Omnialuo Inc Omnialuo Inc http://chinasecurities.com/ir/Omnialuo en-US 27 May 2009 07:00:00 GMT 19 May 2013 18:28:15 GMT [Press Release] OmniaLuo Announces Operating Results for the First Quarter 2009 message_2261 27 May 2009 07:00:00 GMT http://chinasecurities.com/ir/Omnialuo/messages/2261 SHENZHEN, China, May 27 /PRNewswire-Asia-FirstCall/ -- OmniaLuo, Inc. ('OmniaLuo' or the 'Company') (OTC Bulletin Board: OLOU - News), a China-based company engaged in the business of designing, developing, marketing and distributing fine women's apparel under the brand name OMNIALUO, announced record operating results for the first quarter ended March 31, 2009.

OmniaLuo reported revenue of approximately $3.0 million for the quarter ended March 31, 2009, representing a small increase even though we are facing the economic downturn, compared to approximately $2.5 million for the quarter ended March 31, 2008.

Revenue from sales to independent distributors for the quarter ended March 31, 2009 was approximately $1.7 million (58% of total sales revenue for the period), as compared to approximately $1.67 million for the quarter ended March 31, 2008, representing a 2% increase.

Revenue from sales from Company-owned and co-owned stores for the quarter ended March 31, 2009 was approximately $1.2 million (41.8% of total sales revenue for the period), as compared to approximately $0.87 million for the quarter ended March 31, 2008, representing a 40% increase.

OmniaLuo reported overall gross profit of approximately $1.6 million for the three months ended March 31, 2009, (representing an overall gross profit margin of 53.1%), as compared with overall gross profit of $1,465,919 for the three months ended March 31, 2008 (representing an overall gross profit margin of 57.6%). The decrease in gross profit margin was mainly attributable to the aggressive discount promotions in most of the shopping malls. During the first quarter of 2009, due to negative impact of the global recession, consumers were unwilling to buy higher end clothes. As a result, most of the shopping malls were forced to deeply discount the merchandise to promote sales, which in turn cut into our overall gross profit margin for the first quarter of 2009.

OmniaLuo reported net income of approximately $0.3 million for the three months ended March 31, 2009, as compared with $0.5 million for the three months ended March 31, 2008, representing a decrease of 41.6% for the reasons described above.

Based on 22,840,000 shares outstanding on a weighted average basis as of March 31, 2009, OmniaLuo had a net income of approximately $0.01 per share for the quarter ended March 31, 2009, as compared to a net income of approximately $0.02 per share for the quarter ended March 31, 2008.

About OmniaLuo, Inc.

OmniaLuo, Inc. ( http://ir.omnialuo.com ), based in China's fashion capital of Shenzhen, is in the business of designing, developing, marketing and distributing fine women's apparel under the brand name OMNIALUO. OMNIALUO's apparel embodies elegance, femininity and sophistication for China's rapidly growing class of urban and affluent female professionals. Under the leadership of Cindy Luo, the founder, Chairwoman and Chief Designer of the Company, the Company has won numerous prestigious awards and was recently named by Cosmopolitan Magazine the "2008 Chinese Fashion Designer of the Year". OMNIALUO's goal is to become the Chinese brand equivalent of Ralph Lauren, Vera Wang and Anna Sui.

To be added to the OmniaLuo, Inc. investor email list, please email davidwang@omnialuo.com.cn , with OLOU in the subject line.

    OmniaLuo Investor Resources

     Women's Wear Daily Article: http://tinyurl.com/June2...
     Fact Sheet: http://tinyurl.com/prese...
     Video: 


    For more information, please contact:

     OmniaLuo, Inc.
     David Wang
     Tel:   +86-755-8609-5618
     Email: davidwang@omnialuo.com.cn
]]>
      
    
    
      [Press Release] OMNIALUO Net Income Clarification
      message_1536
      10 Apr 2009 07:00:00 GMT
      http://chinasecurities.com/ir/Omnialuo/messages/1536
      
        SHENZHEN, China, April 10 /PRNewswire-Asia-FirstCall/ -- OmniaLuo, Inc. (http://ir.omnialuo.com/ ) ("OmniaLuo" or the "Company") (OTC Bulletin Board: OLOU - News), a China-based company engaged in the business of designing, developing, marketing and distributing fine women's apparel under the brand name OMNIALUO, announced a clarification to a statement concerning anticipated net income which the Company made in its February 23, 2009 press release entitled "OmniaLuo Revises FY 2008 Guidance and Updates Store Count." In that release we announced that: "OmniaLuo anticipates 2008 revenue of approximately $12.0 million, net income of approximately $2.5 million and earnings per share of approximately $0.11 based on basic shares outstanding of 22.84M."






On April 2, 2009, we issued a press release entitled "OmniaLuo Announces Fourth Quarter and Full Year 2008 Operating Results" in which we stated: "For the full year ended December 31, 2008, OmniaLuo reported record revenue of approximately $11.9 million, compared to approximately $7.9 million for the full year ended December 31, 2007 -- a 51% increase." We also stated: "The Company reported net income of approximately $1.0 million for the full year ended December 31, 2008..." We further stated: "Please refer to the Company's 2008 Annual Report as filed with the Securities Exchange Commission on March 31, 2008 for additional information about the Company's results of operations and financial conditions for the year ended December 31, 2008."


In the two press releases the 2008 revenue numbers are substantially the same, but there is $1.5 million difference in 2008 net income between the guidance we issued in the February 23, 2009 press release and the actual net income for 2008 we announced in the April 2, 2009 press release. The reason for the difference is that in the February 23, 2009 press release the $2.5 million net income was meant to refer to the net income of our only operating subsidiary, but not to the net income of the Company on a consolidated basis.


The subsidiary is the only operating subsidiary of the parent company whose only business is acting as a holding company. In 2008, the subsidiary generated net income of $2,553,925. However, when we consolidated this net income with the parent company, the consolidated net income was $1,038,676. At the parent company level, we had $414,199 in Make Good provision expense and $1,101,071 in general and administrative expenses, but no revenues.


About OmniaLuo, Inc.


