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UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

WASHINGTON, D.C. 20549

  

FORM 8-K

 

CURRENT REPORT

Pursuant to Section 13 OR 15(d) of The Securities Exchange Act of 1934

 

Date of Report (Date of earliest event reported): April 13, 2023

 

LSEB CREATIVE CORP.

 (Exact name of registrant as specified in its charter)

 

Wyoming   333-1260873   83-4415385
(State or other jurisdiction of incorporation)   (Commission File Number)   (IRS Employer Identification No.)

 

30 N. Gould St #4000

Sheridan, WY 82801

(Address of principal executive offices)(Zip Code)

 

Registrant’s telephone number, including area code: 800-701-8561

 

N/A
(Former name or former address, if changed since last report)

 

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instruction A.2. below):

 

o Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

o Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

o Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

o Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

 

 

Securities registered pursuant to Section 12(b) of the Act: NONE

 

 

Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).

 

Emerging Growth Company o

 

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. o

 

 

Item 7.01 Regulation FD Disclosure. 

 

Production Order

On April 13, 2023, LSEB Creative Corp. (the “Company”) issued a press release announcing it has placed its initial Purchase Order for Lauren Bentley Swimwear, the brand in which operates under the Company. The production order for the brand’s first collection was placed with a renowned garment manufacturer based in Portugal. The Company expects to receive its production order of swimwear garments in June 2023. Upon which, the Company will launch the brand, Lauren Bentley Swimwear (LBS), and open its ecommerce platform, laurenbentleyswim.com, to the public for product purchase.

The Lauren Bentley Swimwear High Summer 2023 collection is comprised of elevated swimwear essentials for men and women. Totaling 44 SKUs, women are offered a selection of nine styles in four colorways, and men two styles in two inseam lengths, each in two colorways. The collection was developed with precision, ensuring superior fabrics and trims, craftsmanship, and fit and function. This attention to detail was made possible by the strategic partnership made with the manufacturer.

 

Item 8.01. Other Events.

 

LSEB Creative Corp. Disclosure Channels To Disseminate Information

LSEB Creative Corp. investors and others should note that we announce material information to the public about our company, products and services and other issues through a variety of means, including LSEB’s website, press releases, Securities and Exchange Commission filings, blogs and social media, including both the Company and the Chief Executive Officer’s social media accounts, in order to achieve broad, non-exclusionary distribution of information about the Company to the public. We encourage our investors and others to review the information we make public in the locations below as such information could be deemed to be material information. Please note that this list may be updated from time to time.

Interested in keeping up with LSEB?

For more information on LSEB and its products, please visit: laurenbentleyswim.com

For more information on LSEB and its products, please visit Instagram: laurenbentleyswim

For more information for LSEB investors, including press releases, please visit: lsebcreative.com

For additional information, please follow LSEB’s Twitter accounts: twitter.com/lsebcreative 

 

 

LSEB Investor Deck

 

The Company expects to use or make available the presentation attached as Exhibit 99.2 to this Current Report on Form 8-K (the “Investor Deck”) and incorporated herein by reference, in whole or in part, and possibly with modifications, in connection with presentations to investors, analysts and others and to make the Investor Deck, possibly with modifications, available on its website at lsebcreative.com. The information contained in the Investor Deck is summary information and may contain forward-looking statements that are subject to risks and uncertainties, including those set forth in the Company’s filings with the Securities and Exchange Commission (the “SEC”). The information in the Investor Deck is as of March, 2023, and the Company undertakes no obligation to publicly update or revise the information contained in the Investor Deck or this Item 8.01, except as required by law, although it may do so from time to time. Any such updating may be made through the filing of other reports or documents with the SEC, press releases, disclosure on the Company’s website or other means of public disclosure.

 

 

This Current Report on Form 8-K includes certain statements that are “forward-looking statements” within the meaning of the Private Securities Litigation Reform Act of 1995. Any statement in this report that is not a statement of historical fact may be deemed to be a forward-looking statement. We often use these types of statements when discussing our plans and strategies, our anticipation of revenues from designated markets and statements regarding the development of our businesses, the markets for our services and products, our anticipated capital expenditures, operations, support systems, changes in regulatory requirements and other statements contained in this report regarding matters that are not historical facts. When used in this report, the words “expect,” “anticipate,” “intend,” “plan,” “believe,” “seek,” “estimate” and other similar expressions are generally intended to identify forward-looking statements. Because these forward-looking statements involve risks and uncertainties, actual results may differ materially from those expressed or implied by these forward-looking statements. There can be no assurance that: (i) we have correctly measured or identified all of the factors affecting us or the extent of their likely impact; (ii) the publicly available information with respect to these factors on which our analysis is based is complete or accurate; (iii) our analysis is correct; or (iv) our strategy, which is based in part on this analysis, will be successful. We do not assume any obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise.

