By: Baystreet Staff - Tuesday, July 02, 2013 David H. Schwanz Appointed President of Shades of Fragrances, Inc. [ACCESSWIRE] Aventura, FL, July 2, 2013 – (eTeligis via Accesswire) -- Shades Holdings, Inc. (OTCPink: SHDH) and Lucien Lallouz, CEO & Executive Chairman of the Board of Directors for Shades Holdings, Inc., announces the appointment of David H. Schwanz, formerly of Elizabeth Arden, as President of Shades Of Fragrances, Inc.; a fragrance branding company and a wholly owned subsidiary of Shades Holdings, Inc., effective immediately. As an industry innovator, Mr. Schwanz has been instrumental in the launch of a number of successful top selling fragrance brands, including Ed Hardy, True Religion, BCBG Max Azria, Fred Hayman Beverly Hills, Perry Ellis, Guess?, Maria Sharapova, and the Paris Hilton brands, which now total over $5 billion in global retail sales. With over 25 years of industry experience, David Schwanz was VP of sales for branded fragrances for such companies as Elizabeth Arden, New Wave Fragrances, and Parlux Fragrances Inc., now a wholly owned Subsidiary of Perfumania Holdings Inc. A long term industry veteran, Schwanz has lead key innovative initiatives to grow start-up brands into global best-selling brands within major department and specialty stores. "We are building our fragrance division around David's leadership, which will bring a portfolio of prestige brands for us to develop into fragrances. David's experience, creativity, and leadership will play a pivotal role in the future for us, by further developing synergistic partnerships and strategic branding initiatives with fashion designers and established brands," said Lucien Lallouz. "He is a well-respected industry veteran with impeccable credentials, experience, and enthusiasm, and we are thrilled to have him lead Shades of Fragrances into the fragrance industry." About Shades Holdings, Inc. Shades Holdings, Inc. is a development-stage company. Until June 19, 2013, the Company was an exploration-stage company engaged in the acquisition and marketing of luxury brand sunglasses. In June 2013, the Company acquired certain trade names and trademarks, an Internet address, and logos through its newly acquired wholly owned subsidiary, Shades of Fragrances, Inc., that are used in connection with branded fragrance products for men and women known as Phantom The Fragrance. http://www.shadesholdings.com SPECIAL NOTE REGARDING FORWARD-LOOKING STATEMENTS Statements in this release which are not historical in nature are forward-looking statements. Although we believe that our plans, intentions and expectations reflected in such forward-looking statements are reasonable, we can give no assurance that such plans, intentions or expectations will be achieved. In some cases you can identify forward-looking statements by forward-looking words such as "anticipate," "believe," "could," "estimate," "expect," "intend," "may," "should," "will," and "would," or similar words. You should not rely on forward-looking statements because actual events or results may differ materially from those indicated by these forward-looking statements as a result of a number of important factors. These factors include, but are not limited to, the risks and uncertainties discussed under the headings "Forward Looking Statements" and "Risk Factors" in the company's annual reports on Form 10-K and the reports the company files from time to time with the Securities and Exchange Commission. Shades Holdings Inc. does not intend to and undertakes no duty to update the information contained in this press release. Contact: Lucien Lallouz firstname.lastname@example.org SOURCE Shades Holdings, Inc.