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’ is planning to increase its retail presence by being present in more than 250 stores and distributor relationships throughout China by the end of 2008.
According to a press release, the company has opened 23 new retail stores in August and September, out of which, 16 were independent distributor stores, three were co-owned stores and four were self-owned stores.
In addition, OmniaLuo also entered into contracts with eight new independent distributors for stores to be opened by 2008 end. The addition of the August and September store openings increases OmniaLuo’s retail store count to 242 throughout China.
On the occasion, Cindy Luo, chairwoman and CEO, said, “Each new store opening enhances the ‘Omnialuo’ brand and is consistent with our strategy of raising awareness and aggressively growing market share.”
“As of the end of September we are 97 per cent of our goal of at least 250 retail stores by 2008 end,” added Luo.