Otto Group Annual Report 2020/21. They are also calling onSri Lankas Commissioner General of Labour to provide reemployment guarantees for the workers who lose their jobs as a result of the factory closures. A Chinese New Year Party was held yesterday for all of us to meet and greet. Esquel is a manufacturer and supplier of apparels for men and women. Notre histoire remonte 1949 et notre entreprise continue se dvelopper sur un socle de valeurs fortes. Request a price quote A Representative List of Organizations that Have Used our Research and Products: 100,000 Industry Statistics 500 Industries Analyzed for Market Size, Profits and Forecasts 150,000 Industry Executives Profiled 25,000 Companies Profiled, Ranked and Analyzed 1,000 Vital Trends Analyzed, totaling 1,000,000 words Basic #Esquel #MakingADifference #lunarnewyear2023, Spreading joy and good luck through Chinese calligraphy! WeSuperseed created a heavily custom designed website layout. I really appreciate the depth you were able to get to so quickly (for our project). 13,192 followers 1w Report this . Among the initiatives introduced to benefit its supplier community, for instance, is a micro-financing programme for cotton farmers in the Xinjiang region of China. In this one-hour discussion, Marjorie shared how we leverage our integrated supply chain to advance our vision of Making A Difference. Congrats Margie to you and your Esquel team, and to Ronald as well! To view this article you need a PDF viewer such as Adobe Reader . digtiGaps 2018. Congratulations Margie & Teresa, Ron & Bryant! Stay tuned to hear more from us about our sustainability journey. Esquel Group ( Chinese: ) is a Hong Kong-based textile and apparel manufacturer. [2] Esquel supplies textile to companies such as Li Ning, ANTA Sports, Fila, Giordano, Muji. We started this about ten years ago, and since then about 1500 households have benefited from the programme. Annual Report View In PDF DIGITAL VERSION. Our company profiles cover most of the major public and private companies globally, 4.1 Buying this report will enable you to get detailed company information and its operations including: Latest Update: High and low-level overview, current news and information, due diligence on business practice, and business partners. Do you think this impacts the way the group is . The switch was far from straightforward, however. All our reports are not limited only to subscription models. digitGaps company research reports are written by our qualified research team, a dedicated group of analysts who knows the industry inside and out. Colleagues showed their talents through stunning performances. Esquel operates two cotton ginning mills in Xinjiang and three spinning mills, where cotton is spun into yarn. Ideally, readers should be able to scan through the document and get the information they need. 5,53 MB. China, European Union, United Kingdom, USA . Corporate websites Esquel Group's goal is to. Esquel harnesses technology to transform its operations and commercialize its innovations. TRANSINVEST Construction fait partie des leaders du BTP Maurice et sur Rodrigues. Between the quality and affordability of your product, its appeal to and value for our users, and the inestimably ethical and loyalty-guaranteeing conduct of your business, I will always have more than sufficient praises to sing for Plunkett Research. Esquel Group is one of the few large textile manufacturing groups to do so. The company also has its own retail brands PYE and Determinant. This information contains a summary of each deal by type, rationale, and financials Esquel is currently transforming its operations from the conventional methods by adopting lean manufacturing principles. Annual report (Red and Black design) Use this annual report template to create a report for your business. SDG 7: Ensure access to affordable, reliable, sustainable and modern energy for all. Companies product/service/brand portfolio analysis Approximately 1,000 workers who agreed to resign have filed a legal case against the company with the labour authorities. The numbers show why. Locations/Facilities: Contact details listing the key locations/facilities, subsidiaries of the company At this point surely the recruitment team need to be fired? fThe privately-owned company was one of the leading cotton apparel and textile manufacturers in the world The company employed 47,000 people and manufactured 60 million shirts a year. Delicious food from Seoul Bros as always Company offerings: Details on a list of companys major products/services/brands And thats not including the social aspect, such as low wages and poor working conditions. Colleagues showed their talents through stunning performances. Or do we have other ways of looking at the bigger picture? Tungasked. Our Reports. From there, we created the first natural dye garden in China. An annual report is a document that contains comprehensive financial information about public companies, small and large corporations, non-profit organizations, partnerships, and other businesses. We empower Esquelers to make their decisions, unleash