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'Damn the recession' - Leisure Garment Co
04
Mar '09
Leisure Garment Co., Ltd., located in Malta, is a wholly owned subsidiary of Chongqing International Company. The company has in hand orders, more than it can complete since the last few months and does not dare take any new orders, with the fear of not being able to dispatch them on time.

The Chairman of the company, Mr Zhu Da Lun, held several round of meetings with his company officials to work out a solution to the ever increasing orders that the company in Malta is receiving. The company has arrived at a conclusion to double the size of the factory by investing an additional US $4-5 million.

In 1987, Chongqing International Company set up this company in Malta by taking a few workers from China with them and set up Leisure Garment Co Ltd. with an initial registered capital of $1,450,000 with the purpose of processing fabrics and manufacturing ready-made garments.

Over time, hundreds of garment factories in Malta closed down one after another. Of the hundreds of units, only about ten apparel manufacturing were operating in 2000, which has now been finally reduced to just three units in 2009. The one's which closed down in 2009, folded up under the impact of the financial crisis.

Today, Leisure Garment Co., Ltd. is the biggest clothing manufacturer in Malta. Dozens of first line clothing brands from across Europe are sourcing their clothing requirements from this company. With the new investment, the apparel manufacturing capacity will move from 50 million units to 100 million units.


Fibre2fashion News Desk - China


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