OmniaLuo, Inc. (http://ir.omnialuo.com/ ), based in China's fashion capital of Shenzhen, is in the business of designing, developing, marketing and distributing fine women's apparel under the brand name OMNIALUO. OMNIALUO's apparel embodies elegance, femininity and sophistication for China's rapidly growing class of urban and affluent female professionals. Under the leadership of Cindy Luo, the founder, Chairwoman and Chief Designer of the Company, the Company has won numerous prestigious awards and was recently named by Cosmopolitan Magazine the "2008 Chinese Fashion Designer of the Year". OMNIALUO's goal is to become the Chinese brand equivalent of Ralph Lauren, Vera Wang and Anna Sui.


To be added to the OmniaLuo, Inc. investor email list, please email davidwang@omnialuo.com.cn , with OLOU in the subject line.


    OmniaLuo Investor Resources
    Women's Wear Daily Article: http://tinyurl.com/6ocw5s
    Fact Sheet: http://tinyurl.com/5al5u4
    Presentation: http://tinyurl.com/5sg7yz
    Video: http://ir.omnialuo.com/video/omnialuo.cfm


    For more information, please contact:

     OmniaLuo, Inc.
     David Wang
     Tel:   +86-755-8609-5618
     Email: davidwang@omnialuo.com.cn


SAFE HARBOR FOR FORWARD-LOOKING STATEMENTS


This news release contains forward-looking statements, including statements that include the words "believes," "expects," "anticipates," or similar expressions. Such forward-looking statements involve known and unknown risks, uncertainties and other factors that may cause the actual results, performance, or achievements of the Company to differ materially from those expressed or implied by such forward-looking statements. Factors that may affect these forward-looking statements include, among others, our dependency on our chief executive officer, principal stockholder and chief designer, our sensitivity to economic conditions and consumer spending in China, competition in our industry, our ability to effectively manage our growth, our ability to raise capital in the future, changes in China's economic or political situation, and other factors set forth in our Annual Report on Form 10-KSB filed with the United States Securities and Exchange Commission or otherwise set forth from time to time in our other public filings. This news release speaks as of the date first set forth above and the Company assumes no responsibility to update the information included herein for events occurring after the date of this news release.
]]>
      
    
    
      [Press Release] OmniaLuo Announces Fourth Quarter and Full Year 2008 Operating Results
      message_1448
      02 Apr 2009 07:00:00 GMT
      http://chinasecurities.com/ir/Omnialuo/messages/1448
      
        SHENZHEN, China, April 2 /PRNewswire-Asia-FirstCall/ -- OmniaLuo, Inc. ("OmniaLuo" or the "Company"; http://ir.omnialuo.com/ ) (OTC Bulletin Board: OLOU - News), a China-based company engaged in the business of designing, developing, marketing and distributing fine women's apparel under the brand name OMNIALUO, announced today operating results for the quarter and full year ended December 31, 2008. The Company filed an Annual Report on Form 10-K with the Securities Exchange Commission on March 31, 2008 (the "2008 Annual Report").






OmniaLuo reported revenue of approximately $627,364 for the quarter ended December 31, 2008, compared to approximately $2.7 million for the quarter ended December 31, 2007 -- a 76% decrease. The revenue decrease in the quarter ended December 31, 2009 is almost entirely attributable to the impact of the global economic recession resulting in the marked decrease in Chinese consumer spending, particularly during that period.


For the full year ended December 31, 2008, OmniaLuo reported record revenue of approximately $11.9 million, compared to approximately $7.9 million for the full year ended December 31, 2007 -- a 51% increase.


OmniaLuo reported overall gross profit for the quarter ended December 31, 2008 of approximately $594,277, compared to approximately $1,490,767 for the quarter ended December 31, 2007 -- a 60% decrease. Overall gross profit for the full year ended December 31, 2008 was approximately $7.1 million, compared to $4.3 million for the full year ended December 31, 2007 -- a 66% increase.


The Company also reported overall gross profit margin for the quarter ended December 31, 2008 of approximately 67.7%, compared to approximately 56% for the quarter ended December 31, 2007. Gross profit margin for the full year ended December 31, 2008 was 59%, compared to 54% for the full year ended December 31, 2007.


The Company reported net income of approximately $1.0 million for the full year ended December 31, 2008, compared to a net loss of approximately $1.1 million for the full year ended December 31, 2007 (Excluding approximately $1.0 million of charges associated with its 2007 reverse acquisition through a share exchange with Wentworth II, Inc. and private placement transactions and $2.3 million of non-cash charges arising from the return of escrowed shares from escrow to the Company's chief executive officer and another stockholder, OmniaLuo would have reported net income of approximately $2.2 million for the year ended December 31, 2007).


Please refer to the Company's 2008 Annual Report as filed with the Securities Exchange Commission on March 31, 2008 for additional information about the Company's results of operations and financial conditions for the year ended December 31, 2008.


To be added to the OmniaLuo, Inc. investor email list, please email Justin.Davis@cirrusfc.com with OLOU in the subject line.


About OmniaLuo, Inc.


OmniaLuo, Inc. (http://www.omnialuo.com ), based in China's fashion capital of Shenzhen, is in the business of designing, developing, marketing and distributing fine women's apparel under the brand name OMNIALUO. OMNIALUO's apparel embodies elegance, femininity and sophistication for China's rapidly growing class of urban and affluent female professionals. Ms. Cindy Luo, the founder, Chairwoman and Chief Designer of the Company, had won numerous prestigious awards and was recently named by Cosmopolitan Magazine the "2008 Chinese Fashion Designer of the Year". Under the leadership of Cindy Luo OMNIALUO sets its goal to become the Chinese brand equivalent of Ralph Lauren, Vera Wang and Anna Sui.


SAFE HARBOR FOR FORWARD-LOOKING STATEMENTS


This news release contains forward-looking statements, including statements that include the words "believes," "expects," "anticipates," or similar expressions. Such forward-looking statements involve known and unknown risks, uncertainties and other factors that may cause the actual results, performance, or achievements of the Company to differ materially from those expressed or implied by such forward-looking statements. Factors that may affect these forward-looking statements include, among others, our dependency on our chief executive officer, principal stockholder and chief designer, our sensitivity to economic conditions and consumer spending in China, competition in our industry, our ability to effectively manage our growth, our ability to raise capital in the future, changes in China's economic or political situation, and other factors set forth in our Annual Report on Form 10-KSB filed with the United States Securities and Exchange Commission or otherwise set forth from time to time in our other public filings. This news release speaks as of the date first set forth above and the Company assumes no responsibility to update the information included herein for events occurring after the date of this news release.