their potential, and build a positive and respectful working environment by adopting our #eCulture. Also part of Esquels vision going forward is that the amount of direct labour will be significantly reduced, replaced by a group of skilled technicians with better education, better ability to interact with machines, and a better understanding of quality. Looking to the future, however, is when the companyreally raises the bar on sustainability. Tammy Dalton, National Account Manager, MCI, Tammy Dalton. Primary research via qualitative and quantitative research Esquel Group is one of the world's leading producers of premium cotton shirts, with production facilities in China, Malaysia, Vietnam, Mauritius, and Sri Lanka, and a network of branches servicing key markets worldwide. A big thank you to our partners in this wonderful project, including the architecture firm Ronald Lu & Partners for helping us materialize Esquels commitment in sustainable development through their outstanding architectural design. Company share by region and sector, and company structure Apart from quarterly updates, all our reports are updated prior to delivery. [2] Esquel supplies textile to companies such as Li Ning, ANTA Sports, Fila, Giordano, Muji. All our reports come with 10% customization at no extra cost Again citing its flagship location in Gaoming, Tung explained how a dearth of parking space for the 20-25,000 people working in the spinning mill, weaving, knitting and garment factory has led to the development of a Carpool app that encourages workers to share a car on their way to work or within the premises. document.getElementById( "ak_js_1" ).setAttribute( "value", ( new Date() ).getTime() ); Hong Kong's independent public policy think tank. Stay tuned to hear more from us! An annual report is a corporate document disseminated to shareholders that spells out the company's financial condition and operations over the previous year. This report provides a case study of The Esquel Group (EG), a prominent, Hong Kong-based textiles and garments manufacturer. Esquel Group's Post . View a snaphot of our 2021 Annual. When expanded it provides a list of search options that will switch the search inputs to match the current selection. Its clientele include Abercrombie & Fitch, Jack & Jones, Gant, Hugo Boss, Lacoste, Ralph Lauren, Tommy Hilfiger, and Nautica. to allegations of forced labor. All rights reserved. Esquel Sri Lanka operates two additional facilities, Ekala and Kegalle. Right from company SWOT analysis, financial insights to merger and acquisitions/deals details are available in our single report Key personnel information with biographies We strive to achieve One Esquel One Team through our happiness culture! Outlook for Future Years. These fresh talents received one year of basic skills training before undergoing a simulation workshop to acquire hands-on experience of different production scenarios. Esquel also bases its sustainability strategy on four different pillars namely people, planet, product and community overseen by a Sustainability Council set up five years ago. Information on new product development/services as well as marketing and distribution strategies, 4.2 Esquel Group Limited SWOT Analysis profile will help you gain knowledge upon: #Esquel #makingadifference #lunarnewyear, In Esquel, we promote the concept of "Fun People Serving Happy Customers" through trust and respect. But what we are trying to do is link the productivity improvement with the net take-home pay of our workers. Thank you to all who joined us in celebrating the Chinese New Year. The textile and clothing industry is the second largest polluting industry in the world after oil; it takes 5,000 gallons of water to produce a T-shirt and pair of jeans; 2.5bn tons of wastewater is generated annually by the industry in China alone; the sector accounts for 17-20% of the worlds industrial pollution; and 12.8m tons of textile waste is discarded each year. On Thursday, Esquel said since the subsidiary ended up on the blacklist, the company "lost a significant portion of its annual revenue totalling hundreds of millions of dollars" that has. View our 2022 Interim Report. Devote space to photographs, infographics and other compelling visual elements. Select Accept to consent or Reject to decline non-essential cookies for this use. The ideas of environmental management, industrial ecology and ecological footprint have been proposed to allow for a meticulous look to the products that we manufacture and use, with emphasis on measuring the ecological impacts in hopes of reducing them. Get contact details including emails and phone numbers 5 to Part 744 - Procedures for End-User Review Committee Entity List and 'Military End User' (MEU) List Decisions", "Hong Kong shirtmaker Esquel Group resumes lawsuit in bid to remove Xinjiang unit from US forced-labour sanctions list", "Why A Chinese Clothes Maker Rejects Cheap Labor And Goes Green", https://en.wikipedia.org/w/index.php?title=Esquel_Group&oldid=1124103049, Articles containing Chinese-language text, Articles containing traditional