(Breaking News) RBNW Announces Major Retailer Relationships
Published: Wed, 09/01/21
![]() Subscribers, Renewable Energy & Power, Inc (RBNW)
Price: $0.0004 Market Cap: $5.3m Breaking News Lust for Life Brand Has Delivered Fashion Footwear to Major Retailers Including Burlington and TJ Maxx During Summer 2021Market Changes Resulting from Pandemic Restrictions Have Resulted in New Opportunities to Fill Depleted Inventories and Expand Sales Ranges NEW YORK, NY / ACCESSWIRE / September 1, 2021 / Lust for Life, LLC (the "Company"), the main subsidiary of Renewable Energy & Power, Inc. (OTC PINK:RBNW), is excited to announce that the Lust for Life Footwear brand ("LFL") has been focusing on developing boots and booties for the Fall 2021 season. Last year there were fewer boots produced due to pandemic stay-at-home restrictions. Inventory for this season became very low which gave the retailers a bigger appetite for the upcoming Fall 2021 season. LFL has begun developing products with large private label customers and will be shipping $700,000 dollars of exciting new styles in the fashion boot category during August and early September. During last few months the Lust for Life team has been very pleased to have begun shipping its popular fashion footwear again to our main retailers, including Burlington, TJ Maxx and major retail discounters. This is part of our strategy with a continued work in progress into the private brand sector, via channels such as Bloomingdale's outlet. As we proceed forward, Lust for Life is also in the process of building out its Spring collection to expand to retailers who are looking for a boutique house like us to source high profile, in-demand footwear products. The present changes in the marketplace have actually given us an edge up in both our business negotiations and as a sourcing agent for other retailers and wholesalers. Lust for Life is looking forward to the continuing growth of the company's successful brand and private label sectors in the balance of 2021 and well beyond. About Renewable Energy & Power, Inc.: Lust for Life Brand a Subsidiary of Renewable Energy & Power, Inc. (Stock Symbol: RBNW) has Delivered Fashion Footwear to Major Retailers Including Burlington and TJ Maxx During the Summer 2021
RBNW Is excited to announce that the Lust for Life Footwear brand ("LFL") has been focusing on developing boots and booties for the Fall 2021 season. Last year there were fewer boots produced due to pandemic stay-at-home restrictions. Inventory for this season became very low which gave the retailers a bigger appetite for the upcoming Fall 2021 season. LFL has begun developing products with large private label customers
and will be shipping $700,000 dollars of exciting new styles in the fashion boot category during August and early September. Past News Immediate Focus On D2C For The Lust For Life CustomerNEW YORK, Feb. 3, 2021 /PRNewswire/ -- Lust for Life LLC (the "Company"), the main subsidiary of Renewable Energy & Power, Inc. (OTC: RBNW), is excited to announce that the Lust for Life Footwear brand ("LFL") is focused on developing a much bigger, consumer- driven new website. As D2C (Direct to Consumer) has become the driving force at retail, online sales have been converting from brick-and-mortar stores. There has been a significant reduction of stores across all chains and in order to convert customers and ramp up online sales, Lust for Life Footwear will be revamping the entire website. We will also work closely with the GSA House Agency (https://www.gsahouse.com) building a fresh and dynamic social media team to keep up consumer retention and more repeated sales. We will be manufacturing special styles for our own website. Selling our product directly to consumers will give us the advantage of collecting valuable customer data and create accounts, for future membership and loyalty programs. And since there is no "middleman" sharing profits, we can potentially see higher margins on every sale. In 2019, retail e-commerce sales worldwide amounted to 3.53 trillion US dollars and e-retail revenues are projected to grow to 6.54 trillion US dollars in 2022. Online shopping is one of the most popular online activities worldwide. (https://www.statista.com/statistics/379046/worldwide-retail-e-commerce-sales/) Lust For Life wholesale division has begun designing new product for Fall 2021. We will expand our comfort categories that will focus on fashion stay at home footwear. We have partnered with a factory in Mexico to produce a sustainable/ recycle material footwear. It is extremely important to be environmentally conscious, do better by the planet and the people who live in it. The new footwear will also be washable, comfortable and easy to wear. We will utilize specialized materials to highlight these styles on our website. Note: our technologically equipped factories in Mexico fully participate in the new USMCA trade treaty. The global sustainable footwear market size is expected to reach $11.8 billion by 2027, expanding at a compounded annual growth rate (CAGR) of 5.8 per cent from 2020 to 2027, according to a new report by market research and consulting firm Grand View Research. (https://www.fibre2fashion.com/news/apparel-news/sustainable-footwear-market-size-may-hit-11-8-bn-by-2027-267790-newsdetails.htm) Private Brand Sector, Lust for Life is continuing to build specialized product and work towards Fall 2021 expanding the retail customers. This direction comes from being able to give the retailers ability to maintain higher margin. https://finance.yahoo.com/news/immediate-focus-d2c-lust-life-165400854.htmlAll the best. SmallCapMomo.com picks@smallcapmomo.com --------------------------------------------------------------------------------------------------------
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