OmniaLuo, Inc.
Consolidated Statements of Operations and Comprehensive Income (Loss)
(Stated in US Dollars)

                                                  Year ended December 31,
                                                      2008            2007

    Revenues                                   $11,902,404       $7,875,757
    Cost of revenues                            (4,838,286)      (3,624,486)

    Gross profit                                 7,064,118        4,251,271

    Expenses
        General and administrative expenses      2,819,942        1,923,899
        Depreciation                               211,915          129,678
        Selling and marketing expenses           2,614,193          979,459

                                                 5,646,050        3,033,036

    Income from operations                       1,418,068        1,218,235
    Interest income                                 12,278            5,647
    Other income                                    63,350           19,329
    Finance costs                                  (40,821)         (38,802)
    Make good provision                           (414,199)      (2,299,893)

    Income (loss) before income taxes            1,038,676       (1,095,484)

    Income taxes                                        --               --

    Net income (loss)                           $1,038,676      $(1,095,484)

    Other comprehensive income
        Foreign currency translation adjustments   537,109          286,560

    Comprehensive income (loss)                 $1,575,785        $(808,924)

    Earnings (loss) per ordinary share
    - Basic                                          $0.05           $(0.05)

    - Diluted                                        $0.05           $(0.05)

    Weighted average number of shares
     outstanding
    - Basic                                     22,840,000       21,993,753

    - Diluted                                   22,841,215       21,993,753



OmniaLuo, Inc.
Consolidated Balance Sheets
(Stated in US Dollars)

                                                       As of December 31,
                                                         2008          2007
    ASSETS
        Current assets
            Cash and cash equivalents              $1,253,997    $3,083,715
            Trade receivables, net                  2,199,756     1,573,644
            Inventories, net                        6,460,621     2,602,653
            Other receivables and deposits          4,285,219     1,995,229

        Total current assets                       14,199,593     9,255,241
        Property and equipment, net                 1,084,289       724,681

    TOTAL ASSETS                                  $15,283,882    $9,979,922

    LIABILITIES AND STOCKHOLDERS' EQUITY

    LIABILITIES
        Current liabilities
            Secured bank loan                        $440,100           $--
            Trade payables                            734,077       281,027
            Loans from stockholders                     8,052        14,294
            Other payables, deposits
             received and accrued expenses          3,795,958     1,368,890

        Total current liabilities                   4,978,187     1,664,211

    TOTAL LIABILITIES                               4,978,187     1,664,211

    COMMITMENTS AND CONTINGENCIES

    STOCKHOLDERS' EQUITY
        Common stock: par value $0.01 per share
         authorized 40,000,000 shares;
         issued and outstanding 22,840,000
         shares                                       228,400       228,400
        Preferred stock: par value $0.01 per
         share authorized 10,000,000 shares;
         none issued and outstanding                       --            --
        Additional paid-in capital                  8,893,589     8,479,390
        Statutory reserve                             512,709       261,948
        Accumulated other comprehensive income        833,831       296,722
        Accumulated deficit                          (162,834)     (950,749)

    TOTAL STOCKHOLDERS' EQUITY                     10,305,695     8,315,711

    TOTAL LIABILITIES AND STOCKHOLDERS' EQUITY    $15,283,882    $9,979,922



    For more information, please contact:

    Cirrus Financial Communications, LLC
     Justin Davis
     Phone: +1-877-880-OLOU (6568)
     Email: Justin.Davis@cirrusfc.com
]]>
      
    
    
      [Press Release] OmniaLuo to Host Conference Call on April 1, 2009
      message_1388
      31 Mar 2009 07:01:00 GMT
      http://chinasecurities.com/ir/Omnialuo/messages/1388
      
        SHENZHEN, China, March 31 /PRNewswire-Asia-FirstCall/ -- OmniaLuo, Inc. ("OmniaLuo" or the "Company"; http://ir.omnialuo.com/ ) (OTC Bulletin Board: OLOU - News), a China-based company engaged in the business of designing, developing, marketing and distributing fine women's apparel under the brand name OMNIALUO, will host a conference call on Wednesday, April 1, 2009 to review fourth quarter and full year 2008 financial results. The conference call is scheduled for 9:00 am, Eastern Time.  To participate in the call, please dial:






    U.S. and Canada:     (866) 393-5677
    International:       (706) 902-1860
    Conference ID:       21420227


A replay of the call will be available two hours after completion. You will be able to access it at any time through the OmniaLuo Website at http://www.ir.omnialuo.com , or by phone until May 1, 2009. To access the replay by phone, please dial:


    U.S. and Canada:     (800) 633-8625
    International:       (402) 977-9141
    Conference ID:       21420227


To be added to the OmniaLuo investor email list, please email Justin.Davis@cirrusfc.com with OLOU in the subject line.


About OmniaLuo, Inc.


OmniaLuo, Inc. (http://www.omnialuo.com ), based in China's fashion capital of Shenzhen, is in the business of designing, developing, marketing and distributing fine women's apparel under the brand name OMNIALUO. OMNIALUO's apparel embodies elegance, femininity and sophistication for China's rapidly growing class of urban and affluent female professionals. Under the leadership of Cindy Luo, the Company's founder and award winning chief designer, OMNIALUO is positioned to become the Chinese brand equivalent of Ralph Lauren, Vera Wang and Anna Sui.


SAFE HARBOR FOR FORWARD-LOOKING STATEMENTS


This news release contains forward-looking statements, including statements that include the words "believes," "expects," "anticipates," or similar expressions. Such forward-looking statements involve known and unknown risks, uncertainties and other factors that may cause the actual results, performance, or achievements of the Company to differ materially from those expressed or implied by such forward-looking statements. Factors that may affect these forward-looking statements include, among others, our dependency on our chief executive officer, principal stockholder and chief designer, our sensitivity to economic conditions and consumer spending in China, competition in our industry, our ability to effectively manage our growth, our ability to raise capital in the future, changes in China's economic or political situation, and other factors set forth in our Annual Report on Form 10-KSB filed with the United States Securities and Exchange Commission or otherwise set forth from time to time in our other public filings. This news release speaks as of the date first set forth above and the Company assumes no responsibility to update the information included herein for events occurring after the date of this news release.


