Nexia Holdings announced this morning that it’s wholly owned subsidiary, Gold Fusion Laboratories, is exploring opportunities in China for its Jared Gold Bamboo Collection and the Cut & Sew Black Chandelier Collection.
President of Nexia Holdings, Richard Surber, stated, “It is a natural for us to want to take our clothing lines to China. We have relationships in Shanghai through our manufacturing operations and the Chinese tend to like to do business with people they know. We are in the early phases, but see this as a next logical step.”
The Jared Gold Bamboo Collection uses fabric made from 100% bamboo fiber for softness. “With all the attention on the environment today, particularly the role China plays, we believe our clothing lines will be rapidly adopted by Chinese who want to ‘go green’ and contribute to the greater good. Bamboo is a regenerated cellulose fiber, is processed with no additives, is biodegradable, and has been praised for being ‘the new, natural green and eco-friendly textile of the 21st century,” said Jared Gold, founder and senior designer of Black Chandelier.
The subsidiary is currently focused on updating their point-of-service operating system in order to access real-time information concerning store sales, projections and online sales. The project has been initiated to prepare for the 2007 Holiday demand and to cost-effectively expand into the most attractive locations.
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