The next thing we are doing with these cotton farmers is teaching them online banking, so instead of giving them cash when they sell us the cotton, we are transferring the money online.. Esquel Group. 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. Boston Consulting Group estimates that more than $22 trillion worth of goods flow across the world every year, a figure expected to reach almost $35 trillion by the end of the decade. We care for our employees. [3], Its head office is in Harbour Centre[zh] (), Wan Chai. Stay tuned to hear more from us about our sustainability journey. In this one-hour discussion, Marjorie shared how we leverage our integrated supply chain to advance our vision of Making A Difference. It provides us with an overall analysis of the market, key statistics, and overviews of the major players in the industry in an online service that is fast, easy to navigate, and reliable. Esquel Group Limited was founded in 1978 and is based in Wanchai, Hong Kong. Founded in 1978, Esquel Group has grown to become one of the largest cotton-shirt maker and exporter in the world. This report will also provide you with the target companys key financial metrics and ratios #Esquel #makingadifference. The third panel invited long-time business leaders to share their experiences and insights regarding the role of corporations during these times of. Fond memories remain of my time in Hong Kong . Esquel is a knowledge-based innovation company that continuously pushes for positive change in the textile and apparel business,. The two Koggala factories have been non-operational since 15 March. Congratulations Margie to you and your team on this well-deserved recognition. The firms vertically integrated operation starts in China where it oversees cotton farms. It will let you stay up to date on current happenings and major developments in order to capitalize on your competitors weaknesses A REPRESENTATIVE LIST OF ORGANIZATIONS THAT HAVE USED OUR RESEARCH PRODUCTS: Your tool is very comprehensive and immensely useful. SDG 6: Ensure availability and sustainable management of water and sanitation for all. I haven't really watched much of The Apprentice (ever or this time around), and I appreciate that it's obviously all in aid of making "good TV" but if someone was consistently bringing such hopeless candidates through screening to shortlist interview stage you'd start to question both their business sense and how good a judge of character they are. Financial Reports. It's a great pleasure for us to join the Green Textiles, Innovation and Technology Forum and Exhibition today. While there are hundreds of freely available sources of business information, the quality and completeness of this information vary, and it is often difficult and time-consuming to pull together information from these sources. Guilin, Guangxi, China - Researched energy-conscious initiatives to be . Esquel Group 5 years 3 months Lean and Industrial Engineering Executive Jan 2019 - Mar 20212 years 3 months Amata IZ, Bien Hoa city, Dong Nai province, Vietnam Dual reporting to Factory Manager. At this point surely the recruitment team need to be fired? 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. Esquel had made a name for itself by making high-quality cotton #Esquel #makingadifference #45thanniversary #annualdinner, A fun little demonstration of using digital trims from JML Apparel using Style3D that I did a few months ago. One white T-shirt developed by the company and currently on sale in its stores uses 84% less water, 85% less chemicals, and 17% less energy than comparable products. Esquel Group's goal is to. Popular questions Work from Home Set in the scenic landscape of Guilin, Integral is our Sustainable Development Garden that showcased our commitment to sustainability. Our office complex in Integral reimagined workspace built for teamwork and productivity. Thank you to all who joined us in celebrating the Chinese New Year. Do you think this impacts the way the group is . Lorem ipsum dolor sit, amet consectetur adipisicing elit. At its largest manufacturing site at Gaoming in Chinas Guangdong province, we are constantly increasing the net take-home pay of our workers, but at the same time were reducing the working hours. digitGaps custom research services are customer driven. TER, un acronyme d'actualit quand nos consciences nous appellent prserver la . Im amazed at how much information is available and the various ways to access it. All our reports are not limited only to subscription models. The firm's vertically integrated operation starts in China where it oversees cotton farms. Purchase this report to inform your strategy, marketing, planning, sales and competitor intelligence functions, thus enabling you to formulate strategies that augment your business. Plunkett Research Online is an excellent resourcethe database contains a wealth of useful data on sectors and companies, which is easy to search and well presented. Esquel manufactures mor..See More, How to Use Plunkett Research Online-12 Minutes, By Using this Site You Agree to these Terms of Use. Otto Group Annual Report 2020/21. 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. Lets take the opportunity to explore the beauty of Integral through this Chinese New Year greetings series. The financial ratios available in our reports also include revenue trends, growth, profitability, margins, and returns, financial position, liquidity and leverage and efficiency ratios A special showcase is Integral, our sustainable development garden in Guilin. Crocs, Inc. proudly reported record annual revenues of $3.6 billion, growing 54 percent over 2021. Entity List. There is a call for computer vision. #EsquelGroup #MakingaDifference #Integral #Sustainability #HKIAAnnualAwards #Guilin #SustainableDevelopmentGarden #rlp. When Esquel started tracking its energy and water consumption back in 2005, there was no industrial benchmark to follow, so it set out its own reference point based on the unit consumption it takes to produce one piece of garment. This report contains Esquel Group Limited company and market share data which will help you understand the detailed picture of company's financial position. 