Virtually every major department store has multiple private label brands, so the creation of a private label division gives us access to an enormous and important customer base, with very substantial revenue growth opportunities.
They can't control what is printed in the foreign newspapers like they can in the local papers. So they try to limit the number of people who have access to them.
It's a fun way to live. A lot of people travel to great cities for fun, and this is a way you can have that as a lifestyle.
These latest license agreements have demonstrated our ability to execute and expand our core strategic initiatives to develop a footwear industry powerhouse that generates high-margin revenues. Since we launched our program to obtain exclusive global licenses from leading designers, we have successfully broadened our portfolio and we continue to aggressively pursue further expansion.
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