Halbroke & Camaro; Halbroke your right on! Sales 24-7, 365 days a year on line!
Camaro, IMHO I do not see any more brick and mortor stores. Why? Not cost effective in this day in age. The break even point on a store like the Miami is easily $30,000.00 a month.
Plus look at the web site about the store. Only open like 8-10 hours a day. Why, cost.
No, online and wholesale expansion is much more practical. Both can be done (probaly already) form one large office and wharehouse location that can be expanded as the need arises.
Keep in mind. Inca traded at $1.50 in the past. Quickly some will say, "but a different share struture". True, 52,000,000 than.
Now, 715,000,000 shares, run the numbers, that = .12 cents a share NOW.
BEFORE you add in todays value of the Miami store, NOT a NYC store. That alone IMHO is doing 100% more in sales. IMHO! They swim year round in Miami and lots of tourist too!
ADD in On line sales now. This alone can be like $400,000,000.00 a year soon to 1 billion year in short order!
Keep in mind, if Inca had a 591% increas in orders in 2008, (Only NYC store and some wholesalers) what will it be this year? More eyes have seen the Inca name in the last 12-14 months, than in it's life span. Hello! Note, that 591% was only in retail!
"INCA Designs, Inc. Reports 591% Year over Year Increase in Orders from Retailer Intermix."
"Fashion Week Swim 2010: Convention Center Reports Record Sales!"
This was this past July 2009, when Inca first show cased it's new 2010 Cruise Line! This record sales is from Wholesalers buying from companies like Inca.
Add to that, now most likely as Wag has pointed out, HUGE value in new fabric Inca has made for their new cameo line I beleave.
Keep in mind why I am so positive all the time about IDGI. I have read every filing, every PR, every post on here and other boards, every new piece and DD on past owners and Mrs. Josloff.
IMHO, Inca and it's stock IDGI is WAY UNDERVALUED!
Ralph Lauren, Mrs. Josloff mentor, his business is worth almost 8 Billion!
Read Mrs. Josloff's vision in this article. It is HUGE!
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