Litebulb Group Limited $0.5m US orders for Star Wars homeware range
January 19 2015 - 1:00AM
RNS Non-Regulatory
TIDMLBB
Litebulb Group Limited
19 January 2015
19 January 2015
LiteBulb Group Limited
("LiteBulb" or the "Company" or the "Group")
$0.5m US orders for Star Wars homeware range from licensee
LiteBulb (AIM: LBB), the branded product developer, announces
that it has recently received over $0.5m worth of orders for its
Star Wars homeware product range from US license holder Underground
Toys.
The Company's subsidiary Bluwstuff Limited received orders from
Underground Toys for a number of products from its innovative Star
Wars themed homeware range including its Light Sabre BBQ tongs,
X-Wing Knife Block, Droid Salt & Pepper Shakers, R2-D2 Kitchen
Timer, Death Star Worktop Saver and Millenium Falcon Chopping
Board. Details on the full product range can be seen here:
http://www.rns-pdf.londonstockexchange.com/rns/0866S_-2014-9-18.pdf
The products will be delivered in February 2015 and the revenues
recognised in the numbers of the year ending 31 December 2015. The
order follows on from a successful trial of the products in the US
last year.
LiteBulb's fully owned subsidiary Bluw, won the Innovation Award
for its Star Wars homeware range at the prestigious Licensing
Awards 2014 ceremony held on 16 September 2014. The Licensing
Awards is the annual celebration of the best of the UK licensing
industry attracting over 1,300 licensors, major licensees and
senior retail buyers.
Simon McGivern, CEO of LiteBulb, commented:
"We are delighted to announce a significant ramp up in orders
from our US partner which attests to the quality and popularity of
our range. We are currently in discussions with other US
distributors regarding the distribution of more of our product
lines and will keep the market updated on our progress."
Enquiries
LiteBulb Group Limited www.litebulbgroup.com
Simon McGivern, Chief Executive Tel: 020 3384 7131
finnCap (NOMAD & Broker) Tel: 020 7220 0500
Stuart Andrews/Ben Thompson (Corporate
Finance)
Joanna Weaving (Corporate Broking)
Walbrook PR Limited Tel: 020 7933 8780 or litebulb@walbrookpr.com
Paul McManus Mob: 07980 541 893
Bob Huxford Mob: 07747 635 908
About LiteBulb Group - www.litebulbgroup.com
LiteBulb Group designs, manufactures and distributes innovative
brands and products to the global retail market.
LiteBulb Products - our wide range of products are sold in over
30 countries through blue chip retailers including: ASDA, BHS,
Tesco, Sainsbury's, WH Smith, Halfords, Marks & Spencer,
Morrisons, QVC, Next, Fenwicks and Toys R Us.
LiteBulb Creative is a creative agency with global reach,
delivering compelling and agile brand extension programmes to the
entertainment industry. LiteBulb Creative has designed products and
campaigns for clients around the world, including Disney, Hasbro
and Miramax.
This information is provided by RNS
The company news service from the London Stock Exchange
END
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