FBC Holding, Inc. (FBCD) may consider expanding to Los Angeles

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SCOTTSDALE, AZ/ACCESSWIRE/April 5, 2022/ Today, FBC Holding, Inc. (OTC PINK: FBCD), through its wholly owned subsidiary, Formrunner Apparel Inc., is pleased to announce that the company is working to expand its outlet in several places and that Los Angeles could be a current option.

FBC Holding, Inc. has worked hard to shake things up and the company is currently based in a Los Angeles retail store on Melrose Avenue. Melrose Avenue is a shopping, dining and entertainment destination in Los Angeles that begins at Santa Monica Boulevard, on the border between Beverly Hills and West Hollywood. It ends at Lucile Avenue in Silver Lake. Melrose extends north from Beverly Boulevard and south from Santa Monica Boulevard. President and CEO Lisa Nelson said, “We have submitted our application and are now awaiting approval. Lisa Nelson also said, “This is a giant leap forward for the business in terms of revenue and growth and we can’t stress enough the hard work we’ve put in to make this all happen!” FBC Holding, Inc. will be having a meeting this month with an agent regarding the Las Vegas showcase and will keep the public informed of all such information in the future.

The apparel market encompasses all types of clothing, from sportswear to business wear, from valuables to luxury pieces. After struggling in 2020 during the coronavirus pandemic, when sales in the apparel industry took a hit, global demand for clothing and footwear is expected to pick up again. The global apparel market revenue was calculated at US$1.5 trillion in 2021 and is projected to grow to around US$2 trillion by 2026. The countries that account for the bulk of this apparel demand are the United States and China, both of which generate higher revenues than any other country.

About Formrunner Apparel Inc.

Formrunner Apparel Inc. is a wholly owned subsidiary of FBC Holding, Inc. Formrunner Apparel Inc. offers a variety of high-end streetwear and accessories located in Scottsdale, Arizona. Formrunner can be viewed and purchased from the company’s website at www.formrunnerapparel.com

Formrunner Apparel Inc main website at www.formrunnerapparel.com

Twitter: https://www.twitter.com/FormrunnerTM

Instagram: https://www.instagram.com/Formrunner

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Forward-looking statements

Except for historical information contained in this release, the matters discussed in this press release are forward-looking statements. Actual results may differ materially from those described in the forward-looking statements and are subject to risks and uncertainties. See the filings of FBC Holding, Inc. with OTC Markets, which may identify specific factors that could cause actual results or events to differ materially from those described in the forward-looking statements.

Safe Harbor Statement

This release contains forward-looking statements, which are based on certain assumptions and reflect management’s current expectations. These forward-looking statements are subject to a number of risks and uncertainties that could cause actual results or events to differ materially from current expectations. Some of these factors include: general global economic conditions; general industry and market conditions, industry changes and growth rates; uncertainty as to whether our strategies and business plans will produce the anticipated benefits; increase competition; availability and cost of capital; the ability to identify, develop and achieve business success; the level of expenditure necessary to maintain and improve the quality of services; changes in the economy; changes in laws and regulations, including codes and standards, intellectual property rights and tax matters; or other unforeseen matters; our ability to secure and maintain strategic relationships and distribution agreements. The Company disclaims any intention or obligation to update or revise any prospective ability to secure and maintain strategic relationships and distribution agreements. The Company disclaims any intention or obligation to update or revise any forward-looking information.

THE SOURCE: FBC Holding, Inc.

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