Thin margins, steady work: Thun courts Czech retail chains

Thun 1794 is targeting revenue of just under 400 million Czech korunas this year, even as its foreign sales weakened in the first half.

Chief executive Vlastimil Argman believes the Nová Role porcelain maker can still meet the plan. The company is relying in part on maintaining the support of retail chains in the Czech Republic.

Those chains matter because they place large-volume orders, giving the manufacturer a source of steady work despite the pressure on margins and weaker overseas demand.