    For more information, please contact:

    Cirrus Financial Communications, LLC
     Justin Davis
     Phone: +1-877-880-OLOU (6568)
     Email: Justin.Davis@cirrusfc.com
]]>
      
    
    
      [Photo] Zheng Luo
      photo_396
      19 Mar 2009 20:55:19 GMT
      http://chinasecurities.com/ir/Omnialuo/photos
      
        20081119133454109836]]>
      
    
    
      [Press Release] OmniaLuo Revises FY 2008 Guidance and Updates Store Count
      message_1082
      23 Feb 2009 08:02:00 GMT
      http://chinasecurities.com/ir/Omnialuo/messages/1082
      
        SHENZHEN, China, Feb. 23 /PRNewswire-Asia-FirstCall/ -- OmniaLuo, Inc. ('OmniaLuo' or the 'Company'; http://omnialuo.com/ ) (OTC Bulletin Board: OLOU), a China-based company engaged in the business of designing, developing, marketing and distributing fine women's apparel under the brand name OMNIALUO, today revised its previously issued full year 2008 guidance and also updated its open store count.


OmniaLuo (http://www.omnialuo.com.cn/ ) anticipates 2008 revenue of approximately $12.0 million, net income of approximately $2.5 million and earnings per share of approximately $0.11 based on basic shares outstanding of 22.84M.


The reduction in both revenue and net income expectations is almost entirely attributable to the impact of the global economic recession and the presumed temporary but nonetheless marked decrease in Chinese consumer spending, particularly in fourth quarter 2008. As a result of this, the Company was forced to close certain stores that did not make their pre-determined sales requirements. OmniaLuo deemed this necessary in order to remove non-performers from an otherwise strong network of retail outlets. While formerly on pace to meets its goal of 250 stores by year-end 2008, it became necessary in the fourth quarter to cease pursuit of this goal and trim store count for the good of the Company's long term success.


On November 12, 2008, OmniaLuo reported 245 stores open. It thereafter became strategically necessary to close 5 company-owned stores, 16 co-owned stores and 16 independent distributor stores, or 37 stores in total. As of December 31, 2008, the Company had 208 total stores, including 27 company-owned stores, 31 co-owned stores and 150 independent distributor stores.


Additional stores that did not meet performance requirements in January were subsequently closed. As of January 31, 2009 OmniaLuo had 178 total stores, including 27 company-owned stores, 31 co-owned stores, and 120 independent distributor stores.


'This has been a challenging few months to be sure, but we believe it has ultimately helped us position ourselves for greater long-term health, and both domestic and international growth,' affirmed OmniaLuo Chairwoman and CEO Cindy Luo. 'Trying market conditions revealed those stores with poor management or in inopportune locations; with these stores thus exposed and removed we are left with a much stronger retail channel and have gained priceless experience that will make each future store opening the stronger for it. We are prepared to gradually open new stores as the Chinese consumer climate improves. Our total store count goal for 2009 is 200.'


To be added to the OmniaLuo, Inc. investor email list, please email justin.davis@cirrusfc.com with OLOU in the subject line.


About OmniaLuo, Inc.


OmniaLuo, Inc. ( http://www.omnialuo.com ), based in China's fashion capital of Shenzhen, is in the business of designing, developing, marketing and distributing fine women's apparel under the brand name OMNIALUO. OMNIALUO's apparel embodies elegance, femininity and sophistication for China's rapidly growing class of urban and affluent female professionals. Ms. Cindy Luo, the founder, Chairwoman and Chief Designer of the Company, has won numerous prestigious awards and was recently named by Cosmopolitan Magazine the '2008 Chinese Fashion Designer of the Year'. Under the leadership of Cindy Luo OMNIALUO sets its goal to become the Chinese brand equivalent of Ralph Lauren, Vera Wang and Anna Sui.


SAFE HARBOR FOR FORWARD-LOOKING STATEMENTS


This news release contains forward-looking statements, including statements that include the words 'believes,' 'expects,' 'anticipates,' or similar expressions. Such forward-looking statements involve known and unknown risks, uncertainties and other factors that may cause the actual results, performance, or achievements of the Company to differ materially from those expressed or implied by such forward-looking statements. Factors that may affect these forward-looking statements include, among others, our dependency on our chief executive officer, principal stockholder and chief designer, our sensitivity to economic conditions and consumer spending in China, competition in our industry, our ability to effectively manage our growth, our ability to raise capital in the future, changes in China's economic or political situation, and other factors set forth in our Annual Report on Form 10-KSB filed with the United States Securities and Exchange Commission or otherwise set forth from time to time in our other public filings. This news release speaks as of the date first set forth above and the Company assumes no responsibility to update the information included herein for events occurring after the date of this news release.


    For more information, please contact:

    Cirrus Financial Communications, LLC
     Justin Davis
     Phone: +1-877-880-OLOU (6568)
     Email: Justin.Davis@cirrusfc.com
     Web:   http://www.cirrusfc.com


SOURCE  OmniaLuo, Inc.



 Source: PR Newswire (February 23, 2009 - 9:02 AM EST)
]]>
      
    
    
      [Press Release] OmniaLuo Reports Q4 and Full Year 2008 Same Store Sales Results
      message_1083
      23 Feb 2009 08:01:00 GMT
      http://chinasecurities.com/ir/Omnialuo/messages/1083
      
        SHENZHEN, China, Feb. 23 /PRNewswire-Asia-FirstCall/ -- OmniaLuo, Inc. ('OmniaLuo' or the 'Company'; http://omnialuo.com/ ) (OTC Bulletin Board: OLOU), a China-based company engaged in the business of designing, developing, marketing and distributing fine women's apparel under the brand name OMNIALUO, announced today fourth quarter and full year 2008 same store sales results.


In dollar terms, same stores sales fell by approximately 0.2% in the quarter ended December 31, 2008, while for the full year ended December 31, 2008 they rose in aggregate by approximately 79%. These assume average annual 1 USD/RMB exchange rates of 6.9623 for 2008 and 7.6172 for 2007.


'Given the state of the global economy, we remain very encouraged by our 2008 same store sales results,' stated Cindy Luo, OmniaLuo Chairwoman and CEO. 'However, Chinese consumer spending has been by no means immune to the world's economic contraction, and we saw that reflected in sharply lower fourth quarter 2008 sales. That trend may continue in the near term but we are confident in our future growth prospects.'


