“We will continue to follow through on our growth plan. In China, we expect to add about 20 outlets in the second quarter, putting us well on track to achieve our target of adding 50 stores in China and 120 outlets worldwide in 2007."
We will also continue with the roll-out of Giordano Concepts in the region, with additional stores planned for Shanghai, Guangzhou, Singapore, Kuala Lumpur and Bangkok during the second half of 2007.
"We opened our first re-branded Bluestar Exchange / BSX store in Hong Kong at the end of March and have since converted three more, and initial customer reception has been positive. These and other brand building efforts will help us lay the groundwork for continued growth and expansion,” Mr Lau added.