Nexia Holdings announced that the Wall Street Reporter Magazine published an interview featuring the President and CEO of Nexia, Richard Surber. The full interview can be found at the Wall Street Reporter’s website in streaming audio and mp3 format.
The CEO stated in the interview, “The predominant focus right now is on Gold Fusion Laboratories, which is the company that owns our Black Chandelier clothing label. The other focus is on Landis LLC, and Landis LLC owns the Landis Lifestyle Salon, which is the template that we’re going to use to acquire as many of these salons as we possibly can.”
Some of the highlights discussed include: how the company’s consumer ventures doubled its revenue, the Black Chandeleir’s brand potential as the company looks to expand nationally, the company’s plans to expand the Landis beauty salon concept into an Aveda-compliant chain by year’s end, and its substantial real estate held throughout Utah.
Mr. Suber commented, “We’re on track at a minimum to generate $3.2 to $3.4 million in gross revenues from the Landis-Black Chandelier operations and then other revenues probably total half a million.” He concluded, “I think that’s a pretty good start.”
Let us hear your thoughts: Nexia Holdings Message Board