Hot Tuna Developments
02 July 2008
Hot Tuna PLC, a leading surf wear and fashion brand, provides a further update on developments within the company.
The company is delighted to announce the opening in August of its first European standalone, flagship store in Shoreditch, London. The store, which will be located alongside other independent boutiques, will stock the new and revamped collections which have helped drive record sales recently as reported in our trading update on 29 May 2008.
As part of the ongoing cost-cutting programme, the European showroom will operate from the second floor of this new store - thus eliminating the need for the expensive St John's Wood location.
This new store is in addition to the Los Angeles store that opened in May, connected to the new showroom in the Cooper Building downtown.
The designers in London and LA are successfully blending beach and fashion, using designs that evoke the same relaxed and countercultural spirit Hot Tuna embodied in its original form back in 1969.
Given the success of these new collections, the following stores - across the world, have been shipped for Spring / Summer 2008:
Fred Segal, Los Angeles
Patricia Fields, New York
House of Fraser, UK
El Corte Ingles, Spain
David Jones and Myers, Australia
This is in addition to over 250 independent boutiques across the US, UK, UAE, Germany, Spain and Australia.
The Company will be showcasing the new Spring 2009 collections at the Bread and Butter show in Barcelona this week.
For further information, please contact:
| Hot Tuna PLC | |
| David Lenigas - Chairman | Tel: 020 7016 5100 |
| Niels Juul - CEO | Tel: +12138919409 |
| Pelham PR | |
| Kate Catchpole | Tel: 020 7743 6678 |
| Seymour Pierce Limited | Tel: +44 (0) 20 7107 8000 |
| Mark Percy / Parimal Kumar |