SOURCE: Total Luxury Group, Inc.

April 12, 2007 06:00 ET

New Total Luxury Group Apparel Subsidiary Begins Shipping Major Accounts: Hot Topic and Others

NEW YORK, NY -- (MARKET WIRE) -- April 12, 2007 --Total Luxury Group, Inc. (OTCBB: TLEI) announced today that its wholly owned subsidiary International Apparel Group ("IAG") has begun shipping its initial orders under its Y Brands labels to various retail stores, including Hot Topic and Von Maur.

Hot Topic is a division of Hot Topic, Inc., which operates two distinct specialty retail concepts: Hot Topic and Torrid. The chain has over 600 stores covering all 50 states and Puerto Rico. Over the next three months, Y brands is scheduled to ship roughly 24,000 units to Hot Topic for late spring and summer deliveries.

Hot Topic's target customers are young men and women between the ages of 12 and 22 who are passionate about rock music, pop culture and music-inspired fashion. "Hot Topic is a very important customer for Y Brands because it positions the company directly to a key segment of our target market," said Janon Costley, COO of Total Luxury Group, Inc.

Y Brands' creative director, Jeffrey Wu, was quoted in this month's Street Wear issue of DNR men's retail magazine stating, 'European fashion is my true inspiration and I believe Europe is still the trend leader but rock & roll right now is the hottest. Everything is influenced by rock & roll and we have developed product specifically with that customer in mind.' This makes Hot Topic a perfect fit for that particular segment of Y Brands product assortment.

Von Maur is a department store chain in the Midwestern United States. The chain, based in Davenport, Iowa, sells mostly high-quality brand-name clothing and luxury goods. As of March 2007, the chain has 22 stores in nine states. All of its stores are anchors of shopping malls or lifestyle centers.

About Total Luxury Group, Inc.

Total Luxury Group, Inc., which currently holds a distributorship agreement for MCM, AG, has been seeking additional opportunities within the consumer products industry for acquisition of companies that have a proven management team and desirable products or services. In July of 2006, Total Luxury Group, Inc. acquired International Apparel Group, Inc., an apparel holding company that, through its subsidiary companies, manufactures and sells apparel to major retailers and distributors around the world. In addition, the company has entered into licensing agreements for the marks Y-Chrome, Type Y, YMLA, Cabral and GC by Cabral.

The Company previously announced a restructuring plan that will include the spin-off of its apparel operations including its subsidiary International Apparel Group, Inc., and the registration of its shares for trading as a separate public company. Under the plan, shareholders of record on the record date of the spin-off will, in addition to their current holdings, become shareholders of the new public company.

Company president Robert D. Bonnell previously stated, "Since we are now pursuing two different business models in two different industries, we think this plan is the most viable way to maximize shareholder value."

Although the Company has not yet set a record date for the spin-off, it has announced that it will immediately begin to investigate the legal and other requirements for the restructuring, including compliance with the relevant state, federal and SEC rules and regulations. The Company is advised that the restructuring and registration process could take as long as 6 - 12 months or more before completion, based on the legal requirements for shareholder, state and federal approval, SEC approval and SEC effectiveness. The record date will be set and announced in accordance with the corporate laws of Indiana and the Company's by-laws.

Except for historical information contained herein, the matters discussed in this press release contain forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended that involve substantial risks and uncertainties. When used in this press release and in any documents incorporated by reference herein, the words "expects," "will" and similar expressions identify certain of such forward-looking statements. Actual results, performance, or achievements could differ materially from those contemplated, expressed, or implied by the forward-looking statements contained herein. These forward-looking statements are based largely on the expectations of management and are subject to a number of risks and uncertainties that are subject to change based on factors which are, in many instances, beyond the Company's control. These include, but are not limited to, risks and uncertainties associated with: the impact of economic, competitive, and other factors affecting the Company and its operations; and other risk factors. TLEI cautions that the foregoing factors are not exclusive. TLEI assumes no obligation to update the information contained in this press release.

Contact Information

    International Apparel Group, Inc.
    Janon Costley
    (305) 892-6744