The Basic House was found to satisfy these consumer needs and the global flow, and we are one of the fastest grown companies in a very short period since its establishment in Korea. Since our first shop opened in September of 2000, currently in 2007, we have four brands consisting of Basic House, Mind Bridge, Voll, and The Class, and also have the license for D'urban and Speedo through our two subsidiary companies, making us one of the most noticed fashion companies in Korea.The overseas market was started off with the Basic House shop in Shanghai, China in the winter of 2004, and continued to six countries including Hong Kong, Russia, Saudi Arabia, Kuwait, Armenia, and especially the entry into China with 153 shops has been very successful and proved its infinite potential of development. Furthermore, in the winter of 2005, we were listed on the Korean Stock Exchange, KOSPI, and attracted large scale investments from world renowned companies such as Goldman Sachs Group and Mitsui & Co.,Ltd. making us a company being up to reputation as a fashion company representing Korea