Elvis Presley Enterprises Selects eFashion Solutions, LLC to Manage Worldwide Web Retailing.MEMPHIS, Tenn. -- Elvis Presley Enterprises Elvis Presley Enterprises, Inc. (EPE) is a corporate entity created by the "Elvis Presley Trust" to conduct business and manage its assets. After Elvis Presley's death, Elvis's will appointed his father, Vernon Presley, as executor and trustee. (EPE EPE equine pituitary extract. ) announced today it has signed the nation's leading ecommerce provider, eFashion Solutions, LLC, (www.efashionsolutions.com) to manage the global web-retailing for officially licensed and trademarked Elvis products. eFashion Solutions, LLC will be responsible for the worldwide web-marketing and web-retailing for web, catalogue and fan club sales for all merchandise that bears the Elvis trademark, likeness and image of Elvis. "The business of internet retail is already a considerable aspect of our highly successful website, elvis.com," stated Carol Butler, Director of Worldwide Licensing for EPE. "After considerable searching, we are convinced that the eFashion Solutions team can help take us to the next level, particularly internationally." Over the next 18 months, eFashion Solutions, LLC plans to enhance the business by leveraging their international platform, including accepting foreign currency and providing faster and less expensive shipping to Elvis aficionados and fans from over 120 countries. eFashion Solutions, LLC (www.efashionsolutions.com) is a turn key eCommerce service provider which has been successful in creating profitable flagship web-stores for global consumers for the hottest celebrities of the day including Jennifer Lopez, Eminem, Russell Simmons, Kimora Lee Simmons Kimora Lee Simmons (born Kimora Perkins on May 4, 1975 in St. Louis, Missouri) is a retired model, the head of design for Baby Phat, KLS and an occasional actress. Biography Simmons is of Korean, Japanese and Black heritage. , JayZ and Damon Dash, Rapper Nelly and others. Launching 5 1/2 years ago with $3,000 and an idea, the husband and wife team of Edward Foy, Jr. and Jennifer Silano-Foy now employ over 100 in their Secaucus, NJ-based 71,000 sq. ft. warehouse/call center/design facility with revenues reaching $30M in 2004 with additional growth expected in 2005. "eFashion Solutions, LLC will assist EPE in continuing and expanding the legacy of Elvis Presley," stated Edward Foy, Jr. CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board. . "Our team believes foremost in high profit margin through leveraging brand integrity. And, although he passed away 28 years ago, Elvis continues to be the most recognized image in American pop culture and beloved around the world. The demographics of his fans are growing younger, so it makes sense for EPE to expand their business with a young organization with hip clients such as ours." Elvis Presley Enterprises, Inc. is based in Memphis, with additional offices in Los Angeles. In addition to Graceland and its related attractions in Memphis, including the Heartbreak Hotel, EPE is aggressively involved in a worldwide licensing program, merchandising, music publishing, and television, film, video and internet projects. For more information on EPE and Graceland, visit www.Elvis.com. EPE is a wholly owned subsidiary Wholly Owned Subsidiary A subsidiary whose parent company owns 100% of its common stock. Notes: In other words, the parent company owns the company outright and there are no minority owners. of CKX, Inc., a publicly traded company publicly traded company A company whose shares of common stock are held by the public and are available for purchase by investors. The shares of publicly traded firms are bought and sold on the organized exchanges or in the over-the-counter market. listed on the NASDAQ NASDAQ in full National Association of Securities Dealers Automated Quotations U.S. market for over-the-counter securities. Established in 1971 by the National Association of Securities Dealers (NASD), NASDAQ is an automated quotation system that reports on National Market System (NMS See NetWare Management System. ) under the ticker symbol CKXE. |
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