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 net profit margins in the 50-55% range. At this moment, the company plans to meet their goal of 250 stores by the end of 2008. These stores will sell the company’s high-end fashions aimed at female Chinese executives and other affluent women in the business world.

Stock in OLOU has gone up from $1.30 per share to $1.35 following the good news and positive comments made by the Chairwoman and CEO of OmniaLuo, Inc., Ms. Cindy Luo. Within the past year, the company’s stock has seen a high of over $2.00 a share – a number that they hope not only to cover but top in the coming months as their share in the Chinese high fashion women’s apparel market continues to grow.

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