Clothes Minded Group In Talks With Eastern Investors
Released on: September 26, 2008, 12:23 pm
Press Release Author: Clothes Minded Group
Industry: Apparel & Fashion
Press Release Summary: Clothes Minded Group talks money, strategic positioning and a London flagship store.
Press Release Body: Clothes Minded Group (CMG) today announced that they are in talks with several investors in reference to their first ever flagship store, which will be located in London.
CMG founders selected London for it's rich cultural history, it's international fashion prominence and their personal relationship as on the founders hail from London.
A number of investors are looking at the iconic concept, which includes a vertical retail strategy and unique marketing campaign, which is yet to be revealed.
CMG have confirmed that while they are excited about the prospects, they carefully considering their decisions. The want to strategically position themselves in the market and have longevity.
It is said that that investors and CMG are discussing talks within excess of £30 million which is good number for one flagship store.