Latest news with #NaplesSoapCompany
Business Wire
29-05-2025
- Business
- Business Wire
Naples Soap Company Engages Samson Marshall to Drive Expansion and Operational Excellence
NAPLES, Fla.--(BUSINESS WIRE)-- Naples Soap Company, Inc. (OTCQB: NASO), a pioneering health and wellness brand offering premium-quality skin and hair care products, today announced the engagement of Samson Marshall Inc. to help expand the Naples Soap brand and to scale the business sustainably. With experience spanning over 17 countries, Samson Marshall has been instrumental in launching more than 30,000 miles of supply chain routes and has raised over $200 million in external financing across three continents. Their team is comprised of seasoned professionals with backgrounds in multinational conglomerates such as PepsiCo, L'Oréal, and Nestlé, bringing a wealth of expertise to their client engagements. Deanna Wallin, Founder and CEO of Naples Soap Company, commented, 'This collaboration with Samson Marshall represents a monumental step forward for our Company. Their extensive expertise in global expansion and operational efficiencies can empower us to scale our business and broaden our reach while upholding our commitment to delivering high-quality, innovative products.' About Samson Marshall Samson Marshall Inc. is a management consulting firm based in Miami, Florida, specializing in supporting emerging companies in the consumer goods, health and wellness, and technology sectors. The firm offers a comprehensive suite of services designed to facilitate international expansion, operational efficiency, and sustainable growth. About Naples Soap Company, Inc. Founded in 2009, Naples Soap Company is a supplier of over 600 bath, body and personal care products. Products are sold at the Company's 13 retail stores in Florida, online at and in stores throughout the United States via the Company's wholesale division. Forward-Looking Statements This press release contains forward-looking statements. In addition, from time to time, we or our representatives may make forward-looking statements verbally or in writing. We base these statements on our expectations and projections about future events, which we derive from the information currently available to us. Such forward-looking statements relate to future events or our future performance, including: our financial performance and projections, business prospects and opportunities. You can identify forward-looking statements by those statements that use terminology such as 'may,' 'should,' 'expect,' 'anticipate,' 'contemplate,' 'estimate,' 'believe,' 'plan,' 'projected,' 'predict,' 'potential,' or 'hope' or the negative of these or similar terms. This document specifically contains forward-looking statements regarding the ultimate impact(s), if any, of our strategic initiatives, including whether our initiatives will ultimately result in increased visibility, enhanced liquidity, greater access to capital, scalable growth, and enhanced shareholder value. When evaluating these statements, you should consider various factors, including: our ability to keep pace with new technology and changing market needs; our ability to finance our intended development; and the competitive environment of our business. These and other factors may cause our actual results to differ materially from any forward-looking statement. We are not obligated to publicly update or revise any forward-looking statements except as required by law.
Business Wire
27-05-2025
- Business
- Business Wire
Naples Soap Company Upgrades to OTCQB
NAPLES, Fla.--(BUSINESS WIRE)-- Naples Soap Company, Inc. (OTCQB: NASO), a pioneering health and wellness brand, today announced that the Company's shares of common stock were upgraded to the OTCQB Venture Market on May 22, 2025. The Company's common stock symbol, 'NASO,' will remain unchanged. The OTCQB Venture Market serves entrepreneurial and early-stage U.S. and international companies. To be listed, companies must maintain current financial reporting standards and complete an annual verification and management certification process. Investors can access real-time quotes and market data at Deanna Wallin, Founder and CEO of Naples Soap Company, stated, 'Our uplisting to the OTCQB Venture Market marks a key advancement in our capital markets strategy and underscores our commitment to strong corporate governance and financial transparency. We expect this move to significantly increase NASO's visibility among investors, enhance liquidity, and support broader access to growth capital. Following the successful execution of our strategic turnaround and financial restructuring, we believe we are well-positioned for scalable growth and long-term value creation in the evolving retail landscape.' About Naples Soap Company, Inc. Founded in 2009, Naples Soap Company is a supplier of over 600 bath, body and personal care products. Products are sold at the Company's 13 retail locations in Florida, online at and in more than 300 stores throughout the United States via the Company's wholesale division. Visit for more information. Forward-Looking Statements This press release contains forward-looking