SHANGHAI, Dec. 27, 2012 /PRNewswire-FirstCall/ -- Zuoan Fashion Limited (NYSE: ZA) ("Zuoan" or the "Company"), a leading design-driven fashion casual menswear company in China, today announced that it was one of fifty-six textile and apparel companies awarded the '2012 Product Development Award' from the China National Textile and Apparel Council ("CNTAC").
CNTAC is a national, nonprofit federation of textile-related industries that aims to provide the best service to the modernization of China's textile industry. The Product Development Award is given to the companies which have made significant product development contributions in China's textile and apparel industry in 2012.
James Hong, Founder, Chairman of the Board and Chief Executive Officer, commented, "We are proud to be a recipient of the '2012 Product Development Award' and are grateful to the China National Textile and Apparel Council for recognizing our fashion casual menswear products and Zuoan's leading position in China's apparel market. We have a strong design team, comprised of both domestic and international fashion design talent, and have incorporated the latest technology to enhance our fabric design, accessories and apparel innovation. By accepting this award, we remain committed to developing high-quality, in-demand fashion products and will continue our efforts to contribute to the overall development of China's textile and apparel industry."About Zuoan Fashion Limited Zuoan Fashion Limited is a leading design-driven fashion casual menswear company in China, and is head-quartered in Shanghai. Zuoan offers a wide range of products, including men's casual apparel, footwear and lifestyle accessories, primarily targeting urban males between the ages of 20 and 40 who prefer stylish clothing that represents a sophisticated lifestyle. Through extensive networks of distributors and retail stores, Zuoan sells its products in 30 of China's 32 provinces and municipalities. As of September 30, 2012, Zuoan had 1,289 stores located in China. Safe Harbor