Ever-Glory International Group, Inc.

Ever-Glory International Group, Inc. is a leading apparel manufacturer and retailer that operates in Mainland China, Hong Kong, Germany, the United Kingdom, Europe, Japan, and the United States. The Company’s primary offerings include casual wear, outerwear, and sportswear. Its products include coats, jackets, slacks, skirts, shirts, trousers, and jeans for women; vests, jackets, trousers, skiwear, shirts, coats, and jeans for men; and coats, vests, down jackets, trousers, knitwear, and jeans for children. The company offers its woman apparel under the La go go, Velwin, Sea To Sky, Jizhu, and idole brands. It also engages in the import and export of apparel, fabric, and accessories.

Ever-Glory International Group, Inc. provides its products directly to consumers through its own retail stores, as well as online stores at Tmall, Dangdang mall, JD.com, VIP.com, etc. As of March 31, 2022, the Company operated 848 stores in China. In addition, Ever-Glory also operates a chain of franchised stores in over 10 provinces in China. The Company is based in Nanjing, the Peoples Republic of China, and has been listed on the Nasdaq since 2005.

The Company has experienced steady growth over the past few years. In 2021, the Company reported sales of $2.3 billion, a 10.3% increase from 2020. Ever-Glory’s gross profit margin was also up to 25.3%, up from 24.4% in 2020. The Company has also been investing heavily in research and development, with a focus on developing innovative products and improving the quality of its existing products. Ever-Glory has also been investing in its online presence, launching new websites and mobile apps to further expand its customer base.