LAS VEGAS, Jan. 2, 2013 (GLOBE NEWSWIRE) -- Tatyana Designs, Inc. (the "Company") (OTC Pink:TATD), a growing retailer specializing in contemporary designs inspired by the iconic Bettie Page, has achieved record sales of more than $10,000,000 in 2012. At the end of 2012 the Company owned and operated eleven Bettie Page Clothing boutiques in prime 'street' and up-scale malls across the United States along with robust wholesale and e-commerce divisions.
"We attribute our continued and growing success to a number of factors," noted Co-CEO Jan Glaser. "Our designs are gaining huge acceptance around the globe, the quality of management staffing has positively impacted boutique operations in key markets and we are seeing results from our focused social media outreach. Higher sales facilitated more efficient operation and helped us to execute better supply chain management, resulting in products reaching our outlets in record time."
Commenting on plans for the immediate future, Glaser reveals that "Following the opening of five new boutiques in 2012, Portland, Oregon will be welcoming our newest boutique this coming February. This past year marked strong growth in boutique sales, wholesale sales and e-commerce revenues and we expect sales to rise further in 2013."
The Company has financed its growth from a balance of internally generated profits, equity and debt from its founders, and bank financing. On December 26, the Company supplemented its capitalization by selling $300,000 of 6% subordinated convertible notes.
About the Company – Based in Las Vegas, Nevada, Tatyana Designs, Inc. is a growing retailer specializing in contemporary designs inspired by the '50s and the iconic Bettie Page. The merchandise offered through eleven boutiques, in addition to active e-commerce and wholesale divisions, is a diverse mix of high-quality and attractively priced apparel, jewelry, accessories and gifts. Bettie Page collections target the 18-35 year-old, fashion conscious, female customer, but women of all ages are attracted to its unique retro look. New product styles are presented monthly. For more information on the company, please visit the Web site at www.tatyanadesigns.com.
Trademark Information: Bettie Page is a trademark registered to Mark A. Roesler, dba Bettie Page LLC (www.BettiePage.com) and licensed for use by the Company. All other trade names are either trademarks or registered trademarks of their respective holders.
The Tatyana Designs, Inc. logo is available at http://www.globenewswire.com/newsroom/prs/?pkgid=15348
Cautionary note on forward-looking statements:
This press release includes forward-looking information and statements. Except for historical information contained in this release, statements in this release may constitute forward-looking statements relating to future transactions, performance and developments that may affect future results and the future viability of the company. Actual results could be affected or differ materially from those projected in the forward-looking statements as a result of risks, uncertainties and other factors identified and discussed in the Company's most recent public corporate documents (www.otcmarkets.com/stock/TATD/filings). These forward-looking statements are based on information and management's expectations as of the date hereof. Future results may differ materially from the Company's current expectations.
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