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We offer value-added services to retailers – Makalot
19
Mar '10
Taiwan's leading clothing producer; Makalot Industrial Co., has been able to reach revenues totaling to US $415 million last year, which indicates a marginal growth of 1.6 percent over 2008. However profits doubled to $25 million in 2009.

Due to the gradual recovery in the global economy, the company is optimistic about attaining a volume growth of 20-25 percent in the current year and expects it to reach nine million dozen garments units in 2010.

In 2009, Makalot witnessed a plunge in it's per unit price realization, which fell by 5 percent. The company is falling back on its major two clients; Kohl's and Old Navy to keep its order book position growing.

Fibre2fashion spoke exclusively to Mr CK Huang, Head of Finance Department at Makalot Industrial Co., Ltd., who said, “We expect the company's 2010 shipment volume to increase by 25%, from 7.2 million dozens in 2009 to 9.0 million dozens in 2010, driven by gradual economic recovery and vendor consolidation.

“In the past two years, the global financial turmoil has led to a number of small-and-medium-sized or large-sized vendors struggle and eventually file for bankruptcy. In order to ensure shipment on time and safe, buyers are consolidating their vendors with strong financial structure and large scale, like Makalot.

He concluded by saying, “We offer more multiple products, flexible production mode to our clients through different value-added services, like global sourcing and production abilities and product design & development services to provide strong support and meet the demands of our valued clients.”

Fibre2fashion News Desk - India

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