"With ten business days lost to the national Chinese New Year holiday in early February, we are pleased to have nonetheless added a higher-margin store in a coveted market," stated Cindy Luo, OmniaLuo Chairwoman and CEO.
"Our goal remains to grow to 264 by the end of 2008, and we are on pace to achieve that. While our store count grew by one in February, our entry into Chansha represents a significant step for OmniaLuo and positions us for additional growth, both in this new market and beyond."