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$MDAV: Carlo Mondavi's DAVI-SKINcare on CNBC
$MDAV: Korean-Air Business Class get Davi-Skin Product Bag
https://www.beautemia.com/korean-air-prestige-business-class-syd-icn-davi-skin-care-daehanhanggong-peuriseutiji-biseuniseu-keulraeseu-dabi-seukinkeeo/
$MDAV: $MDAV Still in 10yr-Agreement with LG-Household-HealthCare Korea
http://www.lgcare.com/global/
https://www.facebook.com/LGCARE.Korea
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https://www.prnewswire.com/news-releases/davi-luxury-brand-group-announces-launch-of-its-product-line-in-retail-stores-under-10-year-licensing-agreement-with-lg-household--health-care-in-asia-234217471.html
DAVI Luxury Brand Group Announces Launch of its Product Line in Retail Stores Under 10-Year Licensing Agreement with LG Household & Health Care in Asia
Company Partners with LG Household & Health Care for launch of DAVI Skincare throughout Asia
Dec 03, 2013, 08:30 ET from DAVI Luxury Brand Group, Inc.
BEVERLY HILLS, Calif., Dec. 3, 2013 /PRNewswire/ -- DAVI Luxury Brand Group, Inc. ("DAVI" or the "Company") (OTC BB: MDAV) a prestige beauty products company, announced the recent launch of its new DAVI skincare product line in South Korea under the 10-year exclusive licensing agreement that the Company entered into with LG Household and Health Care, Ltd. (KRX: 051900) ("LGHH") in 2012. The new product line was developed, and is being marketed and distributed as luxury skincare products under the Company's DAVI®, DAVI NAPA® and DAVI SKIN® brand names.
DAVI, in collaboration with LGHH's research and development team, created the skincare line utilizing LGHH's advanced technology along with DAVI's exclusive Meritage™ Blend and the patented Phytosphere technology - "Phyto-Meritage™" that DAVI uses for its products. The license agreement with LGHH grants LGHH the right to commercialize DAVI® branded women's and men's skincare and cosmetics in the Asia, including the development of retail outlets and other commercial ventures in the Asian-Pacific region. This region currently represents nearly 60 percent of the global market for premium skincare products.
LGHH commenced sales of DAVI products in the third quarter of 2013 with the opening of four new DAVI® retail stores in Seoul, South Korea that are dedicated to the sale of DAVI® branded skincare and cosmetic products. These DAVI® retail stores are currently operating in two of Seoul's most prestigious Luxury Department store chains, the Lotte and Galleria department stores. Additional new DAVI stores in high-level luxury department stores are scheduled to open in South Korea in 2014.
LGHH plans to launch additional DAVI® branded stores through high-level department stores in other Asian-Pacific territories such as Japan, China, Hong Kong and Singapore in 2014. The DAVI® stores currently feature over 30 SKUs of skincare products, including the Company's flagship Le Grand Cru Collection, moisturizers, cleansers, toners, essences, serums and specialty products.
The Company also plans to launch DAVI in the North American retail market in 2014 through the sale of DAVI® products in U.S. luxury department stores as well as through the Company's own flagship free standing retail store that is currently being completed in Beverly Hills, California.
"We are thrilled to have a strategic partner such as LGHH, given its stature as a leader in cosmetic products in Korea and the rest of Asia," stated Parrish Medley, President and Chief Executive Officer of DAVI Luxury Brand Group, Inc. "LGHH has helped us cultivate our brand within the Asia Pacific region and has been instrumental in launching the DAVI® brand in Seoul, South Korea, one of the most educated, sophisticated and growing luxury markets in the world. As one of the largest beauty and cosmetics companies in Asia and worldwide, LGHH has successfully expanded its portfolio of brands through its unparalleled commitment to quality and excellence in nurturing and developing brands while introducing innovative products that appeal to a sophisticated consumer base."
Mr. Medley continued, "The LGHH partnership with DAVI in Asia perfectly complements the success we currently enjoy in our existing partnership with the leading luxury global airlines, KOREAN AIR, where DAVI exclusively provides KOREAN AIR's first class and business class passengers with DAVI® branded products in attractive DAVI® travel amenity kits. We believe that this partnership with LGHH will help ignite significant growth in Asia. LGHH plays a pivotal role in our company's long-term business objective as DAVI® branded products become widely accepted in this region and abroad."
Skincare is particularly important in the Asian markets which have deeply-entrenched skincare treatment rituals. The global cosmetic industry exceeded $200 Billion in 2012 up 2.8% year-on-year as reported by WWD BEAUTY INC.
About DAVI Luxury Brand Group
DAVI Luxury Brand Group, Inc. a California based prestige beauty products company that develops, licenses and markets its luxury skincare products using the antioxidants found in grape growing and winemaking process. The Company markets skincare products under the "DAVI®", "DAVI NAPA®" and "DAVI SKIN®" registered brand names. The products are currently manufactured and distributed in the U.S. as well as through its licensed partners in the Asian Pacific region. For more information, please visit www.daviskin.com.
About LG Household & Health Care
LG Household & Healthcare Ltd. is a Korean-based company engaged in the manufacture of household goods, cosmetics and beverages. Founded in 1947, LG was Korea's first cosmetic company. LGHH, part of the LG group of companies, has evolved into the leader in the cosmetic, beauty and health care in South Korea. Its household goods include oral care products, skin care products, hair care products, laundry products, home care products and paper products under the brand names of Perioe, SAY, Elastine, TECH, Saffron and others. Its cosmetics include skin, lotion, essence, lipsticks, eye creams and others under such brand names as OHUI, Whoo, Belif, SU:M37, ISA KNOX and SOORYEHAN. Its beverage products include juice, tea, coffee and bottle water products. On January 25, 2013, it acquired a 100% stake in Everlife Co.,Ltd., a Japan-based company, which mainly engaged in inner beauty business.
