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LUVE (LUVE Sports)


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luveLUVE Sports, Inc. (LUVE) is a sports distribution company who, over the years, has developed new technologies and products aimed to continually revolutionize the tennis game. However, after becoming the leading brand in Mexico, the company is currently in progress to expand into the South American markets; specifically Brazil, Colombia, Ecuador, Peru, and Venezuela.

The company is the preferred product line of Top Ranking Professional Tennis Athletes, including Mike & Bob Bryan, David Ferrer, Maria Sharapova, John Isner, Marion Bartoli and Lisa Raymond because of the company’s consistent introduction of new high-performance tennis products. Their long history of innovations includes developing the first electronic tennis ball machine, “Natural Foot Shape” footwear, and the first “synthetic gut” string.  luve productsAdditionally, the company has introduced a line of racquet technologies built with a larger sweet spot, innovative string technology, and an improved power/weight ratio that has developed a strong reputation among professional tennis players and other sporting enthusiasts.

The product line further expands to the company’s offering of Squash and Ektelon, two additional forms of the Racquetball sport. As so, they are a key sponsor and partner of the U.S Squash Association and are strongly supported by additional U.S top players and coaches. Similarly, LUVE’s Ektelon division also holds a strong reign as a leader in the sport of racquetball as they have introduced more technologies and programs to the sport than any other current company.

Other customers who are fond of LUVE Sports product line include the wholly owned subsidiary of Walmart USA, Walmart Mexico, Sears Mexico, and Liverpool. However, customer expansion has begun as the company has Developed an Online Product Strategy by partnering with Clickonero, the Latin American version of the U.S based coupon website, Groupon. Furthermore, because of the well-liked brand, LUVE has financial objectives of creating sales of approximately $1.9 million, $7.5 million, and $15 million over the upcoming years of 2013-2015, respectively.

 

Symbol:  LUVE   [ Current PPS:  $0.068   Outstanding Shares:  43.2M     Float: 8.2M    – a/o December 10, 2013 ]

luve chart

Website: www.luvesports.com

 

Market

  • The Global Sporting Goods Industry is set to reach $303 billion by 2015
  • The U.S Sporting Goods market was valued at over $80 billion in 2012
  • Mexico is the largest country in Latin America known for importing sporting goods.
  • Last year alone, the mid to high end retail store “Liverpool” had Revenues of $4 billion within its 85 retail stores. 
  • Walmart Mexico has a strong presence in the country with over 2,000 locations
  • Liverpool, a department store chain, has over 195 locations
  • Sears Mexico operates over 75 stores throughout Mexico and is operated by Grupo Carso, one of the largest conglomerates in Mexico that was last valued well over $6 billion in 2007.
  • Over 41 million active customers are part of Groupon since its introduction in 2008 and is currently worth over $6 billion.

 

Recent News

 

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