 

 

Disclaimer

 

This communication is for informational purposes only and is neither an offer to purchase, nor a solicitation of an offer to sell, subscribe for or buy any securities or the solicitation of any vote in any jurisdiction, nor shall there be any sale, issuance or transfer of securities in any jurisdiction in contravention of applicable law. No offer of securities shall be made except by means of a prospectus meeting the requirements of Section 10 of the Securities Act.

 

  

Item 9.01 Financial Statement and Exhibits

  

(d) Exhibits

 

Exhibit No. Description
99.1 Press Release dated April 13, 2023
99.2 Investor Presentation dated March, 2023
104 Cover Page Interactive Data File (formatted as Inline XBRL).

 

 

 

  

SIGNATURES 

 

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

 

    LSEB Creative Corp.
     
Date: April 13, 2023.   /s/ Lauren Bentley
    Lauren Bentley
    Chief Executive Officer, Chairman of the Board of Directors

 

 

 

 

Exhibit 99.1 

 

LSEB Creative Corp Places First Production Order for Brand, Lauren Bentley Swimwear, and Commences Trading on OTC Markets

 

April 13, 2023 – LSEB Creative Corp. (OTC Pinks: LSEB) (the “Company” or “LSEB”) is pleased to announce it has placed its initial Purchase Order for Lauren Bentley Swimwear, the brand in which operates under the Company. The production order for the brand’s first collection was placed with a renowned garment manufacturer based in Portugal. The Company expects to receive its production order of swimwear garments in June 2023. Upon which, the Company will launch the brand, Lauren Bentley Swimwear (LBS), and open its ecommerce platform, laurenbentleyswim.com, to the public for product purchase.

The Lauren Bentley Swimwear High Summer 2023 collection is comprised of elevated swimwear essentials for men and women. Totaling 44 SKUs, women are offered a selection of nine styles in four colorways, and men two styles in two inseam lengths, each in two colorways. The collection was developed with precision, ensuring superior fabrics and trims, craftsmanship, and fit and function. This attention to detail was made possible by the strategic partnership made with the manufacturer.

Partnership with a highly capable and established manufacturer was key to achieving product quality that will allow the Company to position the brand as a leader in the luxury swimwear industry; An industry that is forecasted to expand at a CAGR of 5.8% between 2021 and 2028, reaching USD 31.1 billion (businessresearchinsights.com). The brand’s manufacturing partner is a leader in its industry, working with revolutionary technologies and dedicating themselves to ecological and social responsibilities. The manufacturer holds numerous certifications, such as The Global Standard for Organic Textiles (GOTS), 100% Green Energy, Global Recycled Standard (GRS), Recycled Claim Standard (RCS).

In addition to said partnership, the Company has reached a second milestone; LSEB, who is a reporting issuer with the SEC, has now commenced trading on the OTC Markets platform under the symbol “LSEB”. Investors can find current financial information at sec.gov or otcmarkets.com. OTC Markets provides the Company with an efficient and transparent trading market for the Company’s stock while expanding our visibility and shareholder base around the world. This achievement has come as a result of extensive effort put forward by the Company’s officers, all of whom are determined to leverage this resource to further the success of both the Company and brand. With trading having commenced, we expect to attract significant institutional and retail investment interest, allowing us to engage with a broader audience of investors as we continue to advance our portfolio of products.

Lauren Bentley, the Company’s CEO, commented “Partnering with an accomplished manufacturer who aligns with our brand’s quality standards and values is a pivotal and necessary accomplishment. Furthermore, placing our initial production order with this factory is a celebratory moment in the incubation of the brand. I am acutely aware of how necessary the right partnerships are, especially when it comes to product.” She added, “Myself and my team are proud of the product we’ve designed and developed. Materials and fit have been looked at and re-looked at with meticulous attention. And, with product and positioning polished, Lauren Bentley Swimwear is poised for a prosperous first year of production and sales.”

