Universal Media Holdings completes acquisition of Lyric Jeans
28 Mar '06
2 min read
The acquisition of Lyric Jeans Inc by Universal Media Holdings Inc has been completed. In relation to the acquisition the company has changed its name to Lyric Jeans Inc and is now trading under the symbol LYJN.
Lyric Jeans is the innovator and manufacturer of premium denim wear characterized by a cutting-edge design strategy that is inspired by music and song lyrics. Through this unique fusion of fashion and music, the company utilizes titles from all genres of music as inspiration for the brand, thereby appealing to a cross-section of various tastes and interests and enabling it to market its products on a worldwide platform.
Hanna Rochelle Schmieder, President of Lyric Jeans, said, "We are in a unique position to do something first in the market by bringing together music and fashion in a really groundbreaking way."
"Lyric Jeans aren't just a 'must have' item, they are a lifestyle and a way for people to express themselves stylishly through their favorite songs," she continued.
The company's strength is in its relationships with the music industry and its ability to access the Hollywood community, tastemakers and trend-setters. Through innovative marketing, the company intends to associate celebrities with its brand. Lyric Jeans will have showrooms in South Beach, Florida and Los Angeles, California.