Company: LSEB
Filing Date: 2025-07-15
Form Type: 10-K
Source: 0001199835-25-000233
Chunk: 2

Company: LSEB Creative Corp.
Filing Date: 2025-07-15
Form: 10-K
Item: Item 1
Chunk 2
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 operations, the Company
is solely dependent upon its ability to generate such financing.

5

The
Company is actively seeking financing for its current business operation. The Company is optimistic that the financing will be secured
and the going concern risk will be removed. Any capital raised will be through a private placement and will result in the issuance of
shares of common stock from the Company’s authorized capital.

We
do not consider our self a blank check company and we do not have any plan, arrangement, or understanding to engage in a merger
or acquisition with any other entity. We do not consider ourselves a blank check company, as we have a specific business plan and have
moved forward with our business operations including commencing sales in the 3rd quarter ended December 31, 2023.

Swimwear
Market Trends

The
Company believes the outlook for the swimwear industry, and LSEB in particular, is very promising. Swimming is one of the most popular
leisure and fitness activities globally. The demand for swimwear is increased by consumers’ interest in swimming and the number
of family beach vacations, which fuels the market’s expansion. Furthermore, the swimwear market is expanding due to consumers
leading healthier lifestyles and participating in more water sports like swimming. In addition, factors including the rise in women’s
demand for high-end swimwear, the expansion of public and private swimming facilities, and the adoption of e-commerce platforms all contribute
to the market’s rapid progress. Product demand is being driven by the global increase in population and product innovation to meet
the need for specialized clothing for water sports and poolside or beachside vacations.

Over
the next several years, LSEB is expected to benefit significantly from certain favorable demographic and industry trends. Based on SkyQuest’s
global research, in the sports & swimwear segment, the product volume is expected to amount to 4,376.4m pieces by 2028, and it’s
anticipated to show a volume growth of 3.8% in 2025. Such substantial growth projections indicate lucrative opportunities for market
participants active in the swimwear market. According to SkyQuest, the women’s swimwear application segment held a 52.4% revenue
share in 2022 and is projected to witness lucrative growth to reach 57.6% by 2028 with a CAGR of 6.2%. Women are buying more swimsuits
because they want to look chic at the beach or pool