Same store sales data was collected from the 29 company and co-owned stores open for full years 2007 and 2008. The Company cannot accurately report on results from independent distributor stores.


To be added to the OmniaLuo, Inc. investor email list, please email justin.davis@cirrusfc.com with OLOU in the subject line.


About OmniaLuo, Inc.


OmniaLuo, Inc. (http://www.omnialuo.com ), based in China's fashion capital of Shenzhen, is in the business of designing, developing, marketing and distributing fine women's apparel under the brand name OMNIALUO. OMNIALUO's apparel embodies elegance, femininity and sophistication for China's rapidly growing class of urban and affluent female professionals. Under the leadership of Cindy Luo, the Company's founder and award winning chief designer, OMNIALUO is positioned to become the Chinese brand equivalent of Ralph Lauren, Vera Wang and Anna Sui.


SAFE HARBOR FOR FORWARD-LOOKING STATEMENTS


This news release contains forward-looking statements, including statements that include the words 'believes,' 'expects,' 'anticipates,' or similar expressions. Such forward-looking statements involve known and unknown risks, uncertainties and other factors that may cause the actual results, performance, or achievements of the Company to differ materially from those expressed or implied by such forward-looking statements. Factors that may affect these forward-looking statements include, among others, our dependency on our chief executive officer, principal stockholder and chief designer, our sensitivity to economic conditions and consumer spending in China, competition in our industry, our ability to effectively manage our growth, our ability to raise capital in the future, changes in China's economic or political situation, and other factors set forth in our Annual Report on Form 10-KSB filed with the United States Securities and Exchange Commission or otherwise set forth from time to time in our other public filings. This news release speaks as of the date first set forth above and the Company assumes no responsibility to update the information included herein for events occurring after the date of this news release.


    For more information, please contact:

    Cirrus Financial Communications, LLC
     Justin Davis
     Phone: +1-877-880-OLOU (6568)
     Email: Justin.Davis@cirrusfc.com
     Web:   http://www.cirrusfc.com


SOURCE  OmniaLuo, Inc.



 Source: PR Newswire (February 23, 2009 - 9:01 AM EST)
]]>
      
    
    
      [Broadcast] Corporate Video
      broadcast_192
      19 Mar 2009 20:47:34 GMT
      http://chinasecurities.com/ir/Omnialuo/webcasts/192
      
        
      
    
    
      [Press Release] Cosmopolitan Magazine Names Cindy Luo '2008 Chinese Fashion Designer of the Year
      message_1084
      06 Jan 2009 08:02:00 GMT
      http://chinasecurities.com/ir/Omnialuo/messages/1084
      
        SHENZHEN, China, Jan. 6 /PRNewswire-Asia-FirstCall/ -- OmniaLuo, Inc. ( http://omnialuo.com/ ) ('OmniaLuo' or the 'Company') (OTC Bulletin Board: OLOU), a China-based company engaged in the business of designing, developing, marketing and distributing fine women's apparel under the brand name OMNIALUO, announced today that Cosmopolitan Magazine has named OmniaLuo Chairwoman and Chief Designer the '2008 Chinese Fashion Designer of the Year.' Ms. Luo received this prestigious award at the Chinese version of the publication's December 11th '2008 Women of the Year' ceremony. Sponsored by the Proctor & Gamble brand 'Olay', this high profile event highlighted the achievements of Chinese female leaders across sports, entertainment, design, literature and more.


'This award was not only an incredible honor for me personally, but truly a great tribute to the OMNIALUO brand,' stated Ms. Cindy Luo, Founder, Chairwoman and CEO of OmniaLuo. 'With the recognition of international icon Cosmopolitan Magazine, OMNIALUO has achieved a level of visibility and recognition few brands in China, and indeed the world, can claim. This award was the perfect cap on an extremely successful year for the Company, and a sign of the global things to come for OmniaLuo in 2009,' added Ms. Luo.


To be added to the OmniaLuo, Inc. investor email list, please email justin.davis@cirrusfc.com with OLOU in the subject line.


About OmniaLuo, Inc.


OmniaLuo, Inc. ( http://www.omnialuo.com ), based in China's fashion capital of Shenzhen, is in the business of designing, developing, marketing and distributing fine women's apparel under the brand name OMNIALUO. OMNIALUO's apparel embodies elegance, femininity and sophistication for China's rapidly growing class of urban and affluent female professionals. With its rapid and strategic expansion plan, OMNIALUO plans to increase its retail presence to more than 250 retail stores and distributor relationships by year end 2008.  Under the leadership of Cindy Luo, the Company's founder and award winning chief designer, OMNIALUO is positioned to become China's top fashion brand.


    OmniaLuo Investor Resources
    Women's Wear Daily Article: http://tinyurl.com/66daks
    Fact Sheet:   http://tinyurl.com/48ndz3
    Presentation: http://tinyurl.com/8kkf2f


SAFE HARBOR FOR FORWARD-LOOKING STATEMENTS


This news release contains forward-looking statements, including statements that include the words 'believes,' 'expects,' 'anticipates,' or similar expressions. Such forward-looking statements involve known and unknown risks, uncertainties and other factors that may cause the actual results, performance, or achievements of the Company to differ materially from those expressed or implied by such forward-looking statements. Factors that may affect these forward-looking statements include, among others, our dependency on our chief executive officer, principal stockholder and chief designer, our sensitivity to economic conditions and consumer spending in China, competition in our industry, our ability to effectively manage our growth, our ability to raise capital in the future, changes in China's economic or political situation, and other factors set forth in our Annual Report on Form 10-KSB filed with the United States Securities and Exchange Commission or otherwise set forth from time to time in our other public filings. This news release speaks as of the date first set forth above and the Company assumes no responsibility to update the information included herein for events occurring after the date of this news release.


    For more information, please contact:

    Cirrus Financial Communications, LLC
     Justin Davis
     Tel:   +1-877-880-OLOU (6568)
     Email: Justin.Davis@cirrusfc.com
     Web:   http://www.cirrusfc.com


SOURCE  OmniaLuo, Inc.



