Lifted Research Group
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Lifted Research Group | |
---|---|
Type | Private |
Founded | 1999 |
Headquarters | Lake Forest, California |
Industry | Fashion |
Products | Streetwear clothing and accessories |
Website | LRG Clothing |
Lifted Research Group, also known as L-R-G Clothing, is a company that mainly produces clothing and accessories, although is known to develop a broad range of products including electronic accessories, extreme vehicles, outdoor equipment including sporting goods and more . The company is also involved in the promotion of underground recording artists and sponsors a skateboarding team. Entrepreneur Magazine ranked the company at #5 on its 2007 Hot 500 list of fastest-growing companies and reported its 2006 sales figures at an estimated $150 million. .[1].
Contents |
[edit] Overview
LRG focuses primarily on the design, production, and marketing of streetwear clothing and accessories. The company also supports independent, underground, and lesser-known recording artists in the skateboarding and hip-hop cultures through the release of compilation CDs. Artists featured include Cise Starr, KG Kun, Grouch, Living Legends, Kanye West, Pete Rock, Raekwon, Planet Asia, Shortkaus Lumbar, DL Incognito, Petey Puff, Blu of Blu & Exile among others. It first began as a urban clothing company, but also includes skateboarding and womans clothing. Despite this, it is not a skateboarding company, it is mostly an urban lifestyle company.
[edit] History
Lifted Research Group was founded in 1999 by Andrew Medina and Robert Wright[2]. Wright brought extensive experience in the streetwear industry to L-R-G, having worked with such companies as Quiksilver, O'Neill, and Katin during an eight-year span[3]. He also contributed the resources to create the company's initial samples and patterns. Bevacqua was initially responsible for the idea for the company, as well as its logo design. In 2006 L-R-G began making all of their clothing line from Organic cotton and other natural materials. Bevacqua also raised the initial startup capital from friends of his father who worked in the fashion industry. This capital was used to finance an initial product run that sold out during their first day at the Action Sports Retailer Expo in San Diego, California... The company became profitable by 2002, and made its first $1 million in 2000[4].
In late 2005, L-R-G announced their new women's clothing line, called Luxirie[5]. Luxirie which targets the 18- to 30-year-old women's group. Designs from the label cover six themes, ranging from Western to military, and include such signature items as a pair of crystal-covered jeans. The label launched in the United States and Canada in fall 2006.
Also in fall 2006, wireless provider T-Mobile launched a limited edition Sidekick III designed by L-R-G[6]. It was equipped with the same technical features as the Sidekick III and sported a green-on-green theme that made liberal use of L-R-G's logo. After a production run of 10,000 units, T-Mobile's website reports that it is sold out[7].
[edit] References
- ^ Hot 500 Company Listing. Entrepreneur Magazine. Retrieved on 2008-08-12.
- ^ LRG Clothing Brand Information. SoJones. Retrieved on 2008-08-12.
- ^ Erwin, Joey. No Room for Lethargy at LRG; Lifted Research Group Passionately Promotes the Underground Skate Culture. Daily News Record. Retrieved on 2008-08-12.
- ^ Lifted Research Group Company Information. Entrepreneur Magazine. Retrieved on 2007-08-12.
- ^ L-R-G to Enter Women's Urban Market with Luxirie. Women's Wear Daily. Retrieved on 2007-08-12.
- ^ Limited Edition LRG Sidekick 3 Review. cNet. Retrieved on 2007-08-12.
- ^ T-Mobile Sidekick 3 phone details. T-Mobile. Retrieved on 2007-08-12.