Direct Sales Retailer Peekaboo Beans Announces Fourth Quarter Sales Events
Peekaboo Beans Inc. (TSX.V: BEAN; OTCBB: PBBSF) (“Peekaboo Beans” or the “Company“) held five successful Stylist training events titled “The Summer Social” across Canada in Vancouver, Edmonton, Toronto, St. John’s, Newfoundland and Saint John’s New Brunswick as well as online in July. Direct-sales conferences are an important training opportunity with peers to help build Stylist’s business and to kick off new sales initiatives.
Additionally, direct-sales conferences like “The Summer Social”, connect the home office with the Stylists to gain feedback about design and product offerings. These events are also key to recognize and reward the accomplishments of Stylists who have achieved their annual sales goals.
Peekaboo Beans utilized this opportunity to showcase the Back-to-School-Collection and train on the best practices with respect to the sale of children’s apparel and products to Stylists customers. The latest collection will be launched on August 8, 2017 and sold until late-September encompassing the back-to-school shopping season, which has historically resulted in the fourth quarter being the Company’s strongest sales period.
The five live Canadian events and simulcast online audience resulted in an increase in Stylist recruitment and excitement as Peekaboo Beans showcased the back-to-school collection. Please go to www.peekaboobeans.com to view the back-to-school collection.
We are excited to report that the Company’s US expansion efforts are in process. The Company will be holding its third quarter conference call on August 30th, 2017, where the Company will provide an update about the US expansion.
About Peekaboo Beans
Peekaboo Beans Inc. is a direct-sales retailer of high-quality, ethically manufactured children’s apparel sold exclusively through its direct-sales representative network or Stylists. Our children’s apparel is environmental and socially consciously manufactured and promotes the importance of playtime over screen time, through thoughtful designs and custom developed fabrics. Through the direct-sales model, we train parents to be entrepreneurs, build a business and generate income on their own terms.
Peekaboo Beans has 11,016,424 Common Shares and 4,817,187 warrants outstanding as of July 25, 2017. The Company’s year-end is September 30th, 2017.
Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
This news release may include forward-looking information that is subject to risks and uncertainties. All statements within, other than statements of historical fact, are to be considered forward-looking, including statements with respect to the Company’s expansion to the U.S., third quarter financial results, sales figures and recruitment, transition and training of Stylists. Although the Company believes the expectations expressed in such forward-looking information are based on reasonable assumptions, such information is not a guarantee of future performance and actual results or developments may differ materially from those contained in forward-looking information. Factors that could cause actual results to differ materially from those in forward-looking information include market prices, successes of the operations of the Company, continued availability of capital and financing, general economic, market or business conditions and those risks contained in the Company’s filing statement dated August 29, 2016, a copy of which is available on SEDAR at www.sedar.com. There can be no assurances that such information will prove accurate and, therefore, readers are advised to rely on their own evaluation of such uncertainties. The Company does not assume any obligation to update any forward-looking information except as required under the applicable securities laws.
For further information, please contact:
Peekaboo Beans Inc.
Mrs. Traci Costa
CEO and President
+ (604) 279-2326
SOURCE PEEKABOO BEANS INC.
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Source: Peekaboo Beans Inc. (TSX Venture:BEAN)
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