Infurn Holdings PLC
Infurn Holdings PLC : Record development at subsidiary company Designfurn Ltd, new showrooms on Mallorca, new management team for planned expansion in the US market
Infurn Holdings PLC / Key word(s): Miscellaneous 06.10.2011 / 11:21 --------------------------------------------------------------------- Infurn Holdings plc, is pleased to submit a comprehensive and extremely promising company update to all investors and interested parties. New ecommerce marketing strategies successful:holding subsidiary Designfurn Ltd posted record development. The Infurn subsidiary Designfurn Ltd. provides cause for celebration having recorded unique progress during the past few months. The reason: the successful implementation of new ecommerce marketing strategies. In September alone the company sold around 2,500 products per week - number of visitors to the online shop(www.infurn.com) has increased by a total of 128%; an average of 7,000 visitors per day. Infurn.com - now the leading website in its particular industry sector infurn.com has improved its Alexa ranking by 100,000 places (www.alexa.com). Globally the website achieved the 128,000 position amongst all websites. In Germany it is even occupying the number 16,000 slot. This means that infurn.com is globally the largest website in its sector. Increased turnover with showroom opening A new Infurn showroom opened on the 25th of September 2011 in Mallorca. Not only is Mallorca a destination for holiday makers, but is also tremendously popular for primary and secondary home ownership. The showroom covers 500 m2. 270 various pieces of furniture by popular designers are on display. The exclusive location on this frequently visited island, will contribute a great deal to increased awareness of Infurn furniture. Visitors have the opportunity to physically experience pieces of furniture, touch them and make certain of the quality, before ordering them on the Internet at a later date. Infurn expects an increase in online turnover of 13% after opening the showroom. Expansion target US market - new management team in place The planned expansion into the American market is now the focus of the company's attention more than ever before. The first significant steps towards this objective have now been taken: Infurn has recruited a new management team whose skills could have been to measure for meeting this challenge. Infurn expects an increase in number of products sold from currently 3,000 / month to 10,000 /month in the short term. ** END OF PRESS RELEASE ** Infurn Holdings plc is an independent, exchange listed company operating in the segment 'E-commerce, furniture with focus on designer furniture '. This news release may contain certain forward-looking statements, expectations, intentions, strategies and beliefs regarding the future. All statements contained herein are based upon information available to the management of Infurn Holdings plc as of the date hereof, and actual results may vary based upon future events, both within and without the control of the management, including risks and uncertainties that could cause actual results to differ materially. Management does not take any responsibility to update the contents of this News Release in case new aspects arise or new conditions change the facts available. Registered Office: INFURN HOLDINGS PLC 72 New Cavendish Street London, W1G 8AU United Kingdom Email: press@infurn-holdings.com www.infurn-holdings.com ISIN GB00B3ZMNP79, WKN A1H95K, Kürzel 0IU Börsenplätze: Frankfurt End of Corporate News --------------------------------------------------------------------- 06.10.2011 Dissemination of a Corporate News, transmitted by DGAP - a company of EquityStory AG. The issuer is solely responsible for the content of this announcement. DGAP's Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases. Media archive at www.dgap-medientreff.de and www.dgap.de --------------------------------------------------------------------- 141465 06.10.2011
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