gallery.
"Well after months of hard work, some missed surf sessions, and sticking to our guns when it came to the concept of this shop scheduled to be the first storefront location with others already being assessed Corduroy in Portland, Maine has proven to be well worth the effort put forth by many.
Although a very preliminary assessment, the opening 10 days have put us 10-15% over our initial projections for the Portland, Maine shop.
Our milestone for the Portland location of $300-500k in annual first-year gross sales appears well within reach which only fuels our ambition to nurture this shop while simultaneously developing the global website and the expansion of more retail locations is key urban areas.
We are not pumping our chests too hard we know we have a lot of work ahead of us but it's nice to get out of the gate with some momentum." Jim McGinley, President & CEO, Podium Venture Group Inc.