Sherwin Nelson
Monroe Township, NJ (USA)
Role(s):
Clipse
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Startup
Location:
Monroe Township
Industry:
Apparel
Year Founded:
2006
Number Employees:
INVALID
Description:
Over the past six years, the fashion and apparel industry within the United States has rebounded to a point equal to its 2000 record setting peak ($176 billion). 2007 is
expected to be a record breaking year. One of the major growth drivers to the apparel market is moderately-priced fashion accessory lines. Clipse, Inc. will enter into and compete for space in this new market. Clipse Inc. has a new and patented
fashion accessory that not only creates a stylish add-on to current styles but also prolongs the life of clothing--pants in
particular.
Clipse Inc. projects that it can attain gross sales of $1.2 million during the first year with the introduction of its fashion accessories. Clipse Inc. then plans to increase gross sales by 239% with the introduction of a supportive line of fa