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ZA Group inc announces Acquisition of NFID
ZA Group inc announces Acquisition of NFID.
About this update from Za Group Inc.
[{"type":"text","content":"\n\n\n\nZA Group inc announces Acquisition of NFID\n\n/* Style Definitions */\nspan.prnews_span\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\na.prnews_a\n{\ncolor:blue;\n}\nli.prnews_li\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\np.prnews_p\n{\nfont-size:0.62em;\nfont-family:\"Arial\";\ncolor:black;\nmargin:0in;\n}\n\n\n\n\n\n\nZA Group inc announces Acquisition of NFID\nPR Newswire\nPENSACOLA, Fla., Oct. 12, 2021\n\n\n\nPENSACOLA, Fla., Oct. 12, 2021 /PRNewswire/ -- ZA Group, (OTCMARKETS: ZAAG) announces the acquisition of NFID. \nNFID is an active lifestyle brand. The brand's history is rooted in the expansion of consciousness and targeted to consumers at the intersection of surf, skate, trail running, yoga, meditation, and martial art cultures. NFID is a direct-to-consumer brand that produces apparel and accessories.\nNFID selectively collaborates with artists and influencers that bring authenticity and credibility to the brand.\nBill Bollander CEO of NFID stated, \"We are excited to partner with ZA Group and expand the brand's customer base and identity. The partnership will provide the resources and capital needed to rapidly increase the brand and its sales.\" \"We look forward to growing our digital footprint as the brand and products develop.\"\nAccording to Statista, the online fashion industry was valued over $439 billion in 2018. This staggering figure is projected to more than double that figure ($953 billion) by 2024, and is currently expected to surpass $758 billion by the end of 2021.\nJohn Morgan, President of ZA Group, \"I am excited to be working with NFID and what they can bring to the table through their network and expertise .\" \nForward Looking Statements:\nThis press release contains forward-looking statements. The words \"believe,\" \"may,\" \"estimate,\" \"continue,\" \"anticipate,\" \"intend,\" \"should,\" 'plan,\" \"could,\" \"target,\" \"potential,\" \"is likely,\" 'will,\" \"expect\" and similar expressions, as they relate to us, are intended to identify forward-looking statements. The Company has based these forward-looking statements largely on our current expectations and projections about future events and financial trends that we believe may affect our financial con...