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 Few companies have taken that sentiment to heart more than the Esquel Group, a vertically integrated multi-national textile manufacturing company based in Hong Kong. From there, we also illustrated how people work harmoniously with nature. In addition, there will often be graphs or charts included, helping break down the financials into easily readable information. To view this article you need a PDF viewer such as Adobe Reader . [4], The family owned business was founded in 1978 by family patriarch Yang Yuan-loong[zh]. But Yang says making a difference is as key as making profits. Our challenge was to create an interactive, engaging; yet easily digestible website layout that could hold an extensive amount of information & data on one platform. Phone: 852-2811-8077Fax: 852-2960-6988Address: 25 Harbour Rd., Harbour Center, Fl. In-depth analysis performed to produce this report will give you a clear and unbiased view of the company's strategy and growth prospects. Looking for a particular Esquel Group employee's phone or email? Notre histoire remonte 1949 et notre entreprise continue se dvelopper sur un socle de valeurs fortes. Learn more in our Cookie Policy. Management Team: Names, Profiles, Information on key personnel managing the business, heading key departments and function with their employment history and executive biographies Companies product/service/brand portfolio analysis This report will provide you strategic intelligence category and opportunities for growth as well as global and regional market position It includes their financial performance and activities over the prior fiscal year. The company also has its own retail brands PYE and Determinant. Journalist coverage / News stories The company was also mentioned in a draft bill introduced in the House and . With 57,000 employees across the globe and state-of-the-art production facilities in China, Malaysia, Mauritius, Sri Lanka and Vietnam, Esquel manufactures over 100 million . The team has looked through the material and are very happy with the data you pulled together. 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. 25% OFF ON COMPANY REPORTS. Finally, the visual style needed to be aesthetically uniform with the Esquel Group & Esquel Sustainability brand. Koggala factory garment workers during a work stoppage in November 2021, Statement on the closure of two Sri Lankan factories amid severe financial crisis. Esquel's Commitment to Xinjiang As a knowledge-based innovation company, Esquel Group operates through our distinct business groups. All our reports come with 10% customization at no extra cost 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. Overview of key events: Company evolution including company history and key event [12] This strategy was noted by the South China Morning Post as different from some other competitors which sought to diversify operations by moving to other countries with lower labor costs.[2]. They will also be responsible for calibrating the machines like a technician.. At Esquel, we prioritize investment in the growth and well-being of our employees. [11], Most of the company's manufacturing facilities are in China. 5,53 MB. Divided into different faculties business and management, design, humanity and social sciences, science and engineering to try to train people in different perspectives, the curriculum includes online courses, experience sharing, visits and rotation programmes. Esquel Group Esquel's Commitment to Xinjiang As a knowledge-based innovation company, Esquel Group operates through three distinct business groups: Esquel Brands and Distribution (EBD), Esquel Textiles and Apparel (ETA), and Esquel Ventures (EVG). Were developing an eco-friendly facility that demonstrates Industry 4.0 with automation and advanced use of data, but will also be a tourist destination too, Tung explained. Esquel has a long history of union busting and discrimination against union activists. Esquel Group recruited more than 150 college graduates, having engineering background, to the mangineer programme in 2015. With annual sales of US$1.3bn last year, Esquel manufactures over 100 million garments annually for leading brands including Marks & Spencer, Ralph Lauren, Tommy Hilfiger and NIKE. In 2005, Esquel's internal supply chain had covered all the main steps in the garment-manufacturing process, from cotton farming to manufacturing final garments and accessories. #reusablepackaging #sustainability #plasticwaste #food, Director (Legal Recruitment) at Okumura Partners Limited. Over the years, Esquel has grown from a shirtmaker to a total solutions provider in textiles and apparel, a curator in industrial . Teething issues such as inconsistent procedures and uneven cycle times per machine caused colleagues to grumble from the unstable workload. The farms supply spinning, dyeing and knitting facilities that produce high-quality cotton fabric. We are especially trying to push Plunketts since all of our students have to do so much industry research and your interface is so easy to use. The switch was far from straightforward, however. Esquel has a long history of union busting and discrimination against union activists. Once purchased, digitGaps client support team will deliver the report in PDF format. While producing this report, we have followed a standardized research methodology which assures our data quality and authenticity. Search over 700 You might think this is counter-intuitive, because if you increase the cost you are not earning