MAGNUM WORLDWIDE INC PVT LTD.

Founded in 1921 by Alexandr Mintze; Magnum Worldwide Inc., set out to create well-designed fashionable accessory giant that appealed to a broad market. In a petite and quite French village loft, seven artisans handcrafted a collection of leather goods using skills handed down from generation to generation and introduced this sensibility in Paris through exclusive leather and allied materials created and produced by the master craftsmanship of the Tuscan artisans. Discerning consumers soon began to seek out the quality and unique nature of Mintz craftsmanship, a brand that reflected the true spirit of Magnum Worldwide Inc.Now greatly expanded, Mintz continues to maintain the highest standards for materials and workmanship. Mintzs exceptional workforce remains committed to carefully upholding the principles of quality and integrity that define the company. We attribute the prominence of the Mintz brand to the unique combination of our original French attitude and design, our heritage of fine leather goods and custom fabrics, our superior product quality and durability, and our commitment to customer service.During the last decade, Mintz has emerged as one of Europes preeminent designer, producer, and marketer of fine accessories and gifts for women for handbags, womens small leather goods, business cases. Continued development of new categories has further established the signature style and distinctive identity of the Mintz brand.Mintzs distribution strategy is multi-channel. There are currently over 90 Mintz franchisee stores spread across Europe, Middle East and Asia, with more slated to open this calendar year. In addition, Mintz has built a strong presence in the Middle East through Mintz boutiques located within select department stores and specialty retailer locations. In 2010, Mintz launched its online store at and evolved it into an important sales channel, and an effective marketing and advertising vehicle for Mintz both domestically and abroad.While Mintz continues to be one of the most recognized accessories brands in the Middle East, its long-term strategic plan is to increase international distribution and target international consumers. Through Mintz China, wholly owned by Magnum Worldwide Inc. since 2007, the company leverages a large growth opportunity in this important market for outsourcing handbags and accessories mainly designed and incepted in France. Similarly, the Company acquired a few leading retail businesses in the Middle East in 2009. As this emerging market rapidly grows, the Mintz brand enjoys increased recognition. Intent on maintaining a consistent brand strategy domestically and abroad, this ownership structure provides Mintz with complete control of its manufacturing in Italy, France and China. With a global vision in place, Mintz is available at over 90 department store locations, international department stores, retail stores and duty free shops, shop-in-shops and retail and factory stores operated by the parent company Magnum Worldwide Inc.