statements. In addition, from time to time, we or our representatives may make forward-looking statements verbally or in writing. We base these statements on our expectations and projections about future events, which we derive from the information currently available to us. Such forward-looking statements relate to future events or our future performance, including: our financial performance and projections, business prospects and opportunities. You can identify forward-looking statements by those statements that use terminology such as 'may,' 'should,' 'expect,' 'anticipate,' 'contemplate,' 'estimate,' 'believe,' 'plan,' 'projected,' 'predict,' 'potential,' or 'hope' or the negative of these or similar terms. This document specifically contains forward-looking statements regarding the ultimate impact(s), if any, of our strategic initiatives, including whether our initiatives will ultimately result in increased visibility, enhanced liquidity, greater access to capital, scalable growth, and enhanced shareholder value. In evaluating these statements, you should consider various factors, including: our ability to keep pace with new technology and changing market needs; our ability to finance our intended development; and the competitive environment of our business. These and other factors may cause our actual results to differ materially from any forward-looking statement. We are not obligated to publicly update or revise any forward-looking statement except as required by law.
Yahoo
27-05-2025
- Business
- Yahoo
Naples Soap Company Upgrades to OTCQB
NAPLES, Fla., May 27, 2025--(BUSINESS WIRE)--Naples Soap Company, Inc. (OTCQB: NASO), a pioneering health and wellness brand, today announced that the Company's shares of common stock were upgraded to the OTCQB Venture Market on May 22, 2025. The Company's common stock symbol, "NASO," will remain unchanged. The OTCQB Venture Market serves entrepreneurial and early-stage U.S. and international companies. To be listed, companies must maintain current financial reporting standards and complete an annual verification and management certification process. Investors can access real-time quotes and market data at Deanna Wallin, Founder and CEO of Naples Soap Company, stated, "Our uplisting to the OTCQB Venture Market marks a key advancement in our capital markets strategy and underscores our commitment to strong corporate governance and financial transparency. We expect this move to significantly increase NASO's visibility among investors, enhance liquidity, and support broader access to growth capital. Following the successful execution of our strategic turnaround and financial restructuring, we believe we are well-positioned for scalable growth and long-term value creation in the evolving retail landscape." About Naples Soap Company, Inc. Founded in 2009, Naples Soap Company is a supplier of over 600 bath, body and personal care products. Products are sold at the Company's 13 retail locations in Florida, online at and in more than 300 stores throughout the United States via the Company's wholesale division. Visit for more information. Forward-Looking Statements This press release contains forward-looking statements. In addition, from time to time, we or our representatives may make forward-looking statements verbally or in writing. We base these statements on our expectations and projections about future events, which we derive from the information currently available to us. Such forward-looking statements relate to future events or our future performance, including: our financial performance and projections, business prospects and opportunities. You can identify forward-looking statements by those statements that use terminology such as "may," "should," "expect," "anticipate," "contemplate," "estimate," "believe," "plan," "projected," "predict," "potential," or "hope" or the negative of these or similar terms. This document specifically contains forward-looking statements regarding the ultimate impact(s), if any, of our strategic initiatives, including whether our initiatives will ultimately result in increased visibility, enhanced liquidity, greater access to capital, scalable growth, and enhanced shareholder value. In evaluating these statements, you should consider various factors, including: our ability to keep pace with new technology and changing market needs; our ability to finance our intended development; and the competitive environment of our business. These and other factors may cause our actual results to differ materially from any forward-looking statement. We are not obligated to publicly update or revise any forward-looking statement except as required by law. View source version on Contacts Hanover International, Cusumano, Presidentinvestorrelations@ Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Associated Press
08-04-2025
- Business
- Associated Press
Naples Soap Company, Inc. Announces Strategic Turnaround, Organizational and Financial Restructuring
