Sportswear boom drives orders for Taiwanese manufacturer
27/07/2015
The Taipei Times has reported that the company’s contributions from functional clothing to grew from 8% last year to 12% this year, and the first-half earnings increased 29% to $42 million.
Makalot chairman Frank Chou said: “The final quarter of the year is usually slow for Makalot due to seasonal factors, but thanks to a global increase in demand for sportswear, orders for the fourth quarter are at least 20% more than the same period last year.”
He said it was beginning to make more functional clothing for one of its biggest clients, Gap, and could “help non-sportswear clients integrate their supply chains from choosing garments to manufacturing functional apparel”.
Last November, the firm unveiled a three-year plan to invest between $10 million and $15 million building two textile factories in Vietnam.
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