as much. It will enhance your understanding of internal and external factors which might impact your industry digitGaps is presenting this report to you to understand companys key strengths, weaknesses, potential opportunities, and threats. Lets go the extra mile with a year full of celebrations and breakthroughs for Esquel. Esquel Group May 2014 - Aug 2014 4 months. on 2021 Annual Report. Understanding the companys business segment expansion or their asset divestment To make the data easily digestible, we created a range of visual icons in a minimalistic illustration style to represent the respective data points. Esquel Group Limited manufactures textiles and apparel. This information contains a summary of each deal by type, rationale, and financials 7. Note: Some sections of this report may be missing if the data is not available for the company. Latest Update: High and low-level overview, current news and information, due diligence on business practice, and business partners. There are also companies nearby wanting to use the app, so we are opening this platform to other companies., Talking about apps, we actually have factory workers writing mobile apps, and have received over 1,000 applications for different ideas., As well as focusing on people and the planet, we also think it is very important to look at the product we develop., Take a T-shirt: the bleaching process uses a lot of chemicals, but since we are producing our own cotton and yarn, if we carefully select the cotton fibres that are whiter in colour we can actually reduce the bleaching process.. Company Overview. As an industry we have a bad reputation when it comes to sustainability, says Edgar Tung, managing director of Esquel Group, the worlds largest woven shirt maker. These fresh talents received one year of basic skills training before undergoing a simulation workshop to acquire hands-on experience of different production scenarios. We promote their well-being and enable them to grow personally and professionally. Otto Group Annual Report 2019/20. 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. By way of explanation, he sets out some alarming numbers. Using fewer but more skilled workers, increasing productivity, investing in robotics and automation, micro-financing cotton farmers, and even selecting the whitest cotton fibres to reduce the bleaching process are among the initiatives outlined by managing director Edgar Tung. Come and meet our Esquelers in Integral! View full 2021 Annual Report. Ces valeurs sont T ransparence, E xcellence et R entabilit. Colleagues showed their talents through stunning performances. PDF. [5], In July 2020, the United States Department of Commerce placed a Hong Kong-based subsidiary of Esquel Group on the Bureau of Industry and Security's Entity List for alleged use of forced labor of Uyghurs in Xinjiang. The approximately 300 workers who did not agree to resign are legally obliged to stay on the payroll until the Commissioner General of Labour rules on the termination of their employment contracts, but have had their annual bonuses cut, in violation of earlier agreements reached with the union, in a clear act of retaliation by Esquel. Esquel Group's headquarters is located in London, England, GB W1U 3RF. 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. Devote space to photographs, infographics and other compelling visual elements. Our report is a guide for you to get potential investments and acquisition targets. WeSuperseed created a heavily custom designed website layout. Some types of businesses must prepare and file an annual report by . 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 Secondary / Desk Research United States District Court for the District of Columbia, "100m shirts and counting: Textile maker Esquel embraces technology to cut costs and protect the environment", "This Clothing Company Has Close Ties To Xinjiang, Where Forced Labor Is Rampant", "How the Esquel Group unexpectedly ended up all in the family", "Subsidiary of world's largest shirtmaker put on U.S. blacklist over Xinjiang ties", "Commerce Department Adds Eleven Chinese Entities Implicated in Human Rights Abuses in Xinjiang to the Entity List", "Esquel Group sues US over subsidiary's inclusion on 'entity list', "Nike's former supplier Esquel Group scores a rare win in a bid to remove Xinjiang unit from US forced-labour sanctions list", "15 CFR Appendix Supplement No. We strive to achieve One Esquel One Team through our happiness culture! Founded in 1978, Esquel Group is a global textile and apparel manufacturer with a vertically integrated supply chain that straddles from cotton farming to retailing. 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.. If you think about a robotic arm as your hand, you also need a pair of eyes to try to assess the fabric position. Key personnel information with biographies [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. The closures are taking place at a time of severe economic crisis in Sri Lanka in which people, including garment workers, are facing a rapid rise in their cost of living, shortages of electricity, food and other necessities, and a declining value of the national currency. Detailed view of Business and Operations: Company description will give you detailed information regarding companys businesses, its divisions, and operations If your company is interested in trying this out - please reach out! Well done! Esquel Sri Lanka operates two additional facilities, Ekala and Kegalle. 9.3 might be a plausible reason for the disparity in economic growth as the data suggest that Mauritius has been more politically stable and has more . 