LONDON (Alliance News) - Litebulb Group Ltd said it has received over USD500,000 worth of orders for its Star Wars homeware product range from US license holder Underground Toys Ltd.
Litebulb said the products will be delivered in February, and the revenues recognised in 2015.
The orders are for a number of products in the range, including its 'Light Sabre' barbecue tongs, 'X-Wing' knife block and 'R2 D2' egg cup, amongst others.
"We are delighted to announce a significant ramp up in orders from our US partner which attests to the quality and popularity of our range. We are currently in discussions with other US distributors regarding the distribution of more of our product lines and will keep the market updated on our progress," said Chief Executive Officer Simon McGivern in a statement.
Shares in Litebulb are trading up 1.8% at 0.927 pence Monday morning.
By Hana Stewart-Smith; hanassmith@alliancenews.com; @HanaSSAllNews
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