
LABEL Suiting Up For Strong Growth in 2015
Luxury men's custom clothing company posted more than $1m in 2014 sales
NEW YORK, Jan. 6, 2015 /PRNewswire/ -- LABEL, the premier men's custom clothing solution offering the best luxury value in today's marketplace, anticipates another year of robust growth in 2015, based on plans to enter into new U.S. markets and increasing demand for high-end men's custom clothing.
LABEL, which opened for business in 2013, expects to triple its sales and number of clients in 2015. The Company had more than $1 million in sales and over 1,000 clients in 2014.
LABEL's strong financial performance is largely driven by an increasing demand for custom-made men's clothes, particularly among wealthy and fashion-conscious millennials-between the ages of 25 and 39--who represent nearly half of the Company's clients. In addition, LABEL's clients consist of Fortune 100 and 500 C-level executives and seasoned professionals across various industries.
"LABEL's success is indicative of the growing demand for a high-end custom clothing and concierge solution offering the finest luxury in today's marketplace," said co-founder and CEO Jeremy Miller. "We are fulfilling that unmet need by offering exclusive custom clothing that places a strong emphasis on convenience, style and value, as well as providing deep expertise, experience and professionalism in serving the upscale men's custom clothing market."
Co-founder and President David Miller also commented: "Label is more than just a luxury clothing solution; we're an exclusive concierge service, providing clients with an unparalleled experience. By delivering exceptional value and service, Label has successfully differentiated itself from the competition."
LABEL's major accomplishments in 2014 and goals for 2015 include:
- LABEL grossed more than $1 million in revenue.
- The Company grew its client base from 100 clients to more than 1,000 clients, which include Fortune 100 and 500 C-level executives, professional athletes, and celebrities.
- LABEL more than tripled its number of style consultants.
- LABEL expanded its reach to several major U.S. cities to accommodate client demand. The Company provided its services to clients in New York, Boston, San Francisco, Dallas, Houston, Washington D.C., and Las Vegas.
- LABEL began offering 3D body scanning technology to enhance the measuring process.
- The number of clients and sales are expected to triple in 2015.
- Expand its partnership program with other luxury brands that share similar goals and values.
- Double the current number of style consultants to create a cross-coastal team to accommodate more clients across the country.
- Open a new showroom on the West Coast.
- Implement an e-commerce platform allowing customers to check on the progress of their orders as well as buy additional items.
- Expand its product line to include casual attire, including cashmere sweaters, custom polo shirts and golf apparel.
About LABEL
Founded in 2013, LABEL (www.LABEL.co) is the premiere custom clothing brand that fulfills an unmet need for offering exclusive custom clothing that places a strong emphasis on convenience, style and value. Offering deep expertise, experience and professionalism in serving the high-end men's custom-clothing market, LABEL provides its concierge-type service to more than 1,000 influential and affluent clients across the country, building strong, lasting relationships with Fortune 100 and 500 C-level executives, professional athletes, celebrities and other clients who depend on LABEL as a "one-stop" clothing solution. LABEL has established close relationships with some of the world's most renowned fabric companies, in order to ensure that only the world's finest materials are used to construct the company's clothing. Based in New York City, LABEL has a showroom and a full tailoring studio in the city's Flatiron district.
Label
41 Madison Avenue,
New York, NY
www.LABEL.co
Contact:
Marc Weinstein
Rubenstein Public Relations
(212) 843-9240
Email
SOURCE LABEL
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