KBSF

KBS Fashion Group Limited is a casual menswear company in China. The Company is engaged in the designing, marketing, and selling its own line of fashion menswear. It operates in three segments: distributor network, corporate stores and OEM. Its distributor network segment consists of approximately 30 distributors in approximately 20 provinces. Most of these distributors, either directly or through their sub-distributors, operate KBS-branded stores. As of December 31, 2015, distributors operated a total of 69 KBS-branded stores, primarily in second and third tier cities. KBS products distributed to the fourth and fifth tier cities are primarily sold in multi-branded department stores. The OEM segment is consists of products that are designed by the customers but manufactured by the Company. Its products include men's apparel, footwear and accessories, primarily targeting urban males between the ages of 20 and 40 in the Tier II and Tier III cities in China.