 

 

 

Certain statements in this document that are not historical facts are “forward-looking statements” within the meaning of the Private Securities Litigation Reform Act of 1995. Such statements may be identified by the use of words such as “anticipate, “believe,” “expect,” “future,” “may,” “will,” “would,” “should,” “plan,” “projected,” “intend,” and similar expressions. Such forward-looking statements, involve known and unknown risks, uncertainties and other factors that may cause the actual results, performance or achievements of LSEB Creative Corp. to be materially different from those expressed or implied by such forward-looking statements. The Company’s future operating results are dependent upon many factors, including but not limited to: (i) the Company’s ability to obtain sufficient capital or a strategic business arrangement to fund its current operational or expansion plans; (ii) the Company’s ability to build and maintain the management and human resources and infrastructure necessary to support the anticipated growth of its business; and (iii) competitive factors and developments beyond the Company’s control.

 

 

 

For more information, please contact:

LSEB Creative Corp.

Lauren Bentley, President

1-800-701-8561

info@lsebcreative.com

 

 

 

 

 

 

 

 

Exhibit 99.2

 

 

LSEB INVESTOR PRESENTATION Updated March 2023

 

 

BUSINESS OVERVIEW LSEB Creative Corp., a Wyoming corporation, has a vision to become a leading retailer in the global luxury fashion industry. With innovation and uncompromising quality at the forefront of our business, we plan to build a brand roster that tells a story of classic romance through modern expression. Our model is built on the foundation of reimagining fashion and catering to the new world. We support our brands in becoming global leaders by nurturing creative expression and social responsibility. In the following presentation, you will gain key strategy and insigts for the LSEB Creative Company and its brand, Lauren Bentley Swimwear. LAUREN BENTLEY SWIMWEAR With our first operating, Lauren Bentley Swimwear, launching in Summer 2023, the Company has already aligned itself for longterm success and recognition.

 

 

 

LAUREN BENTLEY CEO, LSEB Creative Corp. Lauren Bentley leads our design efforts and plays a central role in both brand and corporate strategy. After graduating with an Advanced Diploma in Fashion Business Management, Lauren quickly climbed the ladder of her career, gaining key experience in the areas of wholesale, product development, sourcing, and finance. Lauren brings essential industry experience and relationships to our efforts. JORDAN STARKMAN CFO, LSEB Creative Corp. Jordan Starkman brings over twenty years experience in sales, financial consulting, and investor and client relations to his role with the Company. Having incubated OTC public companies Rimrock Gold Corp., Health Advance Inc. and more, Jordan is well verserd in the processes and know-how needed to run a successful entity. Jordan holds a BA in Statistics from the University of Western Ontario. 

 

 

 

 

Market Trends SWIMWEAR INDUSTRY With the swimwear market forecasted to grow at a CAGR of 6.2% from 2018 to 2024, it is clear that consumers are not only willing to invest in swimwear goods, but are seeking new brands and product assortment. LUXURY INDUSTRY The luxury swimwear market is forecasted to expand at a CAGR of 5.8% between 2021 and 2028, reaching USD 31.1 billion. Recently, luxury e-commerce platforms, such as Farfetch and Matches, have increased their women’s swimwear offerings from anywhere between 288 – 349%. SOCIAL / ECO RESPONSIBILITY There is an increasing awareness around apparel manufacturing’s adverse environmental affects and poor ethical practices. In a 2019 survey, around 66% of respondents said that they consider sustainability when purchasing a luxury product. This awareness and prioritization are only expected to increase moving forward. TECH AND THE METAVERSE The metaverse is now becoming a reality, as current technologies combine to reshape creativity. It is expected that revenue could reach $400bn by 2025, giving all industries, from Fashion to Health and Wellness, a new landscape to explore advertising and sales opportunities in. 

 

 

  

The Brand LAUREN BENTLEY SWIMWEAR Lauren Bentley Swimwear is a specialty retailer, offering men and women elevated swimwear designs, constructed with superior quality materials and craftsmanship. CONCEPT By offering a new concept to swimwear; gender-coordinating collections that allow the wearer to look and feel empowered, partnered or individually, we will capture an untouched, sought- after space within the market. 

 

 

 

TARGET MARKET DEMOGRAPHIC Females 30-39 years and males 35-44 years; Millennials and Generation X Single, married, or with long-term partner/fiancé Lives in a 1-2 income family, with an annual household income of $160,000 – 350,000 USD Often an entrepreneur or established as a senior role in a corporate company. Working in business, fashion, marketing, tech, or a related field GEOGRAPHIC • Urban areas internationally Living in an 1200+ square-foot condo/penthouse in the downtown core of a city, or in 3+ bedroom home in the suburbs PSYCHOGRAPHIC Self-motivated, business-minded individuals, who place importance on self-presentation, their relationships, and discovering the “finer things” Hobbies include learning new technologies, reading, yoga and fitness, nutrition, traveling, shopping, and discovering new restaurants Appreciates high-fashion but is also mindful of quality, sustainability, and the overall value of a garment and are willing to pay for these attributes Travels often whether it be for business or pleasure and are willing to spend money on experiences.

