Economic Environment
The company continues to cope with the changes of the current trading environment. The main challenge that the company faces is the extensive presence of manufacturers who produce counterfeit goods. Despite this level of unfair competition, the company still stands out as a leader in the industry.
Performance of the Company
The company has registered a profit increase of 60% in comparison to last year.
Sales Performance
There has been a steady increase in sales and this is reflective of the profitable year that the company has had.
Factory Renovations
The company has invested in the refurbishment of factories around the region.