LJ International issues special letter to shareholders
23 Aug '05
5 min read
What will this mean for sales and earnings? Yu Chuan Yih cannot predict volume with certainty, their knowledge of the Chinese market and of jewelry retailing in general leads us to expect that each new store will generate a significant new revenue steam when fully on-line. Because of the phased-in schedule of openings, this would result in an overall revenue contribution of about $1.5 million from the China stores in 2005 and exponentially more in the years ahead.
Hong Kong and US based LJ International Inc (LJI) is a publicly-owned company, engaged in designing, branding, marketing and distributing a full range of jewelry. Today, it is one of the fastest-growing in the jewelry industry, on a vertical integration strategy and an unwavering commitment to quality and service.
LJI distributes to fine jewelers, department stores, national jewelry chains and electronic and specialty retailers throughout North America and Western Europe, with a growing retail presence in China through its ENZO stores and e-shopping sites. Its product lines incorporate all major categories sought by major retailers, including earrings, necklaces, pendants, rings and bracelets. It trades on the Nasdaq National Market under the symbol JADE.
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