Released on: March 31, 2008, 11:19 am

Press Release Author: InvestorIdeas.com

Industry: Retail

Press Release Summary: China's Growing Appetite for Luxury Brands on the Rise; China
Poised to become Second Biggest Consumer of Luxury Goods by 2015

Press Release Body: POINT ROBERTS, Wash., Delta B.C., March 31, 2008 - Coach Inc.
(News, Market), BMW Group (News, Market) , Audi AG, the luxury carmaker owned by
Volkswagen (News, Market, the Swatch Group Ltd (News, Market) and OmniaLuo, Inc.
(OTCBB: OLOU http://ir.omnialuoinc.com ), are just a few of the brands that are
succeeding based on understanding China's consumer needs. Hyundai (News, Market) is
refurbishing its brand image to a new luxury car to increase market share and appeal
to the consumer's desire for high-end brands.

China-AsiaStocks.com, an investor and industry portal China-Asia sector within
Investorideas.com, reports on China's growing appetite for luxury goods from
fashion, to cars, to jewelry and how both China's domestic and established
well-known foreign brands are meeting the increasing demands. With a rising number
of millionaires and a growing middle class, China is poised to become the second
biggest consumer of luxury goods by 2015.

The fashion industry in China is changing rapidly, as Chinese consumers want to make
purchases that reflect their new-found success and social status.

China's International Clothing and Accessories Fair "CHIC 2008," held in Beijing
March 28 - 31, 2008 is attracting some of the best in the fashion industry.
OmniaLuo, Inc. (OTCBB: OLOU http://ir.omnialuoinc.com ), a domestic China-based
company that designs, markets and distributes the luxury women\'s apparel brand "
OMNIALUO," will be exhibiting at CHIC 2008 as part of it growth and expansion
strategy.

As award-winning domestic brand designer, Cindy Luo, OmniaLuo Chairwoman and CEO
feels she has her finger on the pulse of the new breed of luxury consumers in China,
commenting," We see many luxury brands including Dior (News, Market) and Luis Vutton
entering the Chinese marketplace to expand market share, selling to Chinese
consumers. Also, several foreign fashion brands have moved their production to China
- so China is becoming an integral part of the high end fashion industry in all
aspects. Our company understands the consumer, knows the competition and feels we
can compete with well- known foreign luxury brands."

Coach Inc. (News, Market), internationally desired for its luxury handbags and
accessories, has ambitious plans for its line in China. According to Coach, "We
expect Greater China, which includes Hong Kong, Taiwan, and mainland China to grow
rapidly, achieving 10% of the global market by 2009. Therefore, we are focused on
this opportunity, as we believe Greater China has the potential to become a third
leg for Coach. Although we\'re still in the very early stages of our development in
Greater China, we have made great progress and estimate our market share today at
about 4%. At year-end there were a total of 49 Coach locations in the region,
including 15 in mainland China, 13 in Hong Kong, 1 recently opened in Macau, and 20
in Taiwan. "

Luxury car manufacturers are also gaining traction in China's new economy. According
to a study by BMW Group, "only 3.7 percent of the Chinese population, i.e. around 50
million people, earned enough money to buy a car in 2002. By 2010 this figure should
increase to 13 percent."

Swatch Group Ltd (News, Market) just reported net income for 2007 exceeded CHF1
billion for the first time as part of a continuing global market for luxury goods,
particularly in China, with Europe and the United States also performing well. In
December 2007, The Swatch Group Ltd. announced it increased its participation in
Xinyu Hengdeli Holdings Ltd. from 7.25% to 8.09%. Xinyu Hengdeli Holdings Ltd. is
the largest watch retail chain in China and is listed on the Hong Kong stock
exchange.

As China builds dominance as both a manufacturer and a consumer of luxury goods,
companies that know both sides of the market have a higher chance to succeed and
grow market share. In terms of growth opportunities for luxury brands, it has only
just begun.
To read full report: click here: http://www.investorideas.com/Articles/032608a.asp
About China- Asia Showcase Company, OmniaLuo, Inc. (OTCBB: OLOU):
OmniaLuo, Inc. (http://ir.omnialuoinc.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 across 32 of 34 provinces in China
from its current 187 stores to 264 stores 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 Donna Karan or Liz Claiborne.

Investors can also visit the Company Showcase on Investorideas.com at:
http://www.investorideas.com/CO/olou/
The Company's Media Presentation can be viewed at:
http://www.investorideas.com/CO/OLOU/ss/default.asp

About InvestorIdeas.com, China-Asiastocks.com:
InvestorIdeas.com is a leading global investor and industry research resource portal
specialized in sector investing covering over thirty industry sectors and global
markets including China, India, Middle East and Australia.

InvestorIdeas.com Disclaimer: www.InvestorIdeas.com/About/Disclaimer.asp. Our sites
do not make recommendations, but offer information portals. Nothing on our sites
should be construed as an offer or solicitation to buy or sell products or
securities. All Information relating to featured companies is sourced from public
documents and/ or the company and is not the opinion of our web sites. Disclosure:
OmniaLuo, Inc compensates the site $4000USD per month as a showcase company.

For More Information Contact:
Dawn Van Zant 800-665-0411 Email: dvanzant@investorideas.com

Source: Investorideas.com, China-AsiaStocks.com, OmniaLuo, Inc


Web Site: http://www.china-asiastocks.com

Contact Details: Dawn Van Zant 800-665-0411 Email: dvanzant@investorideas.com