OmniaLuo, Inc. (OLOU) – Clothed in Success
OmniaLuo, Inc. (OLOU) is a designer, developer, marketer, and distributor of fine women's apparel under the brand name Omnialuo. The China-based company recently announced the opening of six new stores in April, all of which are independent distributors. The company now boasts a rather impressive 202 stores throughout the Chinese mainland, and plans to add a total of 12 new stores overall for 2008, putting them nearly on target for their self-appointed schedule of 250 stores by year end. The plan is for OLOU to continue their focus on expansion by increasing the number of independent distributors, while maintaining high…