Forward-Looking StatementsThis news release may contain forward-looking information about Zuoan Fashion Limited, which is covered under the safe harbor for forward-looking statements provided by the Private Securities Litigation Reform Act of 1995. Forward-looking statements are statements that are not historical facts. These statements can be identified by the use of forward-looking terminology such as believe, expect, may, will, should, project, plan, seek, intend, or anticipate or the negative thereof or comparable terminology, and include discussions of strategy and statements about industry trends and Zuoan Fashion Limited’s future performance, operations, and products. Such statements are subject to risks and uncertainties that could cause actual results to differ materially from those projected, including, among other things, those relating to our anticipated growth strategies, our future business development, our ability to promote our brand based on consumer preference or demand, our relationship with distributors and sub-distributors, and trends and competition in the fashion casual menswear industry. Actual performance results may vary significantly from expectations and projections. Further information regarding this and other risk factors are contained in Zuoan’s public filings with the U.S. Securities and Exchange Commission. All information provided in this news release and in any attachments is as of the date of the release, and the companies do not undertake any obligation to update any forward-looking statement as a result of new information, future events or otherwise, except as required under law.
Zuoan Fashion Limited (NYSE: ZA) (“Zuoan” or the “Company”), a leading design-driven fashion casual menswear company in China, today announced that it was awarded China Fashion Week's 'Menswear Design Award' for 2011. China Fashion Week was established in 1997 and is a well- renowned platform for fashion design and trend shows. It has evolved into an internationally-recognized, high-end fashion industry event with 50 fashion brands and agencies, 40 fashion designers, and 180 fashion graduates participating in this ten-day event from October 24 th to November 2 nd, 2011, On November 1 st, 2011, the Awards Ceremony of 2011 China Fashion Week was held in Beijing Hotel and crowned a number of winners, including Annual Best Fashion Designer, China's Top 10 Fashion Designers, Womenswear Design Award, Menswear Design Award, Best Fashion Brand, Best Professional Model, Best Make-up Stylist, Best Fashion Photographer, and etc. James Hong, Founder, Chairman, CEO and Chief Designer of Zuoan Fashion Limited commented, “We are honored to have received the 'Menswear Design Award' for 2011 and would like to thank China Fashion Week Organization Committee for recognizing Zuoan. We unveiled two collections at the fashion week event. Our Spring collection, designed for casual occasions incorporated elements of sea and nature while our Summer collection mixed modern urban culture with fashionable basics, all designed to meet the tastes of mature male customers. We are thrilled to have our designs move from runway-to-reality and be more accessible to our customers. As Zuoan gains more awareness in the fashion industry as well as among Chinese consumers, we continue to leverage our design capabilities and distributor & flagship network expansion initiatives to further increase Zuoan’s prominence as a leading menswear brand in China.” 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 27 of China’s 32 provinces and municipalities. As of June 30, 2011, Zuoan had 1,167 stores located in China.