Investor Contacts:
Todd Fromer / Phil Carlson
KCSA Strategic Communications
P: 212-896-1215 / 212-896-1233
Email: tfromer@kcsa.com / pcarlson@kcsa.com
SOURCE DAVI Luxury Brand Group, Inc.
RELATED LINKS
http://www.daviskin.com
$MDAV: Robert Mondavi's California Skin Care Collection
Currently at $0.025
https://s3-us-west-1.amazonaws.com/davivideo/davi_final_video_-_version_w-_logo_ending_and_additional_text_640x360.mp4
https://www.facebook.com/Davi-Skin-134122716654962/
$MDAV
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StockGoodies, LLC / G6 Stocks, LLC has been compensated $15,000 cash for a one day awareness campaign budget to profile MDAV lolzzz such a shock...
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Davi Luxury Brand Group, Inc. develops, licenses and markets luxury skin care products founded by Carlo Mondavi, grandson
of American Icon Robert Mondavi, using the antioxidants found in wine and grapes. The company markets skincare products
under the "Davi Skin" and "Davi" brand names. The products currently are provided as amenities at prestige hotels and as first class
in-flight airline amenities. The company's goal is to also market its branded skincare products through upscale department stores,
specialty retailers, prestige resorts, salons and spas, on cruise ships, and through airline duty-free shops. The company's skincare
products contain minerals, vitamins and nutrients that are found in a by-product of the wine making process called the pomace.
Planting techniques at select vineyards produce deeper vines with a lower yield of grapes per vine.
After processing, these grapes yield higher concentrations of minerals, vitamins, and nutrients than grapes from other vineyards.
Additionally, the uniquely long maceration process to which these grapes are subjected, yield polyphenols in relatively high quantity.
Polyphenols are the free radical scavengers that, among other things, help to protect collagen and elastin fibers and prevent
the destruction of hyaluronic acid in the skin. Management believes that the use of this pomace will allow for the creation of
skin creames that can help fight the natural aging process of the skin.
Davi Luxury Brand Group, Inc. (“we,” “us,” “our,” “DAVI”, or the “Company”) was incorporated in the State of Nevada on July 26, 2007. We have developed and are expanding our skin care line/cosmetics business based on a series of grape and botanical-based luxury branded skin care products marketed under the “DAVI”, “DAVI SKIN” and “DAVI NAPA” brand names. Directly, or through our licensees, we have developed and currently market a line of high quality skin care products that are sold as prestige products principally through high-end distribution channels to complement the prestige images associated with the DAVI, DAVI SKIN and DAVI NAPA brands. We are currently targeting high-end retail stores, luxury hotels, and in-flight and duty-free shops of global luxury airlines in order to establish our brand as a luxury product used in first class locations. Our goal is to expand the targeted scope of our sales efforts with respect to upscale department stores and specialty retailers. In addition, our Le Grand Cru collection of products are available for sale through our www.daviskin.com website, and we expect to offer additional products online throughout fiscal 2014.
On September 4, 2012, we entered into a Brand and Trademark License Agreement (the “LGHH License Agreement”) with LG Household and Health Care, Ltd. (“LGHH”). Under the LGHH License Agreement, we granted LGHH an exclusive license to manufacture, sell, market and distribute in Korea, Japan, China and other Asian markets DAVI branded skin care, cosmetics, hair care and other products including the right to develop retail outlets and other commercial ventures in the Asian-Pacific region. LGHH commenced sales of DAVI products in fiscal 2013 with the opening of four new DAVI retail stores in Seoul, Korea that are dedicated to the sale of DAVI branded skincare and cosmetic products. Under the 10-year LGHH License Agreement, LGHH has agreed to pay us a royalty based on the annual net sales of DAVI branded products that it sells in the licensed territory. The royalty rate varies from the mid single digits to low single digits. During fiscal 2013, we collaborated with LGHH's research and development team to create a new skincare product line utilizing LGHH's advanced technology along with our exclusive Meritage™ Blend and the patented Phytosphere technology - "Phyto-Meritage™" that we use for our products. A full line of these skin care products has now been developed and commercially released in Asia, as well as, in the U.S. on our www.daviskin.com website. The LGHH License Agreement grants LGHH the right to commercialize DAVI branded women's and men's skincare and cosmetics, including the development of retail outlets and other commercial ventures, in the Asian-Pacific region.
LGHH commenced sales of DAVI products in fiscal 2013 and, as of the date of the Quarterly Report, has five DAVI retail stores in Seoul, South Korea that are dedicated to the sale of DAVI branded skincare and cosmetic products. We have been informed by LGHH that it anticipates opening at least three more DAVI retail stores during 2014 in South Korea.
Mr. Medley was previously employed as President, Chief Financial Officer & Director by Regal Group,
Inc., President, Chief Executive Officer & Director by UHF Logistics Group, Inc., President by Davi Skin, Inc.,
Founder by Palm Beach Tan, Inc., and a Manager by Bear, Stearns & Co., Inc.
He received his undergraduate degree from Southern Methodist University.
| Parrish Medley | CEO, Secretary |
| J. Bernard Rice | CFO |
| Market Value1 | $66,008,800 | a/o May 02, 2011 |
| Shares Outstanding | 75,010,000 | a/o Feb 11, 2011 |
| Float | Not Available | |
| Authorized Shares | 750,000,000 per Nevada SOS | |
| Par Value | 0.001 |
| Empire Stock Transfer Inc. |
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