Weaker outlook in 2H16; cautious of decelerating growth after 2017
​We believe Eclat is a proxy for the yoga and sportswear market in the US and thus are cautious that its sales growth will decelerate given narrowing potential for new client wins and the likely saturation of the end market.
Eclat Textile Company Limited. ECLAT TEXTILE CO., LTD. is a Taiwan-based company principally engaged in the garments and fabrics businesses. The Company's primary products include active wear, performance wear, ready to wear, seamless wear, flexible knit fabrics, organic cotton fabrics, lyocell fiber fabrics, rayon fiber fabrics, polymer fiber fabrics, anti-bacterial fabrics and others. Its fabrics are mainly used in the production of sportswear, casual garments, underwear and swimsuits. The Company mainly operates through two business segments. The Knitted Fabrics Business segment is mainly engaged in the production and sales of knitted fabrics. The Ready-made Garments Business segment is mainly engaged in the manufacturing, processing and trading of garments. The Company mainly operates its business in Taiwan, the Americas and other Asian markets.
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