Earlier last week, Finnish clothing brand Kaiko reported a theft of about 100 supplementary products from a truck transporting their clothing from Portugal. Marianne Kokkonen, the vice president of Kaiko, made the announcement. Most of Kaiko’s clothing is manufactured in Portugal and then shipped to Finland. The stolen batch comprised about 100 supplementary products and over 500 pieces of clothes made from warehouse knits.
According to Kokkonen, the theft is especially unfortunate because the clothes made from warehouse knits are usually small and unique. The stolen batch was the only special batch on the transport, and no other surplus fabric was left in the factory to replace it. Reports suggest that clothing brand Riva Clothing also experienced a similar theft incident. Kokkonen believes that Riva Clothing’s theft may be related to Kaiko’s incident since most of Riva Clothing’s clothes are also made in Portugal.
This was the first time an incident of this nature had occurred to Kaiko during Kokkonen’s career. Their Portuguese suppliers had warned about potential issues in the past, but nothing like this had happened before. The authorities were immediately informed, and a criminal complaint has been filed. Although financial losses are expected to be minimal, Kokkonen expressed her disappointment at the situation.
Unfortunately, there is no clear answer yet on what happened to the stolen products. Kaiko is still investigating the matter, but until they reach their warehouse, they remain with the supplier’s responsibility. Thankfully, Kaiko will not suffer significant financial losses due to this unfortunate event.
In conclusion, while financial losses for Kaiko are minimal, this incident has been disheartening for them as it marks their first experience with such an issue during Kokkonen’s career. It is crucial for companies like Kaiko to take necessary precautions when transporting goods overseas to avoid such incidents from happening again in future.