Les Enphants outsources production after closing its factory

setn.com (Chinese)

Losing its own production facilities, Les Enphants, a leading Taiwanese baby product company, has shifted to outsourced manufacturing to cut costs. This change aims to improve profitability and focus on brand development. The company announced the closure of its factory at the end of 2024, after a year of transitioning to external production. Production volume decreased from 427,000 items in 2023 to zero by December 2024. Facing losses due to declining birth rates and a shrinking Chinese market, Les Enphants' stock price has fallen below NT$5, leading to its classification as a full-cash settlement stock.


With a significance score of 2.4, this news ranks in the top 16% of today's 24475 analyzed articles.

Get summaries of news with significance over 5.5 (usually ~10 stories per week). Read by 10,000+ subscribers:


Les Enphants outsources production after closing its factory | News Minimalist