China’s Jack Stock has released its annual report of 2020, unveiling all the developments that took place throughout the year.
According to report, the company says it got tremendous support from worldwide for its live sessions on Facebook, which has helped increase its followers from 21,000 to 150,000, a 615 per cent surge from 2019.
The company further revealed that its service engineers took the initiative to provide door-to-door service and inspection, which has benefitted 30,000 factories in China and over 10,000 factories in more than 10 other countries.
Jack had officially entered China’s Tmall as well in 2020 and opened the first official online store of Jack, which is also said to be the first-ever online store in the sewing industry.
As far as acquisitions are concerned – for which Jack is always known – its wholly-owned subsidiary Bullmer acquired LINTSENSE company, which has improved the company’s comprehensive competitiveness and made a complete set of intelligent solution service provider, adding cloth inspection technology as well in its basket.
Since businesses are dependent on virtual meetings due to pandemic, Jack has also remained ahead with its first virtual overseas distributors’ conference, which was attended by around 170 overseas distributers online.
The report also informed that the manufacturing base of Jack intelligent high-end sewing equipment has also been completed in Taizhou Bay Factory, contributing significantly to the 100 billion Yuan worth of sewing industry.
