SOURCE: Bergio International
FAIRFIELD, NJ--(Marketwired - May 1, 2014) - Bergio International, Inc. (OTCQB: BRGO) ("Bergio" or the "Company") announces updates involving the opening of the first Bergio flagship store and the launch of a new watch line.
Bergio would like to announce plans for the creation of the Company's first flagship store, "Bergio Boutique" in New Jersey. The lease has been signed and the official opening is tentatively scheduled for the first week of October 2014. The Company is also exploring the opportunity to open a second flagship store in Moscow.
Bergio would also like to announce the creation of a new line of women's watches.
Berge Abajian, CEO of Bergio I, stated, "I am very pleased with the new direction Bergio is taking on. We are in the beginning stages of opening the first flagship store in New Jersey, which we believe will be a stepping stone toward future expansion as well as a platform for direct consumer sales. The creation of a brick-and-mortar store is something the Company has been considering for a while. The Company believes that the opening of the store will benefit our gross margins and help by bringing in a new regular revenue stream."
He added, "In order to boost our Russian presence, the Company is in the preliminary stages of exploring the opportunity to build a second flagship store in Moscow, which will be controlled directly by Bergio. The products sold in the Russian boutique will be exclusive to Bergio and will be manufactured hand in hand with Estet."
He continued, "In order to enhance these expansions, we find it important to create a Bergio watch with plans to launch the line in early 2015. The watch will be sold in conjunction with a Bergio scarf in a single package. Initially, these will be featured almost exclusively in Bergio Boutiques and the Company will explore the possibility of eventually partnering with a major retailer to carry in their stores."
About Bergio International, Inc.
Bergio International, Inc. is a leading jeweler creating a diversified jewelry designer and manufacturer through acquisitions and consolidation in the estimated $160 billion a year highly fragmented independently owned jewelry industry. Bergio currently sells its jewelry to approximately 50 jewelry retailers across the United States. Bergio has manufacturing control over its line through its manufacturing facility in New Jersey, as well as subcontracts with facilities in the United States and Italy.
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