IBMC China AG
IBMC China AG: Expansion for October 1 National Holiday Golden Week in China
IBMC China AG / Development of Sales/Miscellaneous 29.09.2009 Dissemination of a Corporate News, transmitted by DGAP - a company of EquityStory AG. The issuer / publisher is solely responsible for the content of this announcement. --------------------------------------------------------------------------- Shanghai, China September 29, 2009 - IBMC CHINA AG ('IBMC') has opened several new temporary locations in busy shopping areas to add sales during the October 1 National Holiday and Golden Week of China. Golden Week in the mainland of the People's Republic of China is the name given to two annual 7-day national holidays, implemented in 2000. The PRC was founded on October 1, 1949 with a ceremony at Tiananmen Square During last year 2008 National Holiday, an estimated 180 million China residents took time to travel. The most popular destination for China travelers during this time is definitely Shanghai. Giving a chance at other rural city residents the opportunity to visit the metropolitan capital of China and go on a shopping spree. IBMC has learned that during this time, shoppers are happier to spend and purchase. IBMC is taking advantage of this travel week and shopping days at this time of year when consumers are out in full force. IBMC imagines the temporary stores for the holiday season provide promotion of our brands as well as revenue. The Company will be giving out great promotional sales and price cuts to drive larger revenue during this time. This one week of sales can generate enough revenue to match a half year if planned correctly. ABOUT IBMC CHINA AG (IBMC) http://www.ibmcchina.de IBMC purpose is to open multiple International fashion brands franchise stores all over China. Acting as the master licensee for international fashion brands and retailers, and leveraging its brands recognition, designs, marketing experience and skills, IBMC will open multiple stores for each brand. IBMC stores will either be company owned or franchisee operations to penetrate China, the fastest growing economy in the world. These stores may be in the form of free standing, independent stores or stores/corners within large department stores. For further information, please email info@ibmcchina.com Certain of the statements made herein constitute forward-looking statements that involve risks and uncertainties. In such instances, actual results could differ materially as a result of a variety of factors including the risks associated with the effect of changing economic conditions at home and abroad, variations in cash flow, reliance on collaborative retail partners, and on new product development, variations in new product and service development, risks associated with rapid technological change, and potential of introduced or undetected flaws and defects in products and services and other risk factors detailed in forms filed. For further information, please email info@ibmcchina.com 29.09.2009 Financial News transmitted by DGAP ---------------------------------------------------------------------------
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