Naples Soap Company, Inc. (the 'Company') (OTCPK: NASO), a leading provider and innovator of skin and hair care products made with natural ingredients, today announced the successful execution of a strategic, companywide organizational and financial turnaround with plans that have been underway for the past six months. This initiative, implemented across all business functions, is designed to position the Company for sustainable long-term growth, increased operational efficiency, product line innovations and enhanced shareholder value. In response to the financial impacts of Hurricanes Helene and Milton in the fall of 2024, new market trends, the Company's then financial structure, and a profitability assessment, Naples Soap Company proactively launched a robust internal review and overhaul, focused on mitigating weather-related disruptions and strengthening the Company's operational and financial foundation. The Company has taken strategic steps to minimize future vulnerabilities to seasonality, expanded nationwide sales channels, and immersed in new innovation. The turnaround addressed every aspect of financial structure, internal departments, and external business channels, including Retail, Wholesale, and E-commerce, with an emphasis on financial and human performance, accountability, and increasing profitability. Underperforming functions were either restructured, reimagined, or slated for elimination. Specific areas of transformation include: Structural and Financial Efficiencies: Detailed financial modeling, simulations, and data-driven restructuring efforts have already resulted in enhanced budget alignment as well as improved operational and cost efficiencies that are producing measurable bottom line positive results. R&D Innovations and Introducing New Products: The Company started a drive toward technology innovation and related products for skin care and wellness and plans to continue this focus through 2025 as it launches new product lines including botanical stem cell technology as well as enhanced product offerings with higher priced retail technology personal care devices. Retail and Wholesale Enhancements: Store-by-store performance evaluations, merchandising strategy adjustments, and restructured wholesale partnerships have improved margins and strengthened market presence. E-Commerce Revamp: Naples Soap Company completed a thorough digital channel analysis and optimized e-commerce operations by renegotiating digital management fees, upgrading platforms, and shifting away from underperforming sales channels, such as Amazon. Expense Optimization: Companywide reviews led to right-sized payroll budgets, improved software utilization, streamlined marketing, reduced merchandising expenses, and tighter retail operational cost controls. 'As we complete this critical restructuring phase, we are more confident than ever in Naples Soap Company's future,' said Deanna Wallin, Founder and CEO of Naples Soap Company. 'This comprehensive turnaround strategy strengthens every aspect of our business and sets the foundation for long-term growth and success. Our commitment to driving shareholder value is unwavering, and we believe the steps we've taken will not only improve near-term performance but also unlock the full potential of our brand and operations in the years ahead.' About Naples Soap Company, Inc. Naples Soap Company is a provider of high-quality skin and hair care products with a growing presence across retail, wholesale, and digital channels. Founded in 2009, the Company is known for its commitment to clean beauty, customer wellness, and product innovation. Forward-Looking Statements This press release contains forward-looking statements. In addition, from time to time, we or our representatives may make forward-looking statements verbally or in writing. We base these forward-looking statements on our expectations and projections about future events, which we derive from the information currently available to us. Such forward-looking statements relate to future events or our future performance, including: our financial performance and projections and our business prospects and opportunities. You can identify forward-looking statements by those statements that use terminology such as 'may,' 'should,' 'expect,' 'anticipate,' 'contemplate,' 'estimate,' 'believe,' 'plan,' 'projected,' 'predict,' 'potential,' or 'hope' or the negative of these or similar terms. This document specifically contains forward-looking statements regarding the ultimate impact(s), if any, of our strategic initiatives, including whether our initiatives will ultimately result in increased operational efficiencies, expense reduction, sales growth, and enhanced shareholder value. In evaluating these forward-looking statements, you should consider various factors, including: our ability to keep pace with new technology and changing market needs; our ability to finance our intended development; and the competitive environment of our business. These and other factors may cause our actual results to differ materially from any forward-looking statement. We are not obligated to publicly update or revise any forward-looking statement except as required by law. Hanover International, Inc. SOURCE: Naples Soap Company Copyright Business Wire 2025. PUB: 04/08/2025 08:45 AM/DISC: 04/08/2025 08:47 AM
