Español Français Deutsch Italiano Português 汉语

Nike supplier hints at online apparel deal

The chairman of Taiwanese textile maker Eclat, which supplies sportswear companies like Nike, Under Armour and Lululemon, has said the company intends to focus on e-commerce platforms to boost its growth.

"We will start to ship to a new e-commerce customer at the end of August," Hung Chen-hai was quoted as saying by local media. "For this year, the e-commerce customer will account for roughly 0.5% of our revenue only, but the trend is definitely going up in the next few years." 

Mr Hung did not reveal the name of Eclat’s new customer, but industry analysts have suggested it is US online retailer Amazon, which has made no secret of its plans to expand into the apparel market. 

As well as selling clothes online, Amazon wants to offer clothing under its own brands. A report from investment banking group Goldman Sachs in 2016 predicted that the online group would soon overtake department store Macy’s as the leader in apparel sales. 

In June, Reuters reported that Nike could soon start selling its products directly through Amazon. Commentators said a formal partnership between the two would encourage Amazon to take a stronger line on controlling sellers who offer fake products on its online marketplace.

Share this story:

DuPont Tate & Lyle D cannot be held responsible for content if the language setting is changed from English. The translations provided by Google Translate are automated and therefore might not be accurate and may contain incorrect, offensive or misleading language. We offer this facility as a guide only.

Copyright © 2018 World Trades Publishing Limited. All Rights Reserved.