The Visions of Ever-Glory
- • 1. Being a model company in national garment industry.
- • 2. Being a famous transnational enterprise in world garment industry.
- • 3. Shooting for the first position in foreign currency earning by national garment export enterprises, and ensuring the top 5.
- • 4. Shooting for the top 5 in sales volume of national garment manufactures, and ensuring the top 10.
The Growth Strategies of Ever-Glory
Wholesale Business Development:
- • Expand the global sourcing network
- • Expand our overseas low-cost manufacturing base (outside of mainland China);
- • Focus on high value-added products and continue our strategy to produce mid to high end apparel.
- • Continue to emphasize on product design and technology utilization.
- • Seek strategic acquisitions of international distributors that could enhance global sales and our distribution network.
- • Maintain stable revenue increase in the markets while shifting focus to higher margin wholesale markets such as mainland China.
Retail Business Development:
- • Build the LA GO GO brand to be recognized as a major player in the mid-end women's apparel market in China;
- • Expand the LA GO GO retail network throughout China.
- • Improve the LA GO GO retail stores’ efficiency and increase same-store sales.
- • Continue to launch LA GO GO flagship stores in Tier-1 Cities and increase penetration and coverage in Tier-2 and Tier-3 Cities.
- • Become a multi-brand operator by seeking opportunities for long-term cooperation with reputable international brands and by facilitating international brands entry into the Chinese market.