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Lagogo Launches Lifestyle Concept Store in Wuhan City

Add: 2017   Update: 2017/09/30


NANJING, China, September26, 2017-- Ever-Glory International Group, Inc. (the “Company” or “Ever-Glory”) (NASDAQ-GM: EVK), a retailer of branded fashion apparel and a leading global apparel supply chain solution provider, today announced that its wholly-owned fashion brand, Lagogo, has launched its first Lifestyle Concept Store in Wuhan, the capital of Hubei province in the central-south China.
The Lifestyle Concept Store is designed and decorated with La go go new store image and fashion lifestyle elements to enhance customers’ shopping experiences in the store.During the opening period, La go go members that make a purchase in the Lifestyle Concept Store are eligible for a free image design by professional make-up artists and stylists. In addition to the fashionableapparel, the store offersstylish accessoriesand decorative home productsproduced by Überhome Ever-glory’s household brand.
Mr. Yihua Kang, Chairman, President and Chief Executive Officer of Ever-Glory, said, “We are pleased to open our firstLagogoLifestyle Concept Storeby integratingthe display of fashion apparel with creative and decorative home products to enrich and revitalize the shopping experience for our customers.More importantly, our Lifestyle Concept Storeconveys a new attitude of life to its customers, where life can be active, be dull, be intense, be cool, be formal, be casual, or be natural as it was meant to be. We believe theLifestyle Concept Store will work as a display window to showcase our new store image with exciting, trendy and fashionable apparel collections, which will entice more consumers to visit our brick-and-mortar stores.”
About Ever-Glory International Group,Inc.
Based in Nanjing, China, Ever-Glory International Group, Inc. is a retailer of branded fashion apparel and a leading global apparel supply chain solution provider. Ever-Glory is the first Chinese apparel Company listed on the American Stock Exchange (now named as NYSE MKT) in July 2008 and then transferredto The NASDAQ Global Market on December 31, 2015. Ever-Glory offers apparel to woman in China under its own brands “La go go”, “Velwin”, “Sea To Sky” and “idole”. Ever-Glory is also a leading global apparel supply chain solution provider with a focus on middle-to-high end casual wear, outerwear, and sportswear brands. Ever-Glory services a number of well-known brands and retail stores by providing a complete set of supply chain management services, including: fabric development and design, sampling, sourcing, quality control, manufacturing, logistics, customs clearance and distribution.
Forward-Looking Statements
Certain statements in this release and other written or oral statements made by or on behalf of Ever-Glory International Group, Inc. (the “Company”) are “forward looking statements” within the meaning of the federal securities laws. Statements regarding future events and developments and the Company’s 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, without limitation, market acceptance of the Company’s products and offerings, development and expansion of the Company’s wholesale and retail operations, the Company’s continued access to capital, currency exchange rate fluctuation and other risks and uncertainties. The actual results the Company achieves (including, without limitation, the results stemming from the future implementation of the Company’s strategies and the revenue, net income and new retail store projections set forth herein) may differ materially from those contemplated by any forward-looking statements due to such risks and uncertainties (many of which are beyond the Company’s control). These statements are based on management’s 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. The Company undertakes no obligation to publicly update any forward-looking statements, whether as a result of new information, future events or otherwise, except as required by applicable law.
For investor and media inquiries, please contact:
Ever-Glory International Group
Dandan Song
Tel: +86-25-5209-6817
E-Mail: sdd@ever-glory.com.cn
The Piacente Group, Inc.
Emilie Wu
China: +86-10-5730-6200
US: +1-212-481-2050
E-Mail: everglory@tpg-ir.com