Bravada International Ltd (BRAV)

[ORCA]

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BRAVADA to Report Another Record Quarter for Q1 2011 and Expects Pro Forma Profitability in Q2 2011 Date : 03/01/2011 @ 5:22AM
Source : Business Wire

BRAVADA to Report Another Record Quarter for Q1 2011 and Expects Pro Forma Profitability in Q2 2011BRAVADA International Ltd. (www.BravadaLtd.com) (Pink Sheets:BRAV) announced today that it will report yet another record quarter for Q1 2011 and expects pro forma profitability in Q2 2011. Revenue for the first two months of Q1 2011 (January and February) has been exceedingly strong with March revenues expected to accelerate with the opening of its second Los Angeles BRAVADA Women’s Athletica location on Melrose on February 26. For January and February, BRAVADA had three (3) revenue centers with BravadaWomen.com, its BRAVADA Robertson retail store and OnlyLeggings.com and will be adding a minimum of three (3) additional revenue sources prior to Q2:

1. BRAVADA Women’s Athletica Melrose Avenue – 2200 sq ft retail center (operational)

2. WorldofJeggings.com – Ecommerce website dedicated to Jeggings (March 2011)

3. WorldofSwimwear.com – Ecommerce website dedicated to swimwear (Early April)

In addition, BRAVADA is looking to continue its BRAVADA Women’s Athletica retail store expansion and is looking to add additional stores in Santa Monica, Culver City and or North Hollywood as well as the introduction of its national franchise program.

Additional revenue growth drivers for 2011 include the introduction of its private label collection; BRAVADA Elite which will see BRAVADA’s wholesale business implemented internationally as well as gross margin expansion of between 15% - 25%. With the introduction of its BRAVADA Elite private label as well as additional BRAVADA Women’s Athletica store openings throughout 2011, BRAVADA anticipates rapid revenue growth for fiscal year 2011.

The BRAVADA women’s activewear and sport fashion brand is a culture of “getting excited about being who we are”, feeling sassy and sexy and living healthy and happy. When women come into a BRAVADA Women’s Athletica store or online at BravadaWomen.com, we want them to feel like they are in a ‘women’s activewear playground’ where there is something for every woman’s budget, style and taste. BRAVADA’s product mix is a blend of women’s workout clothes, Brazilian gym wear, inspired yoga clothes and cutting edge fashion activewear and sport fashion apparel. BRAVADA is on the leading edge of the growing fashion trend of women’s activewear that transitions from the gym to everyday life with ease.

BRAVADA’s women’s activewear, gym wear and sport fashion apparel can be viewed at www.BravadaWomen.com.

About BRAVADA

BRAVADA specializes in women’s workout clothes, gym wear, yoga clothes, jeggings and other athletic and fashion apparel products for women. BRAVADA owns and operates BravadaWomen.com, its online ecommerce shopping mall and BRAVADA Women’s Athletica, a women’s activewear, gym wear and sexy Brazilian gym clothes retail brand and fashion athletic store.

www.BravadaWomen.com

www.OnlyLeggings.com

www.BravadaLtd.com