QualityStocks would like to highlight
One World Holdings (
OTCQB: OWOO) subsidiary, The One World Doll Project, established in 2010 to make a significant positive cultural impact through the doll category, transcending global and ethnic borders to create positive self-image in young women and girl around the world. Led by worldwide famous doll designer Stacy McBride-Irby, The One World Doll Project team has more than 50 collective years in the doll and toy industry and is dedicated and armed with the experience to ensure that the dolls are of the highest quality and value.
In the company’s news:
When Stacey McBride-Irby, creator of The Prettie Girls! recently commented, “A happy, inspired childhood creates happy, inspired and powerful women,” she was putting her passion for One World Holdings, Inc. (OTC: OWOO) mission front and center on the national toy market stage. And when your company’s chief product development officer is that ‘out front’ with their feelings about the task at hand, shareholders can rest assured they have the right person for the job.
Before McBride-Irby’s tenure as the chief product development officer at OWOO, she established her talent credentials in the toy industry during her 15 years as a project designer for Mattel™. Since then, she has helped put The One World Doll Project on the map through her diverse collection of doll designs.
Evidence of the company’s drive to meet the needs of a diverse doll market demographic, the company announced an initial order from Amazon, adding to a burgeoning retail network that includes industry giants such as Toys ‘R’ Us and Sears. In a recent conference call, the agreement was characterized as just the first step of One World’s upcoming expansion plans. Timing could not be better as the company aims to boost its retail presence in preparation for the 2015 holiday shopping season.
Trey Waldhauser, vice president of Business Development at One World, noted, “As we continue to see a significant increase in product sales, this new business relationship with Amazon.com represents another component of our 2015 growth plan. It’s extremely motivating to see the world’s largest online retailer take an interest in our products.”
The company’s momentum into the retail space is providing OWOO a stable foundation for generating and expanding its revenue base. At the beginning of the current quarter, the company announced a 532 percent increase in year-over-year revenue for 2014 while its national expansion puts One World in a strategically desirable position to build on this growth going forward.
Toy Association research indicates the domestic toy market has been expanding in recent years with 4% increase in market value in 2014. Last year, dolls accounted for $2.32 billion in the United States, and market indicators point to continued growth for 2015.
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This release may contain forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. All forward-looking statements are inherently uncertain as they are based on current expectations and assumptions concerning future events or future performance of the company. Readers are cautioned not to place undue reliance on these forward-looking statements, which are only predictions and speak only as of the date hereof. Risks and uncertainties applicable to the company and its business could cause the company's actual results to differ materially from those indicated in any forward-looking statements.
