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What I am excited about is that Nexia Holdings, Inc. (OTCBB: NXHL) is picking off shoppers from big boxes!
That represents a huge trend in retail especially for fashion.
Black Chandelier currently operates four retail locations. Black Chandelier has recently opened its first concept store in the high-end shopping complex, The Gateway, in downtown Salt Lake.
I think NXHL has hit on a winning combination. They are combining shopping for high fashion by positioning their flagship store as both a tourist attraction and fashion flagship for Utah.
This marketing approach represents a tactical decision that is intended to bring in the shoppers by delivering art and curiosa in this tourist district and combining it with the abstract and fantastical clothing designs of Jared Gold.
Now, down to the financials: this store is currently operating with a sales goal of $800.00 per square foot, while the rest of the mall operates at $400.00 per square foot on average.
Black Chandelier Founder and Senior Designer Jared Gold’s recent accolades from The Salt Lake Tribune on December 29, 2007 article “Utah’s top 25 cultural power brokers” The Salt Lake Tribune provides the kind of advertising endorsement that cannot be bought.
If you have not done so yet, link to Nexia Holdings to dial into the hype and power of this rising designer.
Source: Nexia Holdings, Inc.
Websites:www.nexiaholdings.com
www.blackchandelier.com
www.landissalon.com
Richard Surber, President
Nexia Holdings, Inc.
801-575-8073 x 106
[email protected]
For Investor Relations:
OTC Financial Network
Rick McCaffrey
781-444-6100×625
[email protected]
http://www.otcfn.com/nxhl
About Nexia Holdings Inc.
Nexia Holdings Inc. (OTC Bulletin Board: NXHL – News), headquartered in Salt Lake City, Utah, is a diversified holdings company with operations in health & beauty, fashion retail and real estate. The Company has been acquiring undervalued properties in the Salt Lake City area since the early 1990s. Nexia owns a majority interest in Landis Lifestyle Salon, http://www.landissalon.com, a hair salon built around the world-class AVEDA(TM) product line. Through its Gold Fusion Laboratories subsidiary, Nexia owns the innovative retail and design firm Black Chandelier and its related brands. Black Chandelier is expanding nationwide, and currently operates four retail locations and online operations at http://www.blackchandelier.com. For more information, visit http://www.nexiaholdings.com.
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