Lansdowne Sec Inc (OTC:HGII)

Monday, August 15, 2011 | Web News
First Quarter 2011 Financial Highlights: Revenue increased 12%, from $15.7 million in Q1 2010 to $17.6 million in Q1 2011;...
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We are primarily engaged, through our subsidiary Dake and our variable interest entity, or VIE, Aierda, in the design, production, and wholesale distribution of athletic and casual men’s and women’s footwear, footwear accessories, and footwear materials sold in China under our licensed proprietary brand “Aierda.” We also manufacture and export made-to-order footwear products through third party agents and we manufacture and sell footwear materials including insoles, outsoles, linings and heels to other footwear manufacturers in Fujian province. Our branded footwear products, which include approximately 80 low- to mid-priced designs, are sold primarily in second-tier PRC markets, secondary provincial capitals.

Last updated April 26, 2011