C E O ' S M E S S A G E
Dear valued customer and potential buyer,
We remain true to the IMAGILIGHTS® way of doing things, that is why: Within a challenging market environment, IMAGILIGHTS® financial year of 2019 is in line with expectations in operation terms. Demands for our more exclusive series exceeded our expectations and has helped overall sales grow. The attractive MOMENTS® range enabled the company to set a record in terms of deliveries to customers, thereby expanding its market share of the premium segment in key regions. In operational terms, we remain firmly on course and expect business to benefit especially in 2020, as numerous new models become available. Please note that in October 2019 we are launching several new product lines at the HOST show in Milan-Italy. The IMAGILIGHTS® sales proves that we are putting the right products in the market, thereby attracting new customers, as well as inspiring existing clients. This positive result shows that with our ongoing model rollout, we are attracting new customers to our core brand and making steady progress towards achieving our goal of increased sales. Positive sales development trend in several major markets with sales increased in China, USA, Canada and the Gulf area. Our plans to commercialize increasingly are all Far-East countries as well as Oceania. In addition, it has been necessary to recognize a provision related to ongoing juridical proceedings on fraudulent copies made by third parties. Up to today commercial courts as well as courts of appeal have ruled in favor of IMAGILIGHTS® and that the copied collections infringe upon IMAGILIGHTS’® copyright protection, the intellectual property rights and the design rights. We hereby warn potential buyers to purchase only certified legal articles and not copies, especially referring to our collection MOMENTS®. Anything resembling to our products that do not carry the IMAGILIGHTS® brand name is a fake copied product. A list of fraudulent/deceptive copies will be published soon.
Sincerely, Xavier SAGAERT CEO
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