Esquel Group Jul 2012 - Sep 2015 3 years 3 months. Buying this report will assist you to gain key insights into the happenings around companies business and academic research The vertical marketing tool is very helpful, for it assists us in that venue, as well as targeting customers competition for new salesThe comprehensive material is absolutely fabulous. But its focus is not on the cost of this labour, rather the productivity they can generate. Thanks for the opportunity for us to showcase our Esquel story. Our Vice Chairman Teresa Yang said that this award win is another major recognition of Esquels vision of Making a Difference embodied by Integrals pioneering architectural design and development model. Colleagues showed their talents through stunning performances. When expanded it provides a list of search options that will switch the search inputs to match the current selection. As a total service and solution provider, Esquel differentiates itself from other manufacturers by investing in its people and innovative technology to ensure sustainable manufacturing 'from seed to . It will enhance your understanding of internal and external factors which might impact your industry This report contains Esquel Group Limited company and market share data which will help you understand the detailed picture of companys financial position. You can update your choices at any time in your settings. #Esquel #MakingADifference #sustainability, Usher in the Lunar New Year! #Esquel #MakingADifference #lunarnewyear2023, Leaping into the Year of the Rabbit, we wish you a wonderful new year. Bridging the gap in sustainable trade & finance Esquel Group on LinkedIn: When Assistant Tang Xiaofang wanted to use a SDG 7: Ensure access to affordable, reliable, sustainable and modern energy for all. It's a great pleasure for us to join the Green Textiles, Innovation and Technology Forum and Exhibition today. Here are some pointers for a good annual report design: Use headings and subheadings. I am very impressed, I have to say! Over the past year and a half, international brands have been ending their business relationship with EsquelSri Lanka because of US trade sanctions against its parent company, the Esquel Group, for its links to forced labour in Xinjiang, China. In order to create a new signature S logo, we integrated different elements within the manufacturing process from cotton to textile and carefully blended them together. Esquel Group - Wikipedia (business & personal). Entering a new mode of production was challenging, but I felt driven to excel in it, Ms. Tang said. #Esquel #makingadifference. Hero Financial Annual Report - Heromotocorp Download a "Company Intelligence" sample report. 2. Secondary / Desk Research We strive to achieve One Esquel One Team through our happiness culture! Since then, the companies have been doing subcontracting for local manufacturers. We had the privilege of working with them to revamp their annual Sustainability Report website. For more details, please read the article here. The more I get into the database, the happier I am that well have itREALLY happy!!! Teams of colleagues competed in the Fai Chun Writing Contest, which allowed them to unleash their creativity and strengthen their bonding in between. This ensures that all the latest information is captured to enable you to make informed decisions This report will provide you strategic intelligence category and opportunities for growth as well as global and regional market position Sustainability Pays Dividends Importance of 'Soft' Technology for China. Enter employee name to find & verify emails, phones, social links, etc. Devote space to photographs, infographics and other compelling visual elements. The Clothing Manufacturer Service. The switch was far from straightforward, however. 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. 'Mangineer' concept keeps Esquel Group 'lean' and 'agile' Accounting Mini-series. Its going to be a win-win situation if your incentives are going to be linked to productivity improvement.. Congratulations Margie & Teresa, Ron & Bryant! 4. Esquel Group was founded in 1978. 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. Management Team: Names, Profiles, Information on key personnel managing the business, heading key departments and function with their employment history and executive biographies But our view is that workers will one day become technicians; they will be operating multiple machines, and they will also be responsible for quality because were not going to have any more QCs to check their work. I hope to see it one day when it is safe to travel again. I really appreciate the depth you were able to get to so quickly (for our project). Thank you to all who joined us in celebrating the Chinese New Year. Lets take the opportunity to explore the beauty of Integral through this Chinese New Year greetings series. Latest Update: High and low-level overview, current news and information, due diligence on business practice, and business partners. The geographic presence in different regions can act as one of the major strength of the organisation. Right from company SWOT analysis, financial insights to merger and acquisitions/deals details are available in our single report 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). Get contact details including emails and phone numbers Esquel operates two cotton ginning mills in Xinjiang and three spinning mills, where cotton is spun into yarn. And thats not including the social aspect, such as low wages and poor working conditions. Esquel (Mauritius) Ltd has a manpower of 2710 comprising of both local and foreign employees from Bangladesh, Madagascar, Nepalese, Sri Lankans, Malaysians and Indian. Data Sources: Esquel Group is one of the few large textile manufacturing groups to do so. All our reports are not limited only to subscription models. Over the course of the past 10 years weve managed to reduce the energy consumption by 45% per piece of garment produced; and reduced the water consumption overall by 64%.. The average loan amount is CNY15,000 (US$2,254) and there have been zero defaults since its launch. Narrative Summary ESQUEL.docx - Esquel (Mauritius) Ltd is a 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. The traditional retail price is usually marked up four to eight times at the consumer level, so assuming a shirt sells at a retail price of US$140, the true cost of $25 includes manufacturing, raw materials, labour, duties and transportation, logistics. 