OmniaLuo continues growth trajectory & boosts retail store count to 219

06 Aug '08

1 min read

OmniaLuo Inc, a China-based company engaged in the business of designing, developing, marketing and distributing fine women's apparel under the brand name OMNIALUO, announced that it opened nine new stores in July. Of the nine new stores, two were independent distributor stores, five were co-owned stores and two were self-owned stores.

In addition to these new store openings, OmniaLuo also entered into contracts with four new independent distributors for stores to be opened by year-end 2008. The addition of the July store openings increases OmniaLuo's retail store count to 219 throughout China. The retail network consists of:

• 28 company-owned stores
• 44 co-owned stores
• 147 independent distributor stores (the highest margin of the three store types)

"We are extremely pleased with our continued growth," stated Ms. Cindy Luo, Chairwoman and CEO. "With 219 retail stores throughout China, we are already 88% of the way to our goal of at least 250 retail stores by year-end 2008," added Ms. Luo.

OmniaLuo Inc

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