Ever-Glory International Group Inc a leading apparel manufacturer in the People's Republic of China announced that for the first six months of this year, it received production orders valued at approximately USD400,000 from one of its closest working partners, QVC Inc via QVC's Shanghai office.
The new production order, filled by the Company's New-Tailun subsidiary, mainly consists of women's casual wear. Orders for the first half of 2007 represent a 48% increase from the pace set in 2006. Ever-Glory has worked with QVC for two years.
"Our involvement with QVC allows us to diversify our customer base beyond traditional retailing via a high-profile partner," said Mr. Yihua Kang, Ever- Glory's Chairman, Chief Executive Officer and President. "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.
Ever-Glory International Group Inc