 

 

 

1 - 5 YEAR PLAN This overview helps to outline our growth strategy and projected sales over the first five years of business. Overall Business Product Distribution Marketing Sales 1 YEAR Entering the market: Marketing will be our key area of focus; building brand recognition, driving traffic and sales conversions 3 Collections Categories; Mens swim Wmns swim Wmns cover-ups 2 Channels: Primary: Ecommerce Secondary: In-season selling to select e-tailers 5 Channels: SEO Socials Email Print Influencer 100% Growth 6000 Units 60 - 70 % Sell Through 3 YEAR Growth: Building customer loyalty and increasing our wholesale partnerships will be of importance in years 2-4 5 Collections Categories; All listed above + Mens daywear Wmns accessories 3 Channels: Primary: Ecommerce Secondary: E-tailers, select retailers (department and boutique) 5 Channels: Socials Email Print Affiliate Public Relations 100% Growth 12,000 Units 70 - 80 % Sell Through 5 YEAR Maturity: Expanding our product offering and enhancing the customer experience will be key to solidifying our market share and the longevity of the brand 8 Collections Categories; All listed above + Mens loungewear Wmns loungewear Fragrance 4 Channels: Primary: Ecommerce, flagship bricks and mortar store Secondary: E-tailers, select retailers (department and boutiques) 5 Channels: Socials Email Print Public Relations Product Placement 50% Growth 18,000 Units 70 - 80 % Sell Through

 

 

Collection LAUNCH COLLECTION Our initial collection is comprised of elevated swimwear essentials for men and women. By offering each style in a range of fashion colors, staple colors, and various interpretations of an original print, the collection embodys luxury and versatility. Each garment was developed with precision, ensuring superior fabrics and trims, craftsmanship, and fit and function. Totaling 44 SKUs, women are offered a selection of nine styles in four colorways, and men two styles in two inseam lengths, each in two colorways. 

 

 

 

PRODUCT KEY SILHOUETTES Womens Mens

 

 

 

OUR PROGRESS Our initial collection has been designed, developed, and sourcing has been completed. We are currently working with our manufacturer on developing and perfecting fitting samples. This is an important and tedious process, which we will be completed by March 2023. Once prototypes meet our standards and vision, we will move into bulk production with our manufacturer. Then, our focus will be on executing marketing strategies. OUR MANUFACTURER The manufacturer we have partnered with for our launch collection is a renowned company, who develops and produces goods for key players in both swimwear and the luxury retail market. In addition to working with revolutionary technologies, such as 3D and laser, our manufacturer is dedicated to ecological and social responsibilities, far surpassing their competitors. Some certifications our manufacturer holds includes The Global Standard for Organic Textiles (GOTS), 100% Green Energy, Global Recycled Standard (GRS), Recycled Claim Standard (RCS)

 

 

 

DISTRIBUTION OUR PLAN Our brand, Lauren Bentley Swimwear, plans to utilize a multi-channel distribution strategy, which will include both B2B and B2C relationships. The brand will be launched and sold online initially via our ecommerce website, which will ensure our highest profitable margins and allow immediate access for the consumers. Following launch, we will hone in on relationships previously nurtured and held by Lauren, to create opportunities in additional distribution channels, such as wholesale. Ecommerce inventory storage and order fulfillment may take place from our current facilities to optimize cost, space, and time. Alternatively, we are exploring the option of partnering with a third-party logistics company (3PL), who would store our goods and fullfill customer orders as they are placed. This option would streamline this distribution process, resulting in increased fulfillment speed and efficiency. If we were to take this route, we would look at housing half of our bulk production goods in Europe and half in North America; our identified key markets, to optimize shipping costs and time.

 

 

 

Lauren Bentley Swimwear LAURENBENTLEYSWIM.COM Our website has been designed as an extension of our brand identity and interest in community. Keeping consumer ease top- of-mind, our website focuses on easy navigation, eye-catching visuals, and comprehensive fit guides. ECOMMERCE With the retail landscape evolving at a rapid pace due to the pandemic, social responsibility movements, and technological trends and advancements, we have decided to launch Lauren Bentley Swimwear solely online initially. Not only will this allow us to minimize risk and maximize profits, but it will also allow us to track consumer shopping habits and preferences prior to entering additional distribution channels. All while offering our target market a convenient and efficient shopping experience.

