Inca Designs Inc. (IDGI), based out of New York, New York, designs, sources and sells high fashion designer swimwear, resort wear and accessories for the wholesale and retail markets. The company goes under the brand names Inca, Incagirl, Incabag and Inca Junior, and markets its apparel through nearly 100 upscale department and specialty stores such as Barneys New York, Bergdorf Goodman, Saks Fifth Avenue and Neiman Marcus. Inca’s branded, high quality apparel retails at prices below other designer brands, making it competitive with other contemporary high-fashion brands.
In October 2007, Inca launched a new line of “Inca Junior” children’s apparel for boys consisting of lightweight shirts, tunics, shorts, and lounge pants. Inca Girl is a collection for girls ages 3 to 11. The company also introduced a new line of home accessories, which include luxury silk pillows, embroidered towels, table cloths and other items, and at some time in the future may introduce its own jewelry, footwear, intimate apparel, fashion accessories and furniture lines.
Inca recently opened a flagship store on New York’s Upper East Side and a second store, to be located in Miami’s South Beach area, is expected to open soon. The company also plans to open two more stores in key resort locations this year, as well as in Atlanta, Las Angeles, Dubai, Macau, London, St. Tropez, Hawaii and Mexico. Approximately $500,000 in sales have been booked in early 2008 and the company anticipates reaching the $3M milestone in annualized sales over the next 12 to 18 months.
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