 Source: PR Newswire (January 6, 2009 - 9:02 AM EST)
]]>
      
    
    
      [Press Release] OmniaLuo to Host Conference Call on November 18, 2008
      message_1085
      17 Nov 2008 16:13:00 GMT
      http://chinasecurities.com/ir/Omnialuo/messages/1085
      
        SHENZHEN, China, Nov. 17 /Xinhua-PRNewswire-FirstCall/ -- http://ir.omnialuo.com ('OmniaLuo' or the 'Company') (OTC Bulletin Board: OLOU), a China-based company engaged in the business of designing, developing, marketing and distributing fine women's apparel under the brand name OMNIALUO, will host a conference call on Tuesday, November 18, 2008 to review third quarter 2008 financial results. The conference call is scheduled for 9:00 am, Eastern Time.  To participate in the call, please dial:


    U.S. and Canada: (866) 393-5677
    International:   (706) 902-1860
    Conference ID:    21399855


A replay of the call will be available two hours after completion. You will be able to access it at any time through the OmniaLuo Website at http://www.ir.omnialuo.com , or by phone until December 17, 2008. To access the replay by phone, please dial:


    U.S. and Canada: (800) 633-8625
    International:   (402) 977-9141
    Conference ID:    21399855


To be added to the OmniaLuo, Inc. investor email list, please email pamela.solly@cirrusfc.com with OLOU in the subject line.


About OmniaLuo, Inc.


OmniaLuo, Inc. (ir.omnialuo.com), based in China's fashion capital of Shenzhen, is in the business of designing, developing, marketing and distributing fine women's apparel under the brand name OMNIALUO.  OMNIALUO's apparel embodies elegance, femininity and sophistication for China's rapidly growing class of urban and affluent female professionals. With its rapid and strategic expansion plan, OMNIALUO plans to increase its retail presence to more than 250 retail stores and distributor relationships by year-end 2008. Under the leadership of Cindy Luo, the Company's founder and award winning chief designer, OMNIALUO is positioned to become the Chinese brand equivalent of Ralph Lauren, Vera Wang and Anna Sui.


    OmniaLuo Investor Resources
    Women's Wear Daily Article: http://tinyurl.com/WomensWear
    Fact Sheet: http://tinyurl.com/5al5u4
    Presentation: http://tinyurl.com/5sg7yz
    Video: http://ir.omnialuo.com/video/omnialuo.cfm

    For more information, please contact:

     Cirrus Financial Communications, LLC
     Pamela Solly
     Tel:   +1-877-880-OLOU (6568)
     Email: Pamela.Solly@cirrusfc.com


SAFE HARBOR FOR FORWARD-LOOKING STATEMENTS


This news release contains forward-looking statements, including statements that include the words 'believes,' 'expects,' 'anticipates,' or similar expressions. Such forward-looking statements involve known and unknown risks, uncertainties and other factors that may cause the actual results, performance, or achievements of the Company to differ materially from those expressed or implied by such forward-looking statements. Factors that may affect these forward-looking statements include, among others, our dependency on our chief executive officer, principal stockholder and chief designer, our sensitivity to economic conditions and consumer spending in China, competition in our industry, our ability to effectively manage our growth, our ability to raise capital in the future, changes in China's economic or political situation, and other factors set forth in our Annual Report on Form 10-KSB filed with the United States Securities and Exchange Commission or otherwise set forth from time to time in our other public filings. This news release speaks as of the date first set forth above and the Company assumes no responsibility to update the information included herein for events occurring after the date of this news release.


SOURCE  OmniaLuo, Inc.



 Source: PR Newswire (November 17, 2008 - 5:13 PM EST)
]]>
      
    
    
      [Press Release] OmniaLuo Revenue Up 87% and Net Income Up 100% for Third Quarter 2008
      message_1086
      17 Nov 2008 08:02:00 GMT
      http://chinasecurities.com/ir/Omnialuo/messages/1086
      
        Quarter Ended September 30, 2008:

-- Revenue up 87% to $5.0 million


-- Net income up 100% to $1.2 million


-- EPS up 25% to $0.05


Nine Months Ended September 30, 2008:


-- Revenue up 116% to $11.3 million


-- Net income up 118% to $2.4 million


-- EPS up 56% to $0.11


SHENZHEN, China, Nov. 17 /Xinhua-PRNewswire-FirstCall/ -- OmniaLuo, Inc. ('OmniaLuo' or the 'Company') (OTC Bulletin Board: OLOU), a China-based company engaged in the business of designing, developing, marketing and distributing fine women's apparel under the brand name OMNIALUO, announced record operating results for the quarter and nine months ended September 30, 2008.


OmniaLuo reported record revenue of approximately $5.0 million for the quarter ended September 30, 2008, compared to approximately $2.7 million for the quarter ended September 30, 2007 - an 87% increase.  For the nine months ended September 30, 2008, OmniaLuo reported record revenue of approximately $11.3 million, compared to approximately $5.2 million for the nine months ended September 30, 2007 - a 116% increase.  The substantial increase in revenue was primarily attributable to the increase in the number of independent distributors and stores, as well as the increase in sales by existing independent distributors and stores.


Revenue from sales to independent distributors for the quarter ended September 30, 2008 was approximately $3.4 million (67% of total sales revenue for the period), compared to approximately $2.1 million for the quarter ended September 30, 2007 - a 62% increase.  Revenue from sales to independent distributors for the nine months ended September 30, 2008 was approximately $7.6 million (67% of total sales revenue for the period), compared to approximately $4.1 million for the nine months ended September 30, 2007 - an 84% increase.  The increase in revenue from independent distributors was attributable to the increase in the number of independent distributor stores from 114 stores as of September 30, 2007 to 163 stores as of September 30, 2008, as well as an increase in sales by existing independent distributor stores.


Revenue from sales from Company-owned and co-owned stores for the quarter ended September 30, 2008 was approximately $1.6 million (33% of total sales revenue for the period), compared to approximately $0.6 million for the quarter ended September 30, 2007 - a 173% increase.   Revenue from sales from Company-owned and co-owned stores for the nine months ended September 30, 2008 was approximately $3.7 million (33% of total sales revenue for the period), compared to approximately $1.1 million for the nine months ended September 30, 2007 - a 239% increase.  The increase in revenue from Company-owned and co- owned stores reflected the increase in the number of Company-owned and co- owned stores from 49 such stores as of September 30, 2007 to 79 such stores as of September 30, 2008.