 

 

 

MARKETING BUILDING BRAND RECOGNITION Strategic communications are central to building and reinforcing our brand. With the help of our third-party marketing agency, we have developed our branding package and ecommerce platform, which will be key in building recognition upon launch. Following launch, pursuing our marketing plan will be a combined effort of our in-house team and and marketing agency. 

 

 

 

STRATEGIES COMPETITIVE PRICING Upon launch, the brand will follow a competitive pricing strategy; the process of selecting strategic price points to best take advantage of the market relative to competition. We understand the trials and tribulations that come with launching a new brand in a conglomerate-ruled industry. This competitive strategy will allow us to effectively reach our target market and establish unisons with our primary competitors. PROMOTION CHANNELS We have identified social media, email marketing, print marketing, and influencer marketing channels as our key avenues. These channels are most popular among our target market and will therefore translate into maximum ROI. Strategies and spending will be reviewed thoroughly and regularly upon launch to ensure our chosen channels remain optimal. SEARCH ENGINE OPTIMIZATION SEO will play a key roll in generating traffic and increasing our conversion rate upon launch. Stories Studio is well versed in SEO and will ensure our website copywrite and backend are rooted in keyword and metadata research. An additional tactic we will be implementing is to name our products by functional names, such as “Black Rouched Strapless One Piece”, which will lend to SEO. INITIAL MARKETS Our initial markets of focus will be Western Europe (including United Kingdom) and North America. It is clear in the overall fashion industry that North Americans look to Western Europeans for fashion inspiration. We plan to take advantage of this by focusing slight majority of our marketing efforts toward this segment. 

 

 

 

CAMPAIGN Lead by our marketing agency, we will gain our initial marketing content from a photo and video shoot. The Mediterranean oozes sophistication and will be the perfect backdrop for our campaign. We will utilize two female models and one male model across three different locations; seaside, aboard a boat, and poolside at a luxury establishment. We realize that videography is nearly as important as photography in our social media driven world, which is why we will be shooting both imagery and video simultaniously on set. The agency brings years of expertise to the planning and on-set and post production of this project. This campaign will be the foundation of our marketing tactics, ensuring consistency accross all channels. Ultimately, this campaign will capture the essense of Lauren Bentley Swimwear. 

 

 

  

FUTURE PLANS CATEGORY EXPANSION We intend to expand into additional product categories as our sales and brand recognition grow. Categories we are interested in entering are mens and womens daywear, accessories, loungewear, and fragrances. FABRICS AND TECHNOLOGIES While our core collection fabrics are of the highest standard and will remain iconic to our brand, we plan to offer assortment of fabrics to our customers. Technologically advanced materials and construction techniques will offer our customers options to expand their swimwear wardrobes. COLLABORATIONS Collaborating with brands in retail markets that differ from ours, such as suncare or jewellery, will allow us to reach new customer segments and further grow our brand recognition.

 

 

 

LSEB CREATIVE The Company, who is a reporting issuer with the SEC, has now commenced trading on the OTC Markets platform under the symbol “LSEB”. Becoming Public Becoming Public  

 

 

 

SHARE STRUCTURE 12,569,000 TOTAL SHARES OUTSTANDING 8,100,000 INSIDERS OR AFFILIATES Held by Lauren Bentley (5.6M) and Jordan Starkman (2.5M) ZERO PREFERRED SHARES, WARRANTS, OR OPTIONS

 

 

 

Budget TO DATE The following chart represents the total capital raised thus far and where it’s been allocated. To date, we have raised $350,000USD*. Of this, $85,000USD* has been allocated towards the Company’s Registration Statement with the SEC and ongoing quarterly filings. The remaining $265,000USD* has primarily been allocated towards product development and bulk production. *All figures are rounded and therefore not exact. Production Cost 30% Professional Fees 24% Consulting Fees 9% Marketing 7% General Expenses 10% Other 7% Samples 3% Salary 10%

 

 

BUDGET LEGAL/ACCOUNTING 5% TRAVEL 3% GENERAL EXPENSES 2% MARKETING 26% INVENTORY 36% PRODUCT DEVELOPMENT 10% WORKING CAPITAL 10% SALARIES 8% GOING FORWARD The following chart represents our fundraising target going forward and where we plan for the funds to be allocated. We aim to raise $500,000USD going forward. *Please note that figures may change depending on actual funds raised.

 

 

 

Thank you