Brian Dean, Publisher of OTCPicks.com, announced today that his firm has initiated Profile Coverage of Dussault Apparel (OTCBB: DUSS) on their exclusive penny stock alert service. Mr. Dean comments, The world denim market grew to $50 billion in 2006. It is expected to grow to $52.5 billion by 2012. The premium denim market accounts for $1.1 billion of the overall world denim sales. In the US denim sales were $15.8 billion of that luxury denim exceeded over $679 million in 2006; this category continues to endure as one of the most appealing segments of the apparel market.
Just look at the blue jean company True Religion. In 2004, the company noticed a rise in its $1 share price as their designer blue jeans began appearing on celebrities like Jessica Simpson and Angelina Jolie. One year later, True Religion’s stock surged to over $20 with sales increasing five-fold and the company generating sales of $22 million in a single quarter.
True Religion made many investors a FORTUNE as they rode the stock higher on the heels of the company’s skyrocketing success.
We think our latest stock idea---Dussault Apparel Inc (DUSS) may have the potential for similar results. In fact, in just two short years this custom apparel company has propelled itself to the forefront of the fashion world boasting a legion of celebrities including the Black Eyed Peas, Pamela Anderson, Kid Rock, Jessica Alba, Nicole Ritchie, Everlast and Robin Williams.
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About Dussault Apparel
Dussault Apparel, Inc. (http://www.dussaultapparel.com/) is a designer, manufacturer, wholesaler and retailer of high-end quality apparel, its expanding product line includes custom designed hoodies, jeans, jewelry, t-shirts, hats and leather goods. Dussault Apparel, Inc. trades on the Nasdaq OTC: BB as DUSS.
About OTCPicks.com
OTCPicks.com is an Internet destination for investors seeking information on small cap and micro cap companies. The web site features companies in Profile Campaigns, Executive Interviews and Research Reports authored by our financial writers. We publish our Daily Market Movers Digest Newsletter to opt-in investor members. To feature a company on OTCPicks.com, please contact our publisher, Brian Dean at 972-546-3740, or via email at publisher@otcpicks.com.
Forward-Looking Statement: This press release includes "forward-looking statements" within the meaning of the federal securities laws, commonly identified by such terms as "believes," "looking ahead," "anticipates," "estimates" and other terms with similar meaning. Although the Company believes that the assumptions upon which its forward-looking statements are based are reasonable, it can give no assurance that these assumptions will prove to be correct. Important factors that could cause actual results to differ materially from the Company's projections and expectations are disclosed in the Company's filings with the Securities and Exchange Commission. All forward-looking statements in this press release are expressly qualified by such cautionary statements and by reference to the underlying assumptions.
Disclosure: OTCPicks.com has been compensated two thousand five hundred dollars by a third party (BlueWave Advisors) for DUSS advertising and promotional services. Previously OTCPicks.com has been compensated two thousand dollars by a third party (Planning Media) for DUSS advertising and promotional services.