LOS ANGELES, June 1, 2006 (PRIMEZONE) -- Ever-Glory International Group (OTCBB:EGLY) announced today that their enterprise production unit in China has passed the appraisal of Eddie Bauer's Product Quality Standard. Ever-Glory officially became one of Eddie Bauer's producers and signed a deal through an agent for $800,000 worth of production orders.
In addition to the profit this deal will generate, Ever-Glory will bring about further standardization of the company's production management and improvements to its operational efficiency as being one of Eddie Bauer's quality producers. In a recent interview, President and CEO of Ever-Glory, Edward Kang said, "Eddie Bauer is a high-quality American clothing brand that is well respected and popular in American society. The agreement that Ever-Glory has made with Eddie Bauer will be of value in our efforts at further expansion into the U.S. market."
Ever-Glory's continual success in attracting the business of top-tier clothing brands is a sign that their business practices and production quality are well respected. Top-level quality control, attention to detail, accountability, affordability, and a consistent attitude of always striving for improvement are among the reasons why Ever-Glory is a chief choice for many middle to high-end clothing brands in markets throughout the world.
About Ever-Glory International Group
Ever-Glory International Group (OTCBB:EGLY) is a U.S. publicly-traded company engaged in international garment manufacturing for well-known middle to high-grade casual, outer, and sportswear brands. The company's U.S. headquarters is based in Los Angeles, CA, although Ever-Glory also owns a full subsidiary company, Nanjing Goldenway Garments Co. Ltd., located in China. Ever-Glory has strategic business partners in countries including China, Europe and the U.S. The Company cooperates with well-respected garment retailer chains such as ITOCHU, ABERCROMBIE & FITCH (ANF), SHINKO, DEBENHAMS, NEXT, OTTO, C&A, I.Y., etc. in handling high and middle grade casual-wear and sportswear. The company entered into production and sale cooperation agreements with a number of internationally famous brands such as MATALAN, EB, BEST-SELLER, BB DAKOTA, FAT FACE, LINDEX, and JUST JEANS, etc. The company employs about 700 people. At present, the market distribution is segmented as 35% in Japan, 50% in Europe and 15% in United States.
For more information about Ever-Glory International Group, please visit: http://www.everglorygroup.com.
About Eddie Bauer
Established in 1920 in Seattle, Eddie Bauer is a specialty retailer that sells high quality casual sportswear and accessories for the "modern outdoor lifestyle." The company believes the Eddie Bauer brand is a nationally recognized brand that stands for high quality, innovation, style and customer service. Eddie Bauer products are available at approximately 400 stores throughout the United States and Canada, through catalog sales and online at www.eddiebauer.com. The company also operates joint venture partnerships in Japan and Germany and has licensing agreements across a variety of product categories. Eddie Bauer employs approximately 12,000 part-time and full-time associates in the United States and Canada, and is headquartered in Redmond, Washington.
For more information about Eddie Bauer, please visit: www.eddiebauer.com
This press release contains certain "forward-looking statements," as defined in the United States Private Securities Litigation Reform Act of 1995, that involve a number of risks and uncertainties. There can be no assurance that such statements will prove to be accurate and the actual results and future events could differ materially from management's current expectations. Such factors are detailed from time to time in the Company's filings with the United States Securities and Exchange Commission and other regulatory authorities.