Chinese-language text, Creative Commons Attribution-ShareAlike License 3.0, This page was last edited on 27 November 2022, at 10:03. This is essentially improving the quality of employment; people nowadays talk about a work-life balance, they dont want to work on a factory floor all the time. #Esquel #MakingADifference #lunarnewyear2023, We are the true agent of change. The third panel invited long-time business leaders to share their experiences and insights regarding the role of corporations during these times of. Hong Kong-based Esquel Group, one of the world's largest shirtmakers, sued the US government on Tuesday, a year after a subsidiary was prohibited from buying US supplies over allegations it. Looking for a particular Esquel Group employee's phone or email? [11], Most of the company's manufacturing facilities are in China. We are especially trying to push Plunkett since all of our students have to do so much industry research and your interface is so easy to use. The company also has a collection of plant-based natural dye products that reduce chemical usage by 60%, water by 43%, and steam by 41%, it says. Enter employee name to find & verify emails, phones, social links, etc. Analysis of prospects, locations and subsidiaries On this Wikipedia the language links are at the top of the page across from the article title. Over the years, Esquel has grown from a shirtmaker to a total solutions provider in textiles and apparel, a curator in industrial . Entering a new mode of production was challenging, but I felt driven to excel in it, Ms. Tang said. This report contains Esquel Group Limited company and market share data which will help you understand the detailed picture of company's financial position. Esquel had made a name for itself by making high-quality cotton In-depth analysis performed to produce this report will give you a clear and unbiased view of the companys strategy and growth prospects. Defects dropped to almost zero while the compact U-shaped layout of the production line shortened the handling distance of a work piece from 240 meters to 5 meters, and overall production time was slashed from 6.4 days to 3.5 days. On-demand/custom research company analysis request can also be availed When it comes to environmental impact the planet pillar of its strategy Esquel claims to have invested over US$150m over the last ten years in managing its water and energy consumption, including a wastewater treatment plant that processes more than 5,000 tons of water every day. So proud to be an ex Esqualler . This button displays the currently selected search type. [8] In August 2021, Esquel was removed, with conditions, from the Entity List by the inter-agency End-User Review Committee, which is composed of representatives from the U.S. digitGaps company reports will get you an access to information that enables you to build strategies accordingly so that you can transform your operations to gain maximum profits The Clothing Manufacturer Service. digitGaps company research reports are the succinct summary of companies detailing their strategic direction, SWOT analysis, information on the companys key employees, profiles of key personnels, key competitors, products, and services, as well as detailed financial ratios for the last 5 years which is brief but comprehensive. Congratulations Margie to you and your team on this well-deserved recognition. The approximately 2,000 workers at these facilities also face unsure futures as both leases run out by end of this year. WASHINGTON, July 6, 2021 /PRNewswire/ -- Today, Esquel Group, the Hong Kong -based textile and apparel manufacturer, has filed a lawsuit in the United States . Esquel Group Limited research report contains the following information which will give you clear and full picture of the business landscape, potential customers, competitors and suppliers. Speaking at this years Innovation and Technology Symposium organised by the Hong Kong Research Institute of Textiles and Apparel (HKRITA), Tung explained that when dealing with sustainability it is important to look at the entire supply chain rather than just one part, as well as considering both the social and environmental impacts. Entity List. Our office complex in Integral reimagined workspace built for teamwork and productivity. Share your feedback. Esquel directly employs around 55,000 people across the world but, adding in their family members, the company estimates between 100,000 and 200,000 people areimpacted by its actions. Purchase this report to inform your strategy, marketing, planning, sales and competitor intelligence functions, thus enabling you to formulate strategies that augment your business. Against this backdrop, the Hong Kong-based textile and apparel giant has made it its mission to weave sustainability into its core values, and across a vertical supply chain that spans every step from cotton farming, through spinning, weaving and knitting, to apparel making, accessories and packaging, retail and distribution. Our report is a guide for you to get potential investments and acquisition targets. ", Didn't