WPS Shanghai Office Opens
September 6, 2004-- Home Textiles Today,
WestPoint Stevens has moved into its new Shanghai office in the WestGate Mall Building on Nanjing West Road. Currently the company has a staff of six associates, but expects to double this by year's end.
“Having a daily presence in Shanghai is vital to the company,” said William Walker, managing director and president of Asian operations for WestPoint Stevens. “It will enhance our already strong position in Asian sourcing, enable us to build closer relationships with our current sourcing partners and expand our reach by giving us access to an even broader Asian supply base in multiple product categories.”
According to Walker, WestPoint's presence in Shanghai will also spur the company's continued drive to improve global product development, quality assurance and logistics. “As Asia — particularly China — continues to grow as a global supplier and in domestic consumption, our team in Shanghai will be focused on the continuing upgrade of product and service support to our customers.”
WPS President and CEO Chip Fontenot noted, “We spent the last several years building our direct offshore-sourcing operations. We have now reached a point of critical mass, currently running at over $400 million of our revenues, such that a direct presence overseas is warranted.”