Ever-Glory International Group, Inc., a leading apparel manufacturer in the People's Republic of China, has announced that it has bagged production orders valued at approximately US$ 400,000 from QVC Inc., via its Shanghai office.
The new production order mainly consists of women's casual wear. Orders for the first half of 2007 represent a 48% increase from 2006. Ever-Glory has been working with QVC for two years.
Mr. Yihua Kang, Ever- Glory's Chairman, Chief Executive Officer and President said "Our involvement with QVC allows us to diversify our customer base beyond traditional retailing via a high-profile partner". "We look forward to continued cooperation with QVC and anticipate extensive growth."
Ever-Glory continues to strengthen its revenue streams by building up a diversified customer base to reduce the impact of seasonality and increasing orders from long-term business partners.
QVC, Inc. established a new record in American business history for first full-fiscal-year sales by a new public company, with revenues of over $112 million.
QVC is the number one televised shopping service in sales, profits, and reputation in the United States, reaching over 80% of all U.S. cable homes and 3 million satellite dishes.
Ever-Glory International Group, Inc. is a U.S. publicly traded company engaged in international garment manufacturing for well-known middle- to high- grade casual, outer, and sportswear brands.
Ever-Glory owns two full subsidiary companies, Nanjing Goldenway Garments Co. Ltd., and New-Tailun Garment Co, Ltd. Ever-Glory has strategic business partners in China, Europe, the U.S. and Japan.
The Company has entered into production and sales cooperation agreements with a number of internationally famous brands such as BB Dakota, Best-Seller, Eddie Bauer, Levi Strauss, Matalan and others.
Subscribe to:
Post Comments (Atom)
No comments:
Post a Comment