Amira Branded Products Now Available in Cost Plus World Market, a
Leading Specialty Retail Store with more than 250 Locations in the
DUBAI, United Arab Emirates–(BUSINESS WIRE)–Amira Nature Foods Ltd (NYSE: ANFI), a leading global provider of
branded packaged Indian specialty rice, announced today that its Amira
branded products will now be available in Cost Plus World Market stores
across the United States.
Cost Plus World Market, a subsidiary of Bed Bath & Beyond Inc, sells a
wide variety of goods that are imported from more than 50 countries
around the world. Headquartered in Oakland, California, the chain
operates more than 250 stores in over 30 states across the U.S. The
nationwide retailer will carry two SKUs of Amira branded products in its
stores: Amira Natural Brown Basmati Rice and Amira Smoked Basmati Rice.
“We are excited to expand our distribution in the United States with the
addition of Cost Plus World Market stores,” said Karan A Chanana,
Chairman of Amira Nature Foods Ltd. “We are working to expand the Amira
brand across the country, and the addition of Cost Plus with its focus
on goods from around the world and international food products is a
perfect fit for our Amira branded rice products.”
About Amira Nature Foods Ltd
Founded in 1915, Amira has evolved into a leading global provider of
branded packaged Indian specialty rice and other products, with sales in
more than 60 countries around the world. The Company primarily sells
Basmati rice, which is a premium long-grain rice grown only in certain
regions of the Indian sub-continent, under its flagship Amira brand as
well as under other third party brands. Amira sells its products through
a broad distribution network in both the developed and emerging markets.
The Company’s global headquarters are in Dubai, United Arab Emirates,
and it also has offices in India, Malaysia, Singapore, Germany, the
United Kingdom, and the United States. Amira Nature Foods Ltd is listed
on the New York Stock Exchange (NYSE) under the ticker symbol “ANFI.”
For more information, please visit www.amira.net.
Safe Harbor for Forward-Looking Statements
This press release contains statements of a forward-looking nature.
These statements are made under the “safe harbor” provisions of the U.S.
Private Securities Litigation Reform Act of 1995. You can identify these
forward-looking statements by words or phrases such as “may,” “will,”
“except,” “anticipate,” “aim,” “estimate,” “intend,” “plan,” “believe,”
“is/are likely to,” “future” or other similar expressions. We have based
these forward-looking statements largely on our current expectations and
projections about future events and financial trends that we believe may
affect our financial condition, results of operations, business strategy
and financial needs. There is no assurance that our current expectations
and projections are accurate. These forward-looking statements include,
but are not limited to:
- our goals and strategies;
- our expansion plans;
our future business development, results of operations, financial
condition and audited financial statements;
- our ability to protect our intellectual property rights;
projected revenue, EBITDA, adjusted EBITDA, profits, adjusted profits,
earnings, adjusted earnings and other estimated financial information;
our ability to maintain strong relationships with our customers and
the continued application of the proceeds from our initial public
- governmental policies regarding our industry; and
- the impact of legal proceedings.
You should not place undue reliance on forward-looking statements and
you should read these statements in conjunction with the risk factors
disclosed in “Risk Factors” appearing in Amira’s Annual Reports found on
the SEC’s website located at www.sec.gov.
Those risks are not exhaustive. We operate in a rapidly evolving
environment. New risk factors emerge from time to time, and it is
impossible for our management to predict all risk factors, nor can we
assess the impact of all factors on our business or the extent to which
any factor, or combination of factors, may cause actual results to
differ from those contained in any forward-looking statement. We do not
undertake any obligation to update or revise the forward-looking
statements except as required under applicable law.
For Investor Inquiries:
Amira Nature Foods Ltd
Chief Financial Officer