Everest targets 15% growth in 2014

13/12/2013
Textile manufacturer Everest is aiming to increase sales by between 15% and 20% in 2014, boosted by growth in its own brand, EverSmile.

Around a quarter of production goes to Nike, the Taiwanese company's biggest customer, and it also supplies to the North Face, Columbia Sportswear and yoga brand Lululemon.

Knitted fabrics will account for 25% of revenue next year, up from 10% this year, according to Everest president Roger Yeh, reported in local press.

It opened 35 EverSmile stores this year and is planning on operating 100 by the end of 2014.