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

Textiles | On 29th Apr 2017

Textile sector may have uniform GST rate: Irani

The textile sector could have a uniform Goods and Services Tax (GST)...

Textiles | On 29th Apr 2017

EU rules needed to curb textile worker exploitation: MEPs

European Union (EU) rules are needed to oblige textile and clothing...

Apparel/Garments | On 29th Apr 2017

US retail operating growth to be 1.5-2.5% in 2017: Moody's

The forecast for operating income growth in the US over the next 12...

Interviews View All

Hannah Lane
Redress

Encouragement from brands will motivate supply chains to become more...

Victor Chao
Esmetex

‘In future, clothing boundary lines will become increasingly blurred.’

Dinaz Madhukar
DLF Emporio and DLF Promenade

‘Each event and promotion is planned out keeping in mind the business of...

Johan Berlin
InvestKonsult Sweden AB

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

Kerem Durdag
Biovation II LLC

Kerem Durdag, CEO, Biovation II LLC, provides an insight into future...

Mark Paterson
Technical Absorbents Ltd

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

Madhu Jain
Madhu Jain

She grew up in the walled city of Old Delhi, completed her studies, and...

Bani Batra

Bani Batra’s couture wedding collection is inspired by traditional Indian...

Silvia Venturini Fendi
Fendi s.r.l

"Yes, my confidence and positive attitude are my strengths and should be...

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

news category


Related Categories:
April 2017

April 2017

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

SUBSCRIBE


Browse Our Archives

GO


E-News Insight
Subscribe Today and Get the
Latest News Update in Your Mail Box.
Advanced Search



X