MIAMI, FL & BUENOS ARIES, ARGENTINA & LONDON, UK & NEW YORK, NY / ACCESSWIRE / February 2, 2023 / Maximiliano Ojeda, Chairman and CEO of MGO Global Inc. (NASDAQ:MGOL), operator of The Messi Store, (“MGO” or the “Company”), today issued the following letter to the Company’s shareholders:
“Dear MGO Shareholders,
“The successful completion of our IPO and the fact that our common stock is now traded on the Nasdaq Capital Market is a direct reflection of the efforts of our collective team of professionals who have never wavered in their confidence in MGO and have worked closely together to get the job done to do. This team included all of MGO’s employees, senior management and new board of directors, as well as our many trusted investment banking, legal and accounting partners, all of whom stayed in step as we went through the complex IPO process and are simply not appropriate to handle it In addition, I am humbled and incredibly grateful to the individual and institutional investors who have chosen to join us as co-shareholders as we continue our journey as a public company.
“MGO Co-Founder and Chief Design Officer Ginny Hilfiger and I began this journey nearly five years ago with a mission to build a world-class lifestyle brand portfolio company that empowers people to express their personal style and authenticity through high quality, thoughtful design and… Crafts express apparel, accessories and homeware. Anchored in our flagship brand, inspired by pro football phenom Leo Messi, MGO intends to use the capital raised from our IPO to help us achieve several key goals in 2023, including:
- Promote and reinforce the growth and expansion of The Messi Brand and The Messi Store,
- Leveraging the experience and industry influence of our seasoned leadership team to identify and pursue strategic opportunities that can accelerate our growth, and
- Efficiently replicating and scaling our proven end-to-end global branding platform.
“Since the beginning of 2020, the Messi Store has welcomed more than 6.6 million visitors worldwide and processed orders for customers in 124 countries and territories, according to data from our e-commerce platform provider Shopify The number of social media followers for Leo and The Messi Store has skyrocketed, resulting in a combined social media reach that now exceeds 549 million fans worldwide. More specifically, Leo’s social media followers now stand at 425 million on Instagram, 113 million on Facebook, 1.4 million on YouTube and 8.04 million on Weibo; and The Messi Store has reached 1.7 million followers on Instagram and nearly 276,000 on Facebook. In the coming year, we look forward to engaging this massive audience with creative programmatic advertising and social networking strategies designed to promote the Messi brand and significantly increase consumer traffic and sales of our premium Messi clothing line.
“As well as being immensely proud of our collaboration with Leo Messi to set The Messi Brand and The Messi Store on a path to success, Ginny and I are also incredibly proud of the management team we have assembled to take our company into the future The MGO team is made up of world-class business people with decades of experience who have helped build many of the world’s best-known lifestyle brands, including Tommy Hilfiger, FILA, Guess Jeans, Burberry, Hugo Boss and Salvadore Ferragamo, among others, and has complementary skills and expertise in fashion design, supply chain management, e-commerce, retail, finance, capital markets, brand marketing, social marketing and data science, among other key focus areas. I believe that together we are a true force – and we all share the same thing Core values and principled beliefs to create enduring value for our shareholders.We are too Lateral thinkers who intend to artfully push the boundaries of traditional branding g-strategies aiming to set entirely new standards for marketing successful brands and products from celebrities to fans and followers worldwide.
“Furthermore, the same care and diligence that we put into recruiting the ‘right’ management team has also been applied to building a terrific board with the diverse knowledge, skills and experience necessary to properly lead and direct an entrepreneurial, global , growth-oriented business are essential in today’s volatile public company environment. We couldn’t be more excited about the caliber of our new directors and the fact that they should prove to be force multipliers in MGO’s ongoing development. I encourage you to learn more about the impressive team at MGO by viewing the bios posted on our website at www.mgoglobalinc.com.
“We have been very fortunate to recruit creative, dedicated and hard-working stars to our team. We hope to recruit many more in the future and you can count on us to reward them and handle long-term growth strategies, we will measure our collective performance against metrics that best reflect success in our industry: customer and Sales growth, the extent to which our customers continue to buy from us regularly and the strength of The Messi Brand and any other brands that we may add to our portfolio in the future.
“In conclusion, we have worked tirelessly and intend to continue working to achieve our goals and we will never be discouraged by the hard work it takes to get us there.” It is important to us that you also know that we greatly appreciate your trust and recognize that your support is our greatest asset. Thank you again for joining us on this journey.”
About MGO Global Inc.
Founded in October 2018, MGO Global is headquartered in Florida with remote employees and specialist contractors in London, New York and Latin America. MGO Global is a performance-driven lifestyle brand portfolio company focused on strategically leveraging the fame, celebrity power and global social media influence of world-class athletes, entertainers and other cultural icons to deliver fresh, contemporary and compelling product and to create apparel brands aligned with and inspired by the values, personal style and aspirations of our valued brand partners. Anchored on MGO Global’s end-to-end, scalable brand development platform, coupled with its track record of leadership, industry relationships and expertise, the company launched The Messi Brand in late 2018 – a premium line of functional and athletic casual wear. Accessories and homeware inspired by legendary professional footballer Leo Messi and can be found at www.TheMessiStore.com. For more information about MGO Global, visit www.mgoglobalinc.com.
Cautionary Note Regarding Forward-Looking Statements
This press release contains forward-looking statements that involve various risks and uncertainties. Such statements include statements about the Company’s ability to grow its business and the Messi brand, as well as other statements that are not historical facts, including statements derived from the words “intend”, “may”, “will”, “plan”. can be accompanied. “expects”, “anticipates”, “forecasts”, “projects”, “estimates”, “aims”, “believes”, “hopes”, “potential” or similar words. Actual results could differ materially from those described in these forward-looking statements due to certain factors, including but not limited to the Company’s ability to achieve profitable business, customer acceptance of new products, the impact of the spread of the coronavirus (COVID-19) and future actions by the authorities in the countries where the company has supply chain partners, the demand for the company’s products and the economic situation of the company’s customers, the impact of competitive products and prices, the successful management and maintenance of the company’s licensing rights with Leo Messi management, general economic conditions and other risk factors set out in the Company’s filings with the United States Securities and Exchange Commission. The forward-looking statements contained in this press release are made as of the date of this press release and the Company assumes no obligation to update the forward-looking statements contained in this press release, except in accordance with applicable law.
CONTACT INFORMATION:
FOR MEDIA AND INVESTOR RELATIONS
MGO Global Inc.
Dodi Handy, Director of Communications
Telephone: +1 407-960-4636
E-mail: [email protected]
SOURCE: MGO Global
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