MIAMI, FL--(Marketwired - Jun 28, 2016) - Ami James Brands, Inc. (OTCQB: AJBI) ("Ami James Brands" or "Company"), a licensing and brand management company with its core business rooted in the tattoo industry, is pleased to announce that further to its press release dated June 1, 2016, AJBI and Yellow Cab Productions, Inc. ("YCP") have executed a Joint Venture Agreement for a collaborative limited edition Ami James hat collection. YCP is the exclusive licensor of Frank's Chop Shop™ merchandise including caps, hats, t-shirts, and accessories.
Under the terms of the agreement, AJBI and YCP will participate in a profit sharing arrangement where both parties share profits at a 50/50 rate net of all costs associated with each unit. The contract encompasses a three season collection over a period of three years with the ability to do multi-season collections.
"In the 10 years that Frank's Chop Shop has been dropping amazing collaborations with iconic brands like Vans, SSUR, and Futura, this collaboration with Ami James presents an unmatched commercial opportunity," stated Tony Tricarico, president of YCP. "The next step will be working with Ami to portray his vision, direction, and designs into a final product that we can be proud to offer to New Era worldwide. We are hoping to finalize Ami's first designs for the 2016 holiday season."
Frank's Chop Shop hats and headwear are sold at all New Era flagship stores in the United States, Canada, Europe, and Asia. Frank's Chop Shop is a New York institution and lifestyle brand that has been described as "Rat Pack nightlife meets urban grunge." New Era Cap Company was founded in the 1920's and is the exclusive manufacturer and marketer of all MLB and NFL on field caps. New Era also maintains agreements with the NHL and NBA among others.
Ami James, president of AJBI, concluded, "Hats and caps play a big role in urban fashion today, so I'm very excited to begin working with Yellow Cab to see my exclusive tattoo inspired designs come to life as a limited edition hat collection."
AJBI will also be providing joint marketing and promotional efforts to assist in brand awareness and will provide ongoing retail and online support.
About Ami James Brands, Inc. (AJBI)
Ami James Brands, Inc. is a licensing and brand management company with its core business rooted in the tattoo industry. From apparel and fashion, to consolidating the fragmented tattoo industry, artist and entrepreneur Ami James is arguably the most recognizable face in the tattoo world. The Company is based in Miami, Florida, the home of the legendary "Miami Ink" tattoo studio, the Love Hate Social Club.
For additional information regarding Ami James Brands, Inc. visit www.amijamesbrands.com.
Notice Regarding Forward-Looking Statements: Certain statements in this news release may contain forward-looking information within the meaning of Rule 175 under the Securities Act of 1933 and Rule 3b-6 under the Securities Exchange Act of 1934, and are subject to the safe harbor created by those rules. All statements, other than statements of fact, included in this release, including, without limitation, statements regarding potential future plans and objectives of the Company, are forward-looking statements that involve risks and uncertainties. There can be no assurance that such statements will prove to be accurate and actual results and future events could differ materially from those anticipated in such statements. The Company undertakes no duty to revise or update any forward-looking statements to reflect events or circumstances after the date of this release.