OmniaLuo, Inc. (OLUO.OB) designs, develops, markets and distributes women’s apparel under the brand name OMNIALUO. The company has a network of more than 211 retail stores across the People’s Republic of China and is based in China’s fashion capital of Shenzhen.
OmniaLuo’s target customer base includes women between the ages of 25 and 35 with annual net incomes between $2,500 to $22,500. The company’s apparel line includes business casual women’s wear, such as slacks, tops, outerwear and accessories. The China Fashion Designers Association has recognized the OMNIALUO brand as “China’s Best Women’s Wear Design” from 2002-2006.
OmniaLuo’s designs are marketed to the growing populations of urban “white collar” and “pink collar” Chinese women with high-paying positions. The economy in China increased 11.4 percent in 2007, with the garment sector growing into one of the largest industries. The garment sector showed domestic sales exceeding $100 billion in 2007. The company expects the disposable income of OmniaLuo’s targeted consumer market to reach $2.3 trillion by 2025.
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