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. Margie Yang on LinkedIn: More good news | 19 comments 3Q: Esquel Group - Making Impact Through Innovation 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. How the Esquel Group unexpectedly ended up all in the family Colleagues showed their talents through stunning performances. 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. Stay tuned to hear more from us! [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 rating from the Corporate Information Transparency Index (CITI) evaluates the environmental performance of international brands selling and sourcing in China, with the ultimate goal of guiding consumers into making green choices. Founded in 1978, Esquel Group has grown to become one of the largest cotton-shirt maker and exporter in the world. Company Headcount: List of key employees as well as the headcount of the company, hierarchy [2] Esquel supplies textile to companies such as Li Ning, ANTA Sports, Fila, Giordano, Muji. 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. #3ddesign #DPC #digitaltwin, Senior CSR & Sustainability Manager at foodpanda, Another successful lunch & learn experience at Colliers with more than 100 foodpanda reusable boxes! ESQUEL GROUP SUSTAINABILITY UPDATE 2020 - United Nations Global Compact Looking for a particular Esquel Group employee's phone or email? WeSuperseed created a heavily custom designed website layout. ESQUEL GROUP OF COMPANIES (Private) Company Profile, Corporate Revenues, Growth, Market Size, Analysis, Business Forecasts, Market Share, Metrics, SWOT Esquel Group of Companies is one of the world's largest producers of cotton shirts. The case is still pending. Esquel Sri Lanka operates two additional facilities, Ekala and Kegalle. Esquel Group - SourceWatch Esquel Enterprises Limited | HKTDC Sourcing Detailed intelligence on Competition: Insights on key competitors Copyright 2023 Civic Exchange. #Esquel #makingadifference #lunarnewyear, In Esquel, we promote the concept of "Fun People Serving Happy Customers" through trust and respect. Im amazed at how much information is available and the various ways to access it. Our annual dinner in Hong Kong was successfully held last Saturday. ", Didn't find the company in our repository? At Esquel, we seek to provide quality employment that creates opportunities for all. Lorem ipsum dolor sit amet consectetur adipisicing elit. 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.. million verified professionals across 35 million companies. Esquel Group | 13,195 followers on LinkedIn. 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 . 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. Fairmont PD001--552. Challenges and threats from current competition and future prospects so that you can understand your competitors business structure and strategies and respond to them Workers suspect that the factories will be reopened with new owners, but fear that union members and supporters will not be rehired. Another initiative to train up workers with the necessary skills to deal with the future manufacturing model has been to set up a virtual university called Esquel University. Congrats Margie to you and your Esquel team, and to Ronald as well! 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. People think workers are workers, that they sit in front of a sewing machine and generate a product. 25% OFF ON COMPANY REPORTS. This is the model were trying to aim for: were going to use less people, were going to use people who are better educated, were going to have zero discharge, and were going to use a lot of automation and data to try to create value., Apparel sourcing and textile industry news & analysis, Inflation hits Vietnams apparel, footwear sectors as China reopens, Two years post-military coup: Myanmar garment sector battles instability, poverty, Can the EU garment sector survive the energy crisis challenge, Kelheim Fibres, Recycling Atelier Augsburg team to drive green fibre development, AAFA, IAF sign MoU for industry collaboration, Texworld sourcing show heads to Los Angeles, ETI backs IndustriALL framework for responsible Myanmar exit, Higg Brand & Retail Module revamped to accelerate industry green transition, Modern Meadow, Singtex team on sustainably developed outdoor wear, Australian PE firm Anchorage Capital acquires David Jones from Woolworths, Global Fashion Group exits Russia following Lamoda sale, Leading digital transformation software providers for the apparel industry, Leading artificial intelligence (AI) companies for the apparel industry, Leading cloud computing companies for the apparel industry, second greenest textile supply chain in China, Delivery Innovation in Apparel - Thematic Research, Wearable Technology in Apparel - Thematic Research, Strategic Focus Report Communications & Collaboration, Strategic Focus Report: Communications & Collaboration, The Hong Kong Research Institute of Textiles and Apparel Limited, Inflation hits Vietnam's apparel, footwear sectors as China reopens, Top opportunities for manufacturers in the fashion industry today. We promote their well-being and enable them to grow personally and professionally. [2] Esquel supplies textile to companies such as Li Ning, ANTA Sports, Fila, Giordano, Muji. NN Group published 2021 Annual Report Director, Derby Entrepreneurship Center @Tufts | Corporate Innovation Consultant | Keynote Speaker and Author, Senior Business Consultant at Organicoguru Lanka (Pvt) Ltd. Congratulations ! Share your feedback. Plunkett Research Online provides a great one stop shop for us to quickly come up to speed on major industries. 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. WASHINGTON July 6, 2021 Today, Esquel Group, the Hong Kong-based textile and apparel manufacturer, has filed a lawsuit in the United States District Court for the District of Columbia seeking relief from the economic and reputational harms caused by the placement of its subsidiary, Changji Esquel Textile Co. Ltd., on the U.S. Stay tuned to hear more from us about our sustainability journey. Detailed view of Business and Operations: Company description will give you detailed information regarding companys businesses, its divisions, and operations Journalist coverage / News stories SDG 6: Ensure availability and sustainable management of water and sanitation for all. A. 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.