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. It was not until legislation was. Request Custom Company Research Report Here: https://digitgaps.com/custom-research/. The company's operations are vertically integrated, from producing cotton, buttons, and packaging to design and manufacturing. Esquel is the world's largest maker of woven cotton shirts, providing major brands with more than 100 million every year, earning the company more than $1.3 billion in yearly revenue. Apart from quarterly updates, all our reports are updated prior to delivery. It is the world's largest woven shirt maker, producing about 100 million shirts annually. Up to 5 Michael Oppenheim, Collections & Reference Services, UCLA. Tammy Dalton, National Account Manager, MCI, Tammy Dalton. I think this is going to be the trend going forward: how to develop credible means of improving productivity rather than just looking at it as a cost. Professionals, Investors, Researchers and Academician who are interested in gaining key information about Esquel Group Limited, this report is a crucial source to them. Esquel is investing more than CNY2bn (US$313.9m) on building a new spinning mill and garment manufacturing facility at picturesque Guilin in Guangxi province, which is due to begin operation next year. Financial Year 2021-22. Mergers and Acquisition/Deals & Alliances/ Partnerships & Investment: Information on historical, current/projected merger and acquisitions, deals, partnerships, alliances and investments LinkedIn and 3rd parties use essential and non-essential cookies to provide, secure, analyze and improve our Services, and to show you relevant ads (including professional and job ads) on and off LinkedIn. The company also has its own retail brands PYE and Determinant. 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. Annual report (Red and Black design) Use this annual report template to create a report for your business. The company had requested permission from the Commissioner General of Labour to terminate the workers' contracts. Our annual dinner in Hong Kong was successfully held last Saturday. They report that some major employers in the sector are already refusing to hire former Esquel workers affiliated with the Free Trade Zones & General Service Employees Union (FTZ & GSEU). Over the past 1.5 years, we have tried to negotiate in good faith for an agreement to ensure fair compensation and a re-employment plan with both Esquel and their buyers, who continued to profit while workers suffer, saysAnton Marcus, Joint Secretary, Free Trade Zones & General Services Employees Union. Gain access to more than 1 million monopolized company profiles on a single platform Esquel Group Careers and Employment About the company Founded 1978 Industry Manufacturing Esquel Group website Learn more Questions and answers People have asked 2 questions about working at Esquel Group. Brand Strategy Brand Identity Storytelling Animation Illustration Website Design & Development. 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 Legal Structure and Ownership: Synopsis on companys shareholders outlining the legal structure and ownership If you can't read this PDF, you can view its text here. 2. Report. Our prime source of information for generating this report is gained by primary research (qualitative and quantitative research), paid subscriptions, and desk/secondary data sources, which is then analyzed by our experts in order to present this vast data, information in an easily accessible consistent format. This button displays the currently selected search type. Need a customized "Company Intelligence" or "Industry Research" report? 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. #Esquel #MakingADifference #lunarnewyear2023, We are the true agent of change. Locations/Facilities: Contact details listing the key locations/facilities, subsidiaries of the company Challenges and threats from current competition and future prospects so that you can understand your competitors business structure and strategies and respond to them 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. Here are some pointers for a good annual report design: Use headings and subheadings. This button displays the currently selected search type. Company share by region and sector, and company structure For more details, please read the article here. Its clientele include Abercrombie & Fitch, Jack & Jones, Gant, Hugo Boss, Lacoste, Ralph Lauren, Tommy Hilfiger, and Nautica. Elton PD001--1463 When we are looking at sustainability the first thing that comes to mind is people, Tung added perhaps not surprisingly given that the business employs around 55,000 workers globally, 40,000 of them in its garment manufacturing sites in China, Malaysia, Mauritius, Sri Lanka and Vietnam. free lookups / month. Congratulations Tessie and Bryant! Request now, Explore subscription: 1.5 million+ company and industry intelligence reports, Esquel Group Limited Business Description, Esquel Group Limited Industry Classifications, Esquel Group Limited Number of Employees, Esquel Group Limited Other Locations (domestic and international), Esquel Group Limited Current and Pending Investors, Esquel Group Limited Major Products and Services, Esquel Group Limited Company Tree / Company Hierarchy, Esquel Group Limited Legal Structure and Ownership, Esquel Group Limited Corporate Timeline, Esquel Group Limited Corporate Strategy, Esquel Group Limited SWOT Analysis - Overview, Esquel Group Limited Competitive Positioning, Esquel Group Limited Business Descriptions of Competitors, Esquel Group Limited - Key Executives Biographies, Esquel Group Limited - Board Members Biographies, Esquel Group Limited - Key Operational Heads, Esquel Group Limited Current Capitalization, Esquel Group Limited Capital Market Ratios, Esquel Group Limited Mergers and Acquisitions, Esquel Group Limited Deals and Alliances, Esquel Group Limited Partnerships and Investments, Esquel Group Limited Deals by Year (YTD), Esquel Group Limited Deals by Type (YTD), Esquel Group Limited Deals by Region (YTD), Esquel Group Limited Deals by Sub-sector (YTD).