SOURCE: The Fashion House, Inc.

December 21, 2006 15:51 ET

The Fashion House's John Hanna Named to Footwear News "Power 100"

Company President and CEO Debuts on Annual List of Industry Leaders

LOS ANGELES, CA -- (MARKET WIRE) -- December 21, 2006 -- Footwear News released its most recent edition of the "Power 100" and included The Fashion House's (OTCBB: FHHI) CEO and President, John Hanna, on its annual list of footwear industry leaders. The list recognizes top executives from 50 wholesalers and 50 retailers.

According to Footwear News, "It's all about the powerful and the power hungry in our roundup of the most prominent executives in the footwear industry." Hanna made his debut on the list as number 49 of the wholesalers.

According to the ranking, "The Fashion House is a young company with ambitious goals. Founded four years ago, the firm already has footwear licensing deals with Richard Tyler, Oscar de la Renta, Bill Blass and Isaac Mizrahi. That could explain why Hanna's company is on pace for sales to jump more than 200 percent."

Hanna was joined on the list by industry leaders including Phil Knight and Mark Parker of Nike, Herbert Hainer of Adidas, Christian Louboutin of Christian Louboutin, Ron Fromm of Brown Shoe, Manolo Blahnik of Manolo Blahnik, Steve Madden from Steven Madden, Ltd. and Tamara Mellon of Jimmy Choo.

"It is an honor to be included on this list with so many successful footwear executives and visionaries," said Hanna. "It is really a tribute to the hard work of the entire company."

About The Fashion House, Inc.

The Fashion House is a design-driven footwear company that harnesses the established value of the world's most successful brands to bring quality women's footwear and glamour to the mass market through top department stores and other major retail channels. The Fashion House designs, manufactures, and licenses women's designer footwear for high-profile designer brands. The Company has signed exclusive worldwide licensing agreements with a number of global fashion industry leaders including Bill Blass, Oscar de la Renta, Richard Tyler and Isaac Mizrahi, to develop and design footwear product lines that bear these valuable brand names. The Fashion House actively pursues new business opportunities and continued growth in a strategy of acquisitions of sustainable niche brands, optimal penetration of existing sales channels and the expansion of Web-based and other traditional catalog operations. For additional information about our company, visit www.thefashionhouseinc.com.

Forward-Looking Statements

This news release contains "forward-looking statements." The Company intends forward looking terminology such as "believes," "expects," "may," "will," "should," "could," "anticipates," "plans" or similar expressions to identify forward-looking statements. All statements in this news release that are not statements of historical fact, including the statements that additional growth is expected, that additional designer licenses are intended to be obtained, that we hope to continue to grow our business by establishing new partnerships with the fashion world's most famous names, and we intend to expand our distribution, are forward-looking statements. Such statements are subject to certain risks and uncertainties which could cause the Company's actual results to differ materially from those anticipated by the forward-looking statements. These risks and uncertainties include, but are not limited to, those described in the Company's periodic reports filed with the United States Securities and Exchange Commission. The Fashion House assumes no obligation to update these forward-looking statements, and does not intend to do so. This document is not construed to be an offer to sell or the solicitation of an offer to buy any securities in any jurisdiction where such an offer would be illegal. No action is being solicited based upon this material. This document is for the general information of potential investors, partners and other interested parties. Opinions expressed are the Company's current opinions as of the date appearing on this document. No representation is made that the information herein is accurate, or reliable or complete. In fact, readers of this press release are expressly cautioned that the information referenced herein is incomplete because comprehensive disclosures on The Fashion House, Inc., including audited financial statements, have not yet been made.

Contact Information

  • CONTACT:
    Jennifer Hinkle
    The Fashion House, Inc.
    (323) 939-3031