SHISHI, China, Nov. 15, 2018 /PRNewswire/ -- KBS Fashion Group
Limited ("KBS" or the "Company") (NASDAQ: KBSF), a leading
fully-integrated casual menswear company in China, is pleased to announce that the Company received approval from Amazon US
on October 30th to
begin listing the Company's products for sale. Starting with mainly
down jackets, based on the market feedback, KBS will later sell
other products to meet North American consumers' demands.
It's noteworthy that KBS products are also available on North
American and European online stores of Hangzhou Siteng Network
Technology Company Ltd. ("Siteng"), an e-commerce service company
in China.
Mr. Keyan Yan, Chief Executive
Officer of the Company commented, "This is a new milestone for KBS.
Moving forward, we would like to attract millions of online
shoppers worldwide through cross-broader e-Commerce channels. KBS
will continue its efforts in researching and developing new
products that will suit different markets in order to enhance brand
awareness. Meanwhile, by further collaborating with Siteng, we feel
confident about the future of cross-border e-commerce business of
KBS. We plan to accelerate the related valuation process and hope
to complete the acquisition of Siteng soon."
For more information about KBS Amazon, please visit
https://www.amazon.com/s?marketplaceID=ATVPDKIKX0DER&me=AMPU1O946XG2P&merchant=AMPU1O946XG2P
About KBS Fashion Group Limited
Headquartered in Shishi, China,
KBS Fashion Group Limited, through its subsidiaries, is engaged in
the business of designing, manufacturing, selling and distributing
its own casual menswear brand, KBS, through a network of 38 KBS
branded stores (as of June 30, 2018)
and over a number of multi-brand stores. To learn more about the
Company, please visit its corporate website
at www.kbsfashion.com.
Safe Harbor Statement
This press release may contain certain "forward-looking
statements" relating to the business of KBS Fashion Group Limited,
and its subsidiary companies. All statements, other than statements
of historical fact included herein, are "forward-looking
statements" in nature within the meaning of the Private Securities
Litigation Reform Act of 1995. These forward-looking statements,
often identified by the use of forward-looking terminology such as
"believes," "expects" or similar expressions, involve known and
unknown risks and uncertainties. Although the Company believes that
the expectations reflected in these forward-looking statements are
reasonable, they do involve assumptions, risks and uncertainties,
and these expectations may prove to be incorrect. Investors should
not place undue reliance on these forward-looking statements, which
speak only as of the date of this press release. The Company's
actual results could differ materially from those anticipated in
these forward-looking statements as a result of a variety of
factors, including those discussed in the Company's periodic
reports that are filed with the Securities and Exchange Commission
and available on its website (http://www.sec.gov). All
forward-looking statements attributable to the Company or persons
acting on its behalf are expressly qualified in their entirety by
these factors. Other than as required under the securities laws,
the Company does not assume a duty to update these forward-looking
statements.
For further information, please contact:
Lixia Tu
Chief Financial Officer
T: +86-158-5972-2469
E: lingsantu@hotmail.com
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SOURCE KBS Fashion Group Limited