Home / Knowledge / News / Apparel/Garments / Apparel firm receives first orders from China's leading brand
Apparel firm receives first orders from China's leading brand
04
Aug '10
Taiwan's leading apparel manufacturer, Makalot Industrial Company, has just recently received orders worth US $930,000 from Metersbonwe, a leading Chinese apparel brand. This is Makalot's first order from China.

With this order, Makalot's shipments in the fourth quarter will also touch $1.156 million. Till date, over 90 percent of the firm's clients are in United States including, KOHL's, Target and Wal-Mart, with Metersbonwe being its first Chinese client.

RT-Mart China, a branch of Taiwan's Ruextex Group, is now China's biggest hypermarket chain, which has also placed orders worth $220,000-230,000, for the first time with Makalot this year. Citing the increasing brand apparel market in China, Makalot too is excited about the new orders.

While Makalot is making all attempts to explore the Japanese market, just last year, it shipped apparels to H&M, world's biggest apparel brand from Sweden and this year it attained orders from Spanish firm ZARA, world's biggest apparel manufacturer with respect to market value.

In addition to diversifying their sales in to US and European markets, the firm is also intending to pay more attention to explore the huge Chinese market. During the first half of this year, Makalot achieved $194.97 million revenue for a year-on-year hike of 9.8 percent with pretax earnings per share (EPS) standing at $0.125.

Fibre2Fashion News Desk - India


Must ReadView All

Apparel/Garments | On 26th Jun 2017

GSTN registration reopens

E-commerce operators and TDS (tax deducted at source) deductors can...

Textiles | On 26th Jun 2017

Expedite release of ROSL pending claims: TEA to Centre

The Tiruppur Exporters' Association (TEA) has again urged Union...

Textiles | On 26th Jun 2017

'Export promotion schemes to continue under GST regime'

The export promotion schemes will continue under GST regime, said...

Interviews View All

Vasanth Kumar
Max Fashion India

‘Traditional high-street retailers are now willing to offer franchisees to ...

Nishank Patel
Shri Dinesh Mills Limited

Broad range of fabrics will sell well this financial year

Vidhyaa Shankar. S
A Ganapathi Chettiar

'The usage of knits is getting into the boundaries of woven fabrics'

Giorgio Mantovani
Corman S.p.A

Giorgio Mantovani, MD of Corman, with a presence in both Milano and New...

Mark Paterson
Technical Absorbents Ltd

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

Kerem Durdag
Biovation II LLC

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

Prathyusha Garimella
Prathyusha Garimella

Hyderabad-based designer <b>Prathyusha Garimella</b> is known for blending ...

Igor Chapurin
Chapurin

"Now we can see the Russian trend in international fashion. And Russian...

Madhu Jain
Madhu Jain

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

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:
July 2017

July 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