In 2024, global inflation gradually eased, and European and American countries began cutting interest rates. As consumer purchasing power slowly recovered, market demand warmed, accelerating the digestion of brand inventories and gradually normalizing order patterns. Some existing customers even saw significant order growth after inventory depletion. Our years of accumulated R&D expertise allowed us to understand the needs of brand customers across various market segments and deliver tailored products and solutions quickly, benefiting from the growth of emerging brands.
Despite the overall economy being affected by uncertainties from monetary policies and geopolitical factors, we adhered to a prudent and pragmatic business strategy, maintaining steady growth while continuously enhancing R&D and innovation. We actively developed high value-added and niche products, expanded our portfolio of new brand customers, and worked closely with existing brand partners, ultimately achieving the second-highest revenue in the company’s history.
We continue to uphold the core value of “continuous innovation and sustainable management” to promote the transformation of the textile and garment industry. This report focuses on the theme “Knitting for Sustainability,” demonstrating our commitment to the industry and our hope to promote sustainable development through innovation and partnership. In the 2024 report, Eclat has organized its sustainable management strategy and practices across five aspects: corporate sustainable governance, creation of industrial value, talent development, protection of environmental resources, and social contribution. This allows readers to understand how Eclat continues to implement corporate sustainability, drive green transformation, and facilitate industry integration and development.
