Jewelry retailer ENZO division of LJI opens 20th store in China
21 Jan '06
2 min read
And this is just the start.
They now look forward to maintaining or accelerating the current pace of store openings in the current year, at the end of which they foresee having at least 40 ENZO stores in operation by the end of this year and at least 100 stores by 2008, just-in-time for the Beijing Olympics."
As previously announced, LJI is now projecting overall sales of approximately $2 million from ENZO stores in 2005 This is up from earlier guidance of $1.5 million.
LJ International Inc(LJI), based in Hong Kong and the US is engaged in the designing, branding, marketing and distribution of a full range of jewelry.
It has built its global business, currently one of the fastest-growing in the jewelry industry, on a vertical integration strategy and an unwavering commitment to quality and service.
LJI distributes to fine jewelers, department stores, national jewelry chains and electronic and specialty retailers throughout North America and Western Europe, with a growing retail presence in China through its ENZO stores.