OmniaLuo reported overall gross profit for the quarter ended September 30, 2008 of approximately $2.8 million, compared to approximately $1.3 million for the quarter ended September 30, 2007 - a 114% increase.  Overall gross profit for the nine months ended September 30, 2008 was approximately $6.5 million, compared to $2.8 million for the nine months ended September 30, 2007 - a 134% increase.


The Company also reported overall gross profit margin for the quarter ended September 30, 2008 of approximately 56%, compared to approximately 49% for the quarter ended September 30, 2007.  Gross profit margin for the nine months ended September 30, 2008 was 57%, compared to 53% for the nine months ended September 30, 2007.


OmniaLuo reported net income of approximately $1.2 million for the quarter ended September 30, 2008, compared to net income of approximately $0.6 million for the quarter ended September 30, 2007 - a 100% increase.  The Company reported net income of approximately $2.4 million for the nine months ended September 30, 2008, compared to approximately $1.1 million for the nine months ended September 30, 2007 - a 118% increase.


Based on the weighted average number of shares outstanding of 22,840,000 as of September 30, 2008, OmniaLuo had net income of approximately $0.05 per share for the quarter ended September 30, 2008, as compared to net income of approximately $0.04 per share for the quarter ended September 30, 2007. OmniaLuo reported net income of approximately $0.11 per share for the nine months ended September 30, 2008, as compared to $0.07 for the nine months ended September 30, 2007 - 56% increase.


As of September 30, 2008, a total of 28,544,752 shares of common stock were issued and outstanding on a fully diluted basis included: 1) 22,840,000 issued and outstanding shares, 2) 4,920,000 shares issuable upon exercise of private placement investor warrants, 3) 492,000 shares issuable upon exercise of placement agent warrants and 4) 292,752 shares issuable upon exercise of venture capital investor warrants.


Earnings Conference Call


OmniaLuo will host a conference call on Tuesday, November 18, 2008 to review third quarter 2008 financial results.  The conference call is scheduled for 9:00 a.m. Eastern Time.  To participate in the call, please dial:


    - U.S. and Canada:         1 (866) 393-5677
    - International:           1 (706) 902-1860
    - Conference ID:           21399855


A replay of the call will be available two hours after completion of the call.  You will be able to access it at any time through the OmniaLuo Website at http://ir.omnialuo.com , or by phone until December 17, 2008.  To access the replay by phone, please dial:


    - U.S. and Canada:         1 (800) 633-8625
    - International:           1 (402) 977- 9141
    - Conference ID:           21399855


To be added to the OmniaLuo, Inc. investor email list, please email pamela.solly@cirrusfc.com with OLOU in the subject line.


About OmniaLuo, Inc.


OmniaLuo, Inc. ( http://ir.omnialuo.com ), based in China's fashion capital of Shenzhen, is in the business of designing, developing, marketing and distributing fine women's apparel under the brand name OMNIALUO. OMNIALUO's apparel embodies elegance, femininity and sophistication for China's rapidly growing class of urban and affluent female professionals. With its rapid and strategic expansion plan, OMNIALUO plans to increase its retail presence to more than 250 retail stores and distributor relationships by year end 2008.  Under the leadership of Cindy Luo, the Company's founder and award winning chief designer, OMNIALUO is positioned to become the Chinese brand equivalent of Ralph Lauren, Vera Wang and Anna Sui.


    OmniaLuo Investor Resources
    Women's Wear Daily Article: http://tinyurl.com/June202008pdf
    Fact Sheet: http://tinyurl.com/Fact-Sheet-Omnialuo
    Presentation: http://tinyurl.com/presentation-Omnialuo
    Video: http://ir.omnialuo.com/video/omnialuo.cfm


Safe Harbor For Forward-Looking Statements


This news release contains forward-looking statements, including statements that include the words 'believes,' 'expects,' 'anticipates,' or similar expressions.  Such forward-looking statements involve known and unknown risks, uncertainties and other factors that may cause the actual results, performance, or achievements of the Company to differ materially from those expressed or implied by such forward-looking statements.  Factors that may affect these forward-looking statements include, among others, our dependency on our chief executive officer, principal stockholder and chief designer, our sensitivity to economic conditions and consumer spending in China, competition in our industry, our ability to effectively manage our growth, our ability to raise capital in the future, changes in China's economic or political situation, and other factors set forth in our Annual Report on Form 10-KSB filed with the United States Securities and Exchange Commission or otherwise set forth from time to time in our other public filings.  This news release speaks as of the date first set forth above and the Company assumes no responsibility to update the information included herein for events occurring after the date of this news release.



     Condensed Consolidated Statements of Income and Comprehensive Income
       For the three and nine months ended September 30, 2008 and 2007
                            (Stated in US Dollars)


                             Three months ended        Nine months ended
                          September 30, (Unaudited) September 30, (Unaudited)
                              2008        2007          2008        2007

    Revenues               $4,993,937  $2,670,327  $11,275,040  $5,213,278
    Cost of revenues       (2,180,121) (1,356,930)  (4,805,199) (2,452,774)

    Gross profit            2,813,816   1,313,397    6,469,841   2,760,504

    Expenses
     General and
      administrative
      expenses                755,200     358,893    2,180,486     989,857
     Depreciation              74,571      36,808      182,314      81,800
     Selling and marketing
      expenses                810,050     259,496    1,715,136     521,550

                            1,639,821     655,197    4,077,936   1,593,207

    Income from operations  1,173,995     658,200    2,391,905   1,167,297
    Interest income             1,911         862       12,442       1,842
    Other income                7,803       5,887       22,659      21,476
    Finance costs                (814)     (5,640)     (16,558)    (11,110)

    Net income before
     preferred dividend     1,182,895     659,309    2,410,448   1,179,505
    Preferred dividend             --     (10,950)          --     (31,025)

    Net income applicable
     to ordinary
     shareholders          $1,182,895    $648,359   $2,410,448  $1,148,480

    Other comprehensive
     income
      - Foreign currency
       translation
       adjustments             27,809      32,750      531,966      67,104

    Comprehensive income   $1,210,704    $681,109   $2,942,414  $1,215,584

    Earnings per ordinary
     share
       - Basic                  $0.05       $0.04        $0.11       $0.07

