Dear Cashmere Lists on the Over the Counter Market
2011年1月27日 - 6:24AM
Dear Cashmere Holding Company (Pink Sheets:DRCR), a boutique
designer and manufacturer of luxury Cashmere apparel, has completed
a successful listing of its company on the Over the Counter Market.
Founded in 2007, Dear Cashmere engages in the manufacture,
design, and sale of ready to wear luxury cashmere apparel. The
Company is vertically integrated in that it spins its own yarn from
premium cashmere and mink cashmere suppliers, employs eco-friendly
dieing techniques, and produces products based on their Paris based
designer. The company's market is predominantly China and Hong
Kong. The Company sells three lines of products, common or
everyday; serious or business; and high serious or formal. They
also offer limited made-to-order services. The common and serious
styles range from $60-300, while the high-end serious styles range
from $450-1850.
Baotong Liu, President and CEO commented, "We are proud to be a
listed company in the U.S. and believe that by being in the U.S.
financial market, we will be more attractive to financing entities.
Cashmere is a luxury item, and retailers understand that the
Chinese market is increasingly becoming a luxury market
battleground. By being in the right space at the right time, our
shareholders stand to profit enormously."
About Dear Cashmere
Employing Paris based designers, Dear Cashmere is a vertically
integrated luxury apparel company. The company markets through
16 company stores and licenses its products to over 400 different
retail outlets. For more information, please visit
http://www.dearcashmere.net/
Legal Disclaimer
The statements contained in this press release contain certain
forward looking statements, including statements regarding the
company's expectations, intentions, strategies and beliefs
regarding the future. All statements contained herein are based
upon information available to the company's management as of the
date hereof, and actual results may vary based upon future events,
both within and without the control of the company's
management.
CONTACT: In New York
Richard Oravec
212.924.3548
info@pivoassoc.com
Dear Cashmere (PK) (USOTC:DRCR)
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