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OmniaLuo Announces Operating Results for the First Quarter 2009

May 27, 2009

SHENZHEN, China, May 27 /PRNewswire-Asia-FirstCall/ — OmniaLuo, Inc.
(‘OmniaLuo’ or the ‘Company’) (OTC Bulletin Board: OLOU), a China-based
company engaged in the business of designing, developing, marketing and
distributing fine women’s apparel under the brand name OMNIALUO, announced
record operating results for the first quarter ended March 31, 2009.

OmniaLuo reported revenue of approximately $3.0 million for the quarter
ended March 31, 2009, representing a small increase even though we are facing
the economic downturn, compared to approximately $2.5 million for the quarter
ended March 31, 2008.

Revenue from sales to independent distributors for the quarter ended March
31, 2009
was approximately $1.7 million (58% of total sales revenue for the
period), as compared to approximately $1.67 million for the quarter ended
March 31, 2008, representing a 2% increase.

Revenue from sales from Company-owned and co-owned stores for the quarter
ended March 31, 2009 was approximately $1.2 million (41.8% of total sales
revenue for the period), as compared to approximately $0.87 million for the
quarter ended March 31, 2008, representing a 40% increase.

OmniaLuo reported overall gross profit of approximately $1.6 million for
the three months ended March 31, 2009, (representing an overall gross profit
margin of 53.1%), as compared with overall gross profit of $1,465,919 for the
three months ended March 31, 2008 (representing an overall gross profit margin
of 57.6%). The decrease in gross profit margin was mainly attributable to the
aggressive discount promotions in most of the shopping malls. During the first
quarter of 2009, due to negative impact of the global recession, consumers
were unwilling to buy higher end clothes. As a result, most of the shopping
malls were forced to deeply discount the merchandise to promote sales, which
in turn cut into our overall gross profit margin for the first quarter of 2009.

OmniaLuo reported net income of approximately $0.3 million for the three
months ended March 31, 2009, as compared with $0.5 million for the three
months ended March 31, 2008, representing a decrease of 41.6% for the reasons
described above.

Based on 22,840,000 shares outstanding on a weighted average basis as of
March 31, 2009, OmniaLuo had a net income of approximately $0.01 per share for
the quarter ended March 31, 2009, as compared to a net income of approximately
$0.02 per share for the quarter ended March 31, 2008.

About OmniaLuo, Inc.

OmniaLuo, Inc. ( http://ir.omnialuo.com ), based in China’s fashion
capital of Shenzhen, is in the business of designing, developing, marketing
and distributing fine women’s apparel under the brand name OMNIALUO.
OMNIALUO’s apparel embodies elegance, femininity and sophistication for
China’s rapidly growing class of urban and affluent female professionals.
Under the leadership of Cindy Luo, the founder, Chairwoman and Chief Designer
of the Company, the Company has won numerous prestigious awards and was
recently named by Cosmopolitan Magazine the “2008 Chinese Fashion Designer of
the Year”. OMNIALUO’s goal is to become the Chinese brand equivalent of Ralph
Lauren
, Vera Wang and Anna Sui.

To be added to the OmniaLuo, Inc. investor email list, please email
davidwang@omnialuo.com.cn , with OLOU in the subject line.

    OmniaLuo Investor Resources

     Women's Wear Daily Article: http://tinyurl.com/June202008pdf
     Fact Sheet: http://tinyurl.com/Fact-Sheet-Omnialuo
     Presentation: http://tinyurl.com/presentation-Omnialuo
     Video: http://ir.omnialuo.com/video/omnialuo.cfm

Safe Harbor For Forward-Looking Statements

This news release contains forward-looking statements, including
statements that include the words ‘believes,’ ‘expects,’ ‘anticipates,’ or
similar expressions. Such forward-looking statements involve known and unknown
risks, uncertainties and other factors that may cause the actual results,
performance, or achievements of the Company to differ materially from those
expressed or implied by such forward-looking statements. Factors that may
affect these forward-looking statements include, among others, our dependency
on our chief executive officer, principal stockholder and chief designer, our
sensitivity to economic conditions and consumer spending in China, competition
in our industry, our ability to effectively manage our growth, our ability to
raise capital in the future, changes in China’s economic or political
situation, and other factors set forth in our annual reports on Form 10-KSB,
Form 10-K and quarterly reports on Form 10-QSB and Form 10-Q filed with the
United States Securities and Exchange Commission or otherwise set forth from
time to time in our other public filings. This news release speaks as of the
date first set forth above and the Company assumes no responsibility to update
the information included herein for events occurring after the date of this
news release.

    For more information, please contact:

     OmniaLuo, Inc.
     David Wang
     Tel:   +86-755-8609-5618
     Email: davidwang@omnialuo.com.cn

SOURCE OmniaLuo, Inc.


Source: newswire



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