find the company in our repository? Under pressure from management, some of the workers agreed to sign voluntary resignation agreements with the understanding that they would receive more than their legal entitlement as promised by the company in writing, but with no financial details provided to justify the closure. People think workers are workers, that they sit in front of a sewing machine and generate a product. An intro animation was created featuring their unique vertical integrated business model, from farming and processing cotton, all the way to stitching and developing high quality textiles. You might think this is counter-intuitive, because if you increase the cost you are not earning as much. View full 2021 Annual Report. The company also manufactures and retails mens and ladies dress shirts, sport shirts, and woven and knitted tops; accessories that includes buttons, labels, and handtags; and packaging materials such as plastic and paper bags, stickers, and carton boxes. [12], Its operations in China like the rest of the textile industry in China have faced the constant pressure of rising labor costs and stricter environmental regulation. Esquel Group | 13,195 followers on LinkedIn. Esquel Group, one of the world's largest garment producers and supplier for such brands as Tommy Hilfiger, Patagonia and Nike, said it has written to the US Commerce Secretary Wilbur Ross to. This is also a very hot area we are investing in.. Please wait while the search results are loading Esquel Group of Companies is one of the worlds largest producers of cotton shirts. Esquel Group Jul 2012 - Sep 2015 3 years 3 months. Teams of colleagues competed in the Fai Chun Writing Contest, which allowed them to unleash their creativity and strengthen their bonding in between. Each Sustainability Pillar was specifically color and pattern coordinated., WeSuperseed combined the concept of line art and Traditional Chinese painting as an extension of the company visual identity, to accompany the factual content of the annual report a juxtaposition of their modern developments while maintaining their heritage.. Legal Structure and Ownership: Synopsis on companys shareholders outlining the legal structure and ownership [6][7] In July 2021, Esquel filed a lawsuit in the United States District Court for the District of Columbia against the U.S. government seeking removal from the Entity List. Esquel Group (Hong Kong) Launching a Sustainable Mask Amidst a Public Health Crisis January 2021 Extraordinary Endeavors in Turbulent Times: Asian Innovation, Inclusion, and Impact during COVID-19 A Joint Report by the Asia Business Council and the Hong Kong University of Science and Technology Other case studies in the series The company had requested permission from the Commissioner General of Labour to terminate the workers contracts. That ruling remains pending. [5] The opening of China that year had according to one of Yang's daughters led to the decision to establish the company. Project Coordinator Social Alliance Communications Consultancy . Otto Group Annual Report 2018/19. One year down the road this app has been used 16,936 times and has saved over 128,000 km travelled, 12,871 litres of gas and 29.6 tons of carbon dioxide emissions. Esquel has a long history of union busting and discrimination against union activists. Esquel Group was founded in 1978. It includes their financial performance and activities over the prior fiscal year. Annual reports Do we constantly move from one location to another chasing low cost labour? Copyright 2023 Civic Exchange. We had the privilege of working with them to revamp their annual Sustainability Report website. Civic Exchange Aims Organizations create impacts at various. Esquel Group's supply chain was first linked to Xinjiang in a May 2019 Wall Street Journal report. The company had requested permission from the Commissioner General of Labour to terminate the workers' contracts. 2002 Research Report Measuring Sustainability: A Snapshot of a Hong Kong Company - the Esquel Group By 3 June 2002 The concept of sustainability has become more familiar in Hong Kong but the discussion of how organisations can become more sustainable in terms of economic, environmental and social performance is still at an early stage. Popular questions Work from Home Gary White, Business Materials Selector, Penn State University, Our Market Research = Your Smart Decisions, Esquel Group of Companies is one of the worlds largest producers of cotton shirts. Esquel Group (Chinese: ) is a Hong Kong-based textile and apparel manufacturer. The average loan amount is CNY15,000 (US$2,254) and there have been zero defaults since its launch. A. Esquel Group recruited more than 150 college graduates, having engineering background, to the mangineer programme in 2015. The more I get into the database, the happier I am that well have itREALLY happy!!! By way of explanation, he sets out some alarming numbers. Its going to be a win-win situation if your incentives are going to be linked to productivity improvement.. 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