Sun Fortune Ltd. Takes Over Goalmax in Suzhou on January 1st

By Nkd, PRNE
Monday, March 8, 2010

The Subsidiary of the Textile Discounter NKD is Now Represented in Asia by Four Purchasing Offices

BINDLACH, Germany, March 9, 2010 - The textile discounter NKD is further expanding its presence in Asia. The
NKD subsidiary Sun Fortune Ltd. is to take over the office of the trade
agency Goalmax as of January 1st 2010 in Suzhou near Shanghai. In addition to
the headquarters in Hongkong, it is already the second office in China.
Together with the branch offices in Dhaka und Bangalore, Sun Fortune Ltd. is
now represented by a total of four purchasing offices in Asia.

Asia and China in particular are becoming increasingly important
purchasing markets for the expansive textile chain store company NKD. This is
also demonstrated by the plans in Suzhou: Sun Fortune Ltd. (100 % subsidiary
of NKD) will not only take over the Goalmax team, but will also create
additional jobs. About 50 employees in total will coordinate the product and
order processing in China. An additional task is the supervision of the
products on site to ensure that the customers of the almost 1400 NKD stores
in Europe are offered exceptional quality at an inexpensive price.

Background: This is NKD

The NKD group of companies with chain stores in Germany, Austria, Italy,
Slovenia and Switzerland is among the largest businesses in the textile
retail industry. Since 2007, NKD has run an online shop. The company includes
almost 1400 chain stores and over 6000 employees. Among German textile
retailers NKD ranks 16th in terms of turnover (source: "TextilWirtschaft
35/09").

    Contact:

    Vanessa Kohler
    NKD Vertriebs GmbH
    Buhlstrasse 5-7
    95463 Bindlach
    Germany
    +49(0)920-8699436
    Mail: vanessa.koehler@nkd.de

Contact: Vanessa Kohler, NKD Vertriebs GmbH, Buhlstrasse 5-7, 95463 Bindlach, Germany, +49(0)920-8699436, Mail: vanessa.koehler at nkd.de

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