Hansae C&T Expands High-Function Apparel Production in Guatemala… Targets $500 Million in Sales by 2032
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Korean apparel company Hansae C&T is increasing the production of high-function clothing in Guatemala, Central America. The company said it aims to achieve $500 million in sales by 2032.
The company is focusing on developing clothing with waterproof and heating functions. It also explained that it aims to develop new fabrics every day. Through this, it plans to introduce highly functional products more quickly.
According to the company, producing in Guatemala reduces the distance over which products are transported. Shorter transport distances also reduce fuel consumption, which benefits the environment. The company explained that this effect is equivalent to planting about 30,000 pine trees a year.
This plan can be seen as the company's strategy to strengthen its competitiveness in the high-function apparel market. It will be necessary to watch how well the company can achieve its goals going forward.
Sources: K-VIBE
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