Interviews
Scottish clothing firm Ness eyeing Far East markets
04 May '12
2 min read
Having secured £ 600,000 from the Clydesdale Bank to fund its plans to expand in new markets, the Scottish apparel and accessories firm Ness Clothing is set to start exporting its products to the Far East.
Attributable to its wholesale operations and online business, around 15 percent of the company's current revenues come from exports.
Owned by Adrienne and Gordon MacAulay, the Edinburgh-based firm intends to boost its turnover from current £ 4.5 million to £ 7.5 million over the next two years.
The firm, which presently ships its products, including bags, skirts and coats, to distributors in North America, Germany, the Netherlands and Scandinavia, is now targeting fast-developing Southeast Asian markets.
According to Mr. MacAulay, tourists from countries like Japan, China and Korea, who visit their stores, have always shown interest in their products. This fact and the promising signs of economic growth in the Asian markets, which warrants great business prospects there, have persuaded them to expand their export network to these markets, he said.
The Far East operations would greatly be developed around a network of agents and distributors, he said.
Ness presently operates nine branches in the UK, and employs a staff of 37 people at its Glasgow, Livingston, York, Edinburg, Inverness and St Andrews outlets.
Attributable to its wholesale operations and online business, around 15 percent of the company's current revenues come from exports.
Owned by Adrienne and Gordon MacAulay, the Edinburgh-based firm intends to boost its turnover from current £ 4.5 million to £ 7.5 million over the next two years.
The firm, which presently ships its products, including bags, skirts and coats, to distributors in North America, Germany, the Netherlands and Scandinavia, is now targeting fast-developing Southeast Asian markets.
According to Mr. MacAulay, tourists from countries like Japan, China and Korea, who visit their stores, have always shown interest in their products. This fact and the promising signs of economic growth in the Asian markets, which warrants great business prospects there, have persuaded them to expand their export network to these markets, he said.
The Far East operations would greatly be developed around a network of agents and distributors, he said.
Ness presently operates nine branches in the UK, and employs a staff of 37 people at its Glasgow, Livingston, York, Edinburg, Inverness and St Andrews outlets.
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