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Garment Makers Makalot and Eclat of Taiwan Expect Double-Digit Growths in Revenues This Year

2014/09/25 | By Judy Li

Thanks to increasing orders from American and European clients, Taiwan's two major garment makers—Makalot Industrial Co. and Eclat Textile Co.—expect double-digit growths in revenues this year.

Eclat continues to expand operations in Vietnam, with the second-stage construction of its plant in Nhan Trach of Dong Nai Province just completed in June of this year and its second plant in Trang Bom in the same province  slated to come online in October, to have some 17 production lines.

With uncertain political situation in Cambodia, the utilization rate of Eclat's plant there is currently only about 50%, with record revenues of over NT$20 billion (US$666.67 million) this year to be generated due to higher capacity realized by new production lines.

Makalot is a major supplier of fall and winter garments for a major brand GAP in the second half of this year, and the brand's orders with Makalot has reportedly surged  70% this year. Besides, the company has received orders from Japanese clients for a sharp growth of 50%.

Makalot's shipment this year is predicted to reach 12-12.5 million dozen garments, with average selling price (ASP) up to US$59.5 per piece for annual increase of 2.2%-2.5%.

GFun Industrial Corp., Taiwan-based manufacturer of waterproof and moisture-permeable fabrics, has recently begun making functional outdoor wear for international leading brands on the OEM basis.

The company exports 80% of  garments that are mostly made in its plant in Thailand, with a small portion made in the plant in northern Taiwan focusing on local market.

Last year garment sales accounted for 5% of GFun's total revenues , and the company aims to raise the fwhichigure to 10% this year. (JL)