       - Diluted                $0.05       $0.04        $0.11       $0.07

    Weighted average
     number of shares
     outstanding
       - Basic             22,840,000  16,800,000   22,840,000  16,800,000

       - Diluted           22,841,927  16,800,000   22,879,456  16,800,000



                                OmniaLuo, Inc.
                    Condensed Consolidated Balance Sheets
                As of September 30, 2008 and December 31, 2007
                            (Stated in US Dollars)
                                                       As of             As of
                                               September 30,      December 31,
                                                       2008              2007
                                                 (Unaudited)         (Audited)
    ASSETS
     Current assets
      Cash and cash equivalents                  $2,011,378        $3,083,715
      Trade receivables (net of allowance
       for doubtful accounts of $13,138
       for 2008 and $8,313 for 2007)              3,212,848         1,573,644
      Inventories                                 5,669,161         2,602,653
      Deposits                                    2,907,272         1,995,229

     Total current assets                        13,800,659         9,255,241
     Property and equipment, net                    911,630           724,681

    TOTAL ASSETS                                $14,712,289        $9,979,922

    LIABILITIES AND STOCKHOLDERS' EQUITY

    LIABILITIES
     Current liabilities
      Trade payables                               $875,303          $281,027
      Other payables, deposits received and
       accrued expenses                           2,570,809         1,368,890
      Loans from stockholders                         8,052            14,294

     Total current liabilities                    3,454,164         1,664,211

    TOTAL LIABILITIES                             3,454,164         1,664,211

    COMMITMENTS

    STOCKHOLDERS' EQUITY

     Common stock : par value $0.01 per
      share Authorized 40,000,000 shares;
      issued and outstanding 22,840,000
      shares for 2008 and 2007                      228,400           228,400
     Preferred stock : par value $0.01 per
      share Authorized 10,000,000 shares; none
      issued and outstanding for 2008 and 2007           --                --
     Additional paid-in capital                   8,479,390         8,479,390
     Statutory reserve                              587,524           261,948
     Accumulated other comprehensive income         828,688           296,722
     Retained earnings (accumulated deficit)      1,134,123          (950,749)

    TOTAL STOCKHOLDERS' EQUITY                   11,258,125         8,315,711

    TOTAL LIABILITIES AND STOCKHOLDERS'
     EQUITY                                     $14,712,289        $9,979,922


    For more information, please contact:

     Cirrus Financial Communications, LLC
     Pamela Solly
     Phone: +1-877-880-OLOU (6568)
     Email: Pamela.Solly@cirrusfc.com


SOURCE  OmniaLuo, Inc.



 Source: PR Newswire (November 17, 2008 - 9:02 AM EST)
]]>
      
    
    
      [Press Release] OmniaLuo Increases Retail Store Count to 245
      message_1087
      12 Nov 2008 15:52:00 GMT
      http://chinasecurities.com/ir/Omnialuo/messages/1087
      
        SHENZHEN, China, Nov. 12 /Xinhua-PRNewswire-FirstCall/ -- OmniaLuo, Inc. ('OmniaLuo' or the 'Company') (OTC Bulletin Board: OLOU), a China-based company engaged in the business of designing, developing, marketing and distributing fine women's apparel under the brand name OMNIALUO, today announced that it opened three additional independent distributor stores in October.  The Company also entered into contracts with two new independent distributors for stores to be opened later in 2008.  The addition of these three new stores increases OmniaLuo's retail store count to 245 throughout China. The retail network consists of:


    -- 32 company-owned stores
    -- 47 co-owned stores
    -- 166 independent distributor stores (the highest margin of the three
       store types)


'We continue to increase brand awareness and retail sales throughout China with each new store opening,' stated Ms. Cindy Luo, Chairwoman and CEO. 'With 245 retail stores, we are at 98% of our goal of at least 250 stores by year- end 2008,' added Ms. Luo.


About OmniaLuo, Inc.


OmniaLuo, Inc. ( http://ir.omnialuo.com/ ), based in China's fashion capital of Shenzhen, is in the business of designing, developing, marketing and distributing fine women's apparel under the brand name OMNIALUO. OMNIALUO's apparel embodies elegance, femininity and sophistication for China's rapidly growing class of urban and affluent female professionals. With its rapid and strategic expansion plan, OMNIALUO plans to increase its retail presence to more than 250 retail stores and distributor relationships by year end 2008. Under the leadership of Cindy Luo, the Company's founder and award winning chief designer, OMNIALUO is positioned to become the Chinese brand equivalent of Ralph Lauren, Vera Wang and Anna Sui.


To be added to the OmniaLuo, Inc. investor email list, please email pamela.solly@cirrusfc.com with OLOU in the subject line.


OmniaLuo Investor Resources


Women's Wear Daily Article: http://files.shareholder.com/downloa...  4ea7-9ec6-bdbbdbab15aa/39;s20Wear20D... 


Fact Sheet: http://files.shareholder.com/downloa...  41a4-8b67-27be27cea326/omnialuo-fact... 


Presentation:


http://files.shareholder.com/downloa... 


4edd-8317-629373480048/omnialuo-pres... 


Video: http://ir.omnialuo.com/video/omnialu... 


Safe Harbor for Forward-Looking Statements


This news release contains forward-looking statements, including statements that include the words 'believes,' 'expects,' 'anticipates,' or similar expressions. Such forward-looking statements involve known and unknown risks, uncertainties and other factors that may cause the actual results, performance, or achievements of the Company to differ materially from those expressed or implied by such forward-looking statements. Factors that may affect these forward-looking statements include, among others, our dependency on our chief executive officer, principal stockholder and chief designer, our sensitivity to economic conditions and consumer spending in China, competition in our industry, our ability to effectively manage our growth, our ability to raise capital in the future, changes in China's economic or political situation, and other factors set forth in our Annual Report on Form 10-KSB filed with the United States Securities and Exchange Commission or otherwise set forth from time to time in our other public filings. This news release speaks as of the date first set forth above and the Company assumes no responsibility to update the information included herein for events occurring after the date of this news release.


    For further information, please contact:

     Cirrus Financial Communications, LLC
     Pamela Solly
     Tel: +1-877-880-6568
     Email: Pamela.Solly@cirrusfc.com


SOURCE  OmniaLuo, Inc.



 Source: PR Newswire (November 12, 2008 - 4:52 PM EST)
]]>