Hangzhou Fortunate Co. Ltd
Established in 2001, Hangzhou Fortunate specializes in bedding,
drapery and table linen. It will continue to expand its range of
home textiles in coming months.
The company's total sales reached US$5 million in 2004, with
about US$2 million worth exported to the EU and the US.
About 80 percent of its exports are on an OEM basis. Customers
include Target and J.C. Penney in the US.
Hangzhou Fortunate will maintain prices even as material costs
are rising. The company upgraded worker salaries and improved their
working and living facilities.
Hangzhou Fortunate focuses on midrange and high-end home textiles
made of polyester, 100 percent cotton, polyester/cotton and synthetic
fabric. It expects wrinkle-free home textiles to be among the hottest
Cotton is purchased from Shandong province, and polyester is
procured from suppliers in Zhejiang province or South Korea.
Prices of linen and drapery depend on the type of material and
thread count, size and decorative features. Design also affects
the price. Low-end and midrange curtains, which are made of polyester,
are priced at US$5 to US$12 per piece. High-end drapery made of
chenille sells for more than US$12.
A bed linen set, which usually consists of a quilt cover, two
pillowcases and a bedsheet, is priced at US$12 to US$30, depending
on style, in addition to fabric and thread count.
Tablecloths come in oblong, oval, square and round versions.
The smallest one measures 60x80 inches, and the widest is 60x144
inches. Price is US$2 to US$5 each.
Six R&D members release 500 new products annually, and produce
samples based on customers' designs. About 80 percent of design
work is done by computer, while the rest is done on paper.
And more... To see the full Hangzhou Fortunate Co. Ltd profile
and 14 other in-depth profiles order now.