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Taiwan’s top sportswear maker Eclat to continue riding high

Taiwan-based Eclat, is a sportswear maker. The company specializes in making high-end fabrics and turning them into sports clothing for brands including Nike, Lululemon, Under Armour, Polo Ralph Lauren, Victoria's Secrets and Adidas as well as retailers such as JC Penney, Amazon, Kohl’s and Target.

For the first 10 months of 2018, Eclat’s revenue rose more than 16 per cent and is set to see healthy growth next year. At the end of 2016 the company ended its production in China. This now seems like a wise choice as fabrics have already been hit under the package of tariffs that the US imposed on Chinese imports in late September. This has made Eclat less vulnerable to the trade jousting between the world’s two leading economies than its Chinese rivals. The investment environment in China has been deteriorating dramatically and it is extremely difficult to find qualified workers. Wages in China are double those in Vietnam, while production efficiency is also better in Vietnam.

Currently, Eclat’s production facilities are mostly in Taiwan and Vietnam. Eclat generates around 60 per cent of its revenue from North America. Europe accounts for 20 per cent of the company's sales while Japan and Australia combined take about ten per cent.

 

 
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