Monday, July 26, 2010

Mad Gabs Reports Big Boost in Sales

PPH:
Owner and founder Gabrielle Melchionda credits the products' low price point at
under $15 as the "magic number" that has allowed the 19-year-old company to
continue to grow despite a recession that has hurt the tourism and travel
businesses. Financial details were not released, but she said the privately
owned company has had a 40 percent increase in sales in the last year.
- John C.L. Morgan

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