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Ever-Glory Announces New LA GO GO Retail Store Openings

Add: 2009   Update: 2009/03/21

NANJING, China, Feb. 18 /PRNewswire-Asia-FirstCall/ -- International Group, Inc. (the "Company," "") (NYSE Alternext US: EVK), a leading apparel supply chain manager and retailer in China, today announced the opening of seven new retail LA GO GO stores since January 1, 2009.


designs, manufactures, and sells clothing in its retail chain store, LA GO GO, focusing on China's urban youth women's wear market segment. This target market continues to be the biggest and fastest growing segment in the Chinese apparel market. The average size of the seven new stores is approximately 1,000 square feet. The seven new stores opened up within shopping malls in five different municipalities and provinces throughout China: Shanghai, Zhejiang, Fujian, Liaoning, and Sichuan.


Mr. Edward Yihua Kang, Chairman and Chief Executive Officer, commented, "We continue to be very excited about our LA GO GO stores and our future growth prospects. With the addition of these seven stores throughout China, we currently operate 100 LA GO GO retail stores. We are planning on opening approximately 80-100 LA GO GO stores in 2009 in strategic locations countrywide. We believe that our clothing styles are resonating well with consumers and we look forward to furthering our success this year."


About International Group, Inc.


Based in Nanjing, China, International Group, Inc. is a leading apparel supply chain manager and retailer in China. is the first Chinese apparel company listed on the American Stock Exchange (now called NYSE Alternext US), and has a focus on middle-to-high grade casual wear, outerwear, and sportswear brands. The Company maintains global strategic partnerships in Europe, the United States, Japan and China, conducting business with several well-known brands and retail chain stores. In addition, operates its own domestic chain of retail stores known as "LA GO GO."


Safe Harbor Statement


Certain statements in this release and other written or oral statements made by or on behalf of the Company are "forward looking statements" within the meaning of the federal securities laws. Statements regarding future events and developments and our future performance, as well as management's expectations, beliefs, plans, estimates or projections relating to the future are forward-looking statements within the meaning of these laws. The forward looking statements are subject to a number of risks and uncertainties including market acceptance of the Company's products and projects, the Company's continued access to capital, currency exchange rate fluctuation and other risks and uncertainties. The actual results the Company achieves may differ materially from those contemplated by any forward-looking statements due to such risks and uncertainties. These statements are based on our current expectations and speak only as of the date of such statements. Readers should carefully review the risks and uncertainties described in the Company's latest Annual Report on Form 10-K and other documents that the Company files from time to time with the U.S. Securities and Exchange Commission.