Home / Knowledge / News / Apparel/Garments / Les Enphants targets generating higher revenues
Les Enphants targets generating higher revenues
15
Aug '08
Les Enphants Co, a leading Taiwanese enterprise engaged in infant and children's wear segment, has set ambitious sales targets for its operations in mainland China. It aims to achieve revenues of NT Yuan2.9 billion in mainland China this year and reach NT Yuan5.8 billion in a period of two and a half years.

Confirming the goal, Mr Wang Guocheng, General Manager of Les Enphants Co explained that assuming an annual growth of 25-30 percent, the company will be able to touch the targeted turnover.

Moreover, the plan of setting up a new headquarters of the company in Shanghai is also underway and its groundbreaking is expected to be sometime during the fourth quarter of this year. The building which will have a total of 20 floors, will be put into operation in the second half of 2010.

Additionally, Enphants will also imitate Osaka of Japan by introducing a number of other related industries like textile, clothing and design for achieving a cluster effect. Besides the new office, a new logistics center of the company in Taicang City, Suzhou, is also under construction and is expected to be operation from the fourth quarter of next year.

Mr Lin Taisheng, Chairman of Les Enphants said that in comparison to Taiwan where the infant figures are declining, China offers great room for development of infant clothing. The company is anticipated to penetrate the competitive markets in the mainland by the end of this year. In fact, since the local market share of the company in China is less than 1 percent, there is ample room for future expansion and growth.


Fibre2fashion News Desk - China


Must ReadView All

Pakistan’s FBR imposes 5% sales tax on cotton import

Textiles | On 21st Jul 2018

Pakistan’s FBR imposes 5% sales tax on cotton import

Pakistan’s Federal Board of Revenue recently withdrew sales tax...

Bangladesh drafts policy for Tk1,000 cr govt jute fund

Textiles | On 21st Jul 2018

Bangladesh drafts policy for Tk1,000 cr govt jute fund

Bangladesh will set up a Tk10,000-crore Jute Sector Development Fund...

Ahmad A. Al Sa’adi and Kwon Pyung-Oh display a comprehensive Memorandum of Understanding; Courtesy: Saudi Aramco

Textiles | On 21st Jul 2018

Saudi Aramco, KOTRA sign MoU for business cooperation

Saudi Aramco has signed an MoU with the Korea Trade-Investment...

Interviews View All

Headhonchos
Indian textile value chain

'One nation, one tax' is a great concept

Top executives
Textile industry

Union budget 2018-19 will have positive impact on apparel industry

Anvita Mehra
Confidential Couture

‘It is going to take some time for Indian buyers to get accustomed to...

Mala Alwani

<div>Delhi-based fast fashion womenswear brand, Besiva, aims to bridge the ...

Himanshu Jariwala

J Korin started as a partnership firm with four powerlooms in the textiles ...

Apurva Kothari

No Nasties was the first fashion brand in India to make 100 per cent...

Johan Berlin
InvestKonsult Sweden AB

Investkonsult Sweden AB has been buying and selling second-hand textile...

Mark Paterson
Technical Absorbents Ltd

Mark Paterson, R&D manager of Technical Absorbents Ltd talks about Super...

Marten Alkhagen
Swerea IVF AB

Marten Alkhagen, Senior Scientist - Nonwoven and Technical Textiles of...

Sanjukta Dutta
Sanjukta's Studio

<b>Sanjukta Dutta</b> creates unique garments by clubbing prints of...

Sidharth Sinha
Sidharth Sinha

<b>Sidharth Sinha</b> has contributed to the successful rebirth and...

Samar Firdos
Arvind Ltd

<b>Samar Firdos</b>, Chief Manager (Design) at Lifestyle Apparel Denim...

Press Release

Press Release

Letter to Editor

Letter to Editor

RSS Feed

RSS Feed

Submit your press release on


editorial@fibre2fashion.com

Letter To Editor






(Max. 8000 char.)

Search Companies





SEARCH

Leave your Comments


July 2018

Subscribe today and get the latest update on Textiles, Fashion, Apparel and so on.

news category


Related Categories:

Advanced Search