China Shoe Holdings, Inc. Launches Retail Strategy
28 Noviembre 2007 - 10:03AM
PR Newswire (US)
SHANGHAI, China, Nov. 28 /PRNewswire-FirstCall/ -- China Shoe
Holdings Inc. (OTC:CHSH) (BULLETIN BOARD: CHSH) ("the Company"), an
independent shoe manufacturer in China, today announced that the
execution of it's previously announced plan of opening retail
stores has commenced. The Company will be opening five retail
stores in December 2007 as a pilot program. All of these stores
will be located in the rapidly growing Shanghai region, will be
Company owned and will concentrate on promoting the Company's own
"Kangies" brand of footwear. "The commencement of these retail
stores is only the first step of our plan of entering the China
retail footwear market. Our strong financial performance offers us
the perfect backing to carry out our retail strategy of having a
nation-wide retail network in 2008," said Mr. Gu XianZhong,
President and CEO of the Company. "We feel fully confident that the
successful execution of our retail strategy will drive our growth
in the future." About China Shoe Holdings, Inc. Based in Shanghai,
China, China Shoe manufactures, designs and sells private label and
its own branded footwear throughout China and in overseas markets,
principally Japan. China Shoe has its own manufacturing facilities
located in China. China Shoe has built a diversified customer base
throughout China and overseas. Safe Harbor Statement This release
may contain forward-looking statements. These forward- looking
statements are neither promises nor guarantees, but involve risks
and uncertainties that may cause actual results to differ
materially from those in the forward-looking statements. Readers
should not place undue reliance on any such forward-looking
statements that are based solely on information known as of the
date of this release. China Shoe Holdings, Inc. disclaims any
obligation to update or revise any such statements to reflect any
change in expectations or in events, conditions or circumstances on
which any such statements may be based or that may affect the
likelihood that actual results will differ from those contained in
the forward-looking statement. DATASOURCE: China Shoe Holdings,
Inc. CONTACT: Samuel Lo of China Shoe Holdings, Inc., , Fax,
+86-21-51686308; or Investors, Donald P. Visco of D. Visco, Inc.,
+1-561-213-4469, , for China Shoe Holdings, Inc.
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