MIAMI—Baci Lingerie, the new, hot brand of sexy lingerie, announced today it has signed an exclusive strategic distribution partnership agreement with Trade Line Group Ltd., the largest adult wholesaler in Hungary.
The agreement guarantees also to open a minimum of 60 Baci Lingerie mono-brand stores in the best locations throughout Hungary, which will create multimillion-dollar sales turnovers per year.
After a meeting in Las Vegas at the International Lingerie show, Baci Lingerie chose to partner with Trade Line Group Ltd. Since 1995, Trade Line Group, operating under Kenex Group Ltd, has been the market leader with one of the largest wholesale businesses in Hungary for the adult market and has owned and operated many shops and online stores.
Trade Line Group was the first company to pioneer the adult market in Hungary and was an instrumental factor in developing and opening the erotic industry in Hungary.
“The passion and dedication that Trade Line has shown to become No. 1 in their country and their knowledge and experience of the market in Hungary was extremely impressive," said Robert Rosen, chief operations officer of Baci Lingerie. “One of the things that impressed us the most about Trade Line Group was their unbelievable contacts and connections with all of the best malls and retail locations in Hungary, which will enable the opening of Baci Lingerie mono-brand stores in only prime locations. We were so impressed with Trade Line’s ability to quickly put a Baci Lingerie mono-brand store in the best location that we decided to open our first European Baci Lingerie mono-brand store in Hungary.”
The first store will be located in one of the best malls in Budapest and in a prime location directly next to the well-known brand Swarovski.
"We are extremely pleased to be partnering with Baci Lingerie, and very much looking forward to making this unbelievable brand No. 1 in Hungary,” commented Tamás Takács, chief executive of Trade Line Group Ltd. “We have been pioneering and leading the market in Hungary for the past 15 years and our experience and dedication make us a perfect fit to build a very strong brand in our country. Baci Lingerie has provided us with all the tools and support to deliver the ambitious and rapid growth we have planned for this brand.”
If you are interest in investing in Baci Lingerie mono-brand stores in your country, email [email protected].
