Blue Holdings' common stock on NASDAQ Capital Market
19 Apr '06
2 min read
Denim Company Blue Holdings Inc is a designer, maker and distributor of high-end fashion jeans and denim apparel announced that its common stock has been approved for listing on the NASDAQ Capital Market.
Blue Holdings Inc will commence trading on the NASDAQ Capital Market under the new ticker symbol "BLUE", effective at market opening on April 26, 2006.
Paul Guez, Chairman, Chief Executive Officer and President, said, "We are extremely pleased that our listing application has been approved. A NASDAQ Capital Market listing is a very significant milestone for our company and highlights our continued commitment to increase shareholder value. This is a major accomplishment that would not have been possible without the hard work and dedication of the entire Blue Holdings team."
Patrick Chow, Chief Financial Officer, added, "Trading on NASDAQ should help Blue Holdings expand its shareholder base and improve the liquidity of the stock, further enhancing the long-term value of the Company."
Blue Holdings Inc, directly and through its wholly owned subsidiaries, Antik Denim, LLC and Taverniti So Jeans, LLC, designs, develops, manufactures, markets, distributes and sells high-end fashion jeans, apparel, and accessories with a western flair under the "Antik Denim," "Yanuk," "Taverniti So Jeans," and "U" brands, both in the United States and internationally.
Blue Holdings currentlysells men's and women's styles and is in the process of launching a children's line. Antik Denim, Yanuk, Taverniti So, and U jeans are made from high-quality fabrics milled in the United States, Japan, Italy and Spain, and are processed with cutting-edge treatments and finishes. Blue Holdings' concepts, designs, embellishments, patent-pending pockets and great attention to detail and quality give it a competitive advantage in the high-end fashion jeans market.
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