Victory Capital Holdings subsidiary announces Reebok sales agreement
Victory Capital Holdings Corporation’s wholly owned subsidiary, L&M Resources Inc., has acquired the sales and distribution rights for the Reebok Retro Sports Tee Shirt line for all of
"This sales and distribution agreement is an important step for L&M Resources as it gives us a fresh line of products that are internationally recognised and smartly positioned in a fast growing market segment. Vintage looking apparel is hot, and we have aligned ourselves with a manufacturer that is aggressively marketing and promoting this niche," stated Martin Barrack, President of L&M Resources Inc.
L&M is conservatively forecasting $2 million in sales in these markets in the first 12 months with orders commencing in the next few weeks. L&M is further revising its first year total sales revenue upwards to $6 million.
