Ever-Glory International Group, Inc. (EVK) Reports Fiscal Year 2011 Financial Results and 2012 Guidance
Ever-Glory International Group, a leading apparel supply chain manager and retailer in China, today reported its financial results for its fiscal year ended December 31, 2011, reflecting strong sales and expansion initiatives. "We're very pleased with the significant progress we made in 2011, as sales in both our retail and wholesale segments continued to increase," Edward Yihua Kang, chairman of the board and CEO of Ever-Glory stated in the press release. "We are especially encouraged by achieving the objectives of LA GO GO store expansion. As of December 31, 2011, we had 467 LA GO GO stores in China; we…