Cold weather a boon for Quang Viet Enterprise

Taipei Times
Date: Jan 10, 2018
By: Kuo Chia-erh  /  Staff reporter

Garment manufacturer Quang Viet Enterprise Co Ltd (廣越企業) yesterday said its revenue last year rose to a record high, thanks to growing demand for down jackets because of the recent extremely cold weather in North America.

Sales for the whole of last year totaled NT$10.2 billion (US$345.3 million), a 12.89 percent jump from NT$9.04 billion in 2016, the company said in a statement.

Quang Viet sales last month soared 53.68 percent year-on-year to NT$721.46 million from NT$469.45 million, the highest monthly result in its history.

“The company received some rush orders from overseas brand clients last month,” because of the colder-than-average weather, a Quang Viet investor relations official said by telephone.    [FULL  STORY]

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