PRESS RELEASE: FAST Casualwear AG receives another large order from Europe

19.02.14 15:02 Dow Jones Newswires

PRESS RELEASE: FAST Casualwear AG receives another large order from Europe

DGAP-News: FAST Casualwear AG / Key word(s): Incoming Orders FAST Casualwear AG receives another large order from Europe

19.02.2014 / 15:02

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PRESS RELEASE

FAST Casualwear AG receives another large order from Europe

Hamburg, February 19, 2014 - FAST Casualwear, a manufacturer of casual footwear and apparel in China, proves its position as an Original Equipment Manufacturer (OEM). According to the latest OEM order of a renowned European retail group, FAST Casualwear is assigned to produce and deliver 400,000 pairs of casual children's shoes under a famous brand. The order has a value of about 3.2 million Euros and is expected to be ready for shipment during the second quarter 2014.

Only in January 2014 FAST Casualwear was assigned to produce 500,000 pairs of children's shoes with a total value of about 5 million Euros by the same retail group under the same brand.

'The second order by our new business partner in Europe shows that he is persuaded of our high quality products. We are looking forward to intensifying our cooperation with him. At the same time we are confident to do further steps on our way towards a relationship with additional retail chain customers - in China and abroad', says Wing Chi Chong, CEO of FAST Casualwear AG.

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PRESS RELEASE: FAST Casualwear AG receives another large order from Europe

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