The Angel Sanchez label is recognized as one of the most important Latin American labels in international fashion. It is renowned for couture bridal and evening wear that is elegant, luxurious, impeccably constructed, contemporary, and feminine, with a strong and unique point of view. The designs are executed with impeccable construction, lavish fabrics and opulent colors. Angel Sanchez gowns celebrate the woman, make her feel beautiful and feminine, and allow her to take center stage. From its roots in Venezuela in 1987, the label has grown to become a global brand carried in the best department stores worldwide. It enjoys patronage from an established clientele throughout the world, including numerous celebrities. In 2007 the company generated $3.4M in net sales. Angel Sanchez has built a complete organizational enterprise in the United States. In addition to Mr. Sanchez, the company employs 22 full-time professionals who are engaged in all aspects of the business, from design to production to sales to administrative roles. The label’s combination of a strong and unique design aesthetic, brand recognition as a premier luxury label, and distribution in the best department stores and boutiques worldwide are sources of competitive advantage in a crowded luxury fashion market place. The existing couture lines are well-positioned to capture a share of the affluent consumer market segment, while the introduction of a more moderately priced ready-to-wear bridge line, Angel by Angel Sanchez, will expand the label’s reach into the aspirational market segment as well.