Project Coordinator Social Alliance Communications Consultancy . Lets kick start our work at full strength! 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. SDG 8: Promote sustained, inclusive and sustainable economic growth, full and productive employment and decent work for all. 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.. [3] Its head office is in Harbour Centre [ zh] (), Wan Chai. This report will provide you strategic intelligence category and opportunities for growth as well as global and regional market position This is also a very hot area we are investing in.. Many thanks to Lucy Cromwell and Jiwon Choi for kickstarting this fantastic opportunity and we look forward to making these reusable lunches more frequent! Esquel Group is one of the few large textile manufacturing groups to do so. #Esquel #MakingADifference #lunarnewyear2023, We are the true agent of change. By way of explanation, he sets out some alarming numbers. In-depth analysis performed to produce this report will give you a clear and unbiased view of the companys strategy and growth prospects. #Esquel #MakingADifference #sustainability, Usher in the Lunar New Year! Here are some pointers for a good annual report design: Use headings and subheadings. [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]. To view this article you need a PDF viewer such as Adobe Reader . The carbon footprint analyses of our proprietary assets and the EU Taxonomy disclosures have been incorporated in the Annual Report as of this year. Esquel has a team of around 100 people doing nothing but creating automation machines for our different factories, Tung revealed, tackling challenges that include how to use a robot to grab a piece of soft fabric, or aligning different stripe or check patterns. 9.4.The inability of Jamaica to adequately control corruption as shown in Fig. 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. 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. Elton PD001--1463 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. The switch was far from straightforward, however. Right from company SWOT analysis, financial insights to merger and acquisitions/deals details are available in our single report 7. Report. 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. Press release. Sign up for a free account. With further communication and internal training, the team eventually saw a drastic boost to their production efficiency and performance. Looking for a "Syndicated, Qualitative or Quantitative Market Research Solution? Tammy Dalton, National Account Manager, MCI, Tammy Dalton. Or do we have other ways of looking at the bigger picture? Tungasked. Esquel is currently transforming its operations from the conventional methods by adopting lean manufacturing principles. The numbers show why. PDF. 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. 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. 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. Annual report (Red and Black design) Use this annual report template to create a report for your business. Esquel Group Jul 2012 - Sep 2015 3 years 3 months. Synopsis of Business Strategy: Corporate strategy summarization: Domestic Strategy and International Strategy (business & personal). At this point surely the recruitment team need to be fired? Sustainability Pays Dividends Importance of 'Soft' Technology for China. The company was also mentioned in a draft bill introduced in the House and . Otto Group Annual Report 2021/22. In addition, there will often be graphs or charts included, helping break down the financials into easily readable information. SDG 6: Ensure availability and sustainable management of water and sanitation for all. document.getElementById( "ak_js_1" ).setAttribute( "value", ( new Date() ).getTime() ); Hong Kong's independent public policy think tank. 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. ", Didn't find the company in our repository? Management Team: Names, Profiles, Information on key personnel managing the business, heading key departments and function with their employment history and executive biographies Fond memories remain of my time in Hong Kong . No credit card required. Overview of key events: Company evolution including company history and key event [12] The company has strategy of upgrading or opening new facilities with better automation to counter the competitive pressure of rising wages. Esquel harnesses technology to transform its operations and commercialize its innovations. All rights reserved. Yang believes the most. Our report will get you access to elaborate information on the companys financial deal which will help you understand key deals. Registered in the State ofDelaware. Details: Hong Kong-based Changji Esquel Textile Co. Ltd, one of the companies placed on the U.S. entities list, is headquartered in Urumqi and is owned by Esquel Group. . 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. Founded in 1978, Esquel was privately owned by the Yang family and had become one of the world's largest cotton-based textile and apparel manufacturing companies, producing more than 100 million shirts annually since 2012. Morgan, Lewis & Bockius LLP. WeSuperseed created a heavily custom designed website layout. digitGaps custom research services are customer driven. [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. We typically pull content from a variety of sources including: Looking For Custom Company Research Report? When expanded it provides a list of search options that will switch the search inputs to match the current selection. Esquel Group is a family-owned textile and apparel company based in Hong Kong with operations throughout China, Vietnam and Sri Lanka, employing over 35,000 people worldwide. 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. {{ userNotificationState.getAlertCount('bell') }}. [3], Its head office is in Harbour Centre[zh] (), Wan Chai. 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 Phone: 852-2811-8077Fax: 852-2960-6988Address: 25 Harbour Rd., Harbour Center, Fl. Purchase this report to inform your strategy, marketing, planning, sales and competitor intelligence functions, thus enabling you to formulate strategies that augment your business. You can update your choices at any time in your settings. 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. Lorem ipsum dolor sit, amet consectetur adipisicing elit. Esquel Group Limited manufactures textiles and apparel. 4. Fairmont PD999--113. Financial and Economic Overview: Current financial and economic ratios consider past 5 years quarterly, semi-annual, annual financial statements Locations/Facilities: Contact details listing the key locations/facilities, subsidiaries of the company 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. 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. 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. Journalist coverage / News stories A recent ICC report highlights that there remains considerable possibilities for trade to play a more significant role in achieving the Paris Agreement targets . This report will also present the historical, current and projected merger and acquisitions, financial analysis, deals and alliances, partnerships and investments of the company, news, competitors, and key executives profiles. #Esquel #makingadifference #lunarnewyear, In Esquel, we promote the concept of "Fun People Serving Happy Customers" through trust and respect. Given Esquel's history, in which parts of the supply chain is the group's core where it has the deepest knowledge and expertise? #EsquelGroup #MakingaDifference #Integral #Sustainability #HKIAAnnualAwards #Guilin #SustainableDevelopmentGarden #rlp. Do we constantly move from one location to another chasing low cost labour? Otto Group Annual Report 2019/20. This ensures that all the latest information is captured to enable you to make informed decisions In seeking support for this Study, Civic Exchange aimed to work with organisations that have already taken positive steps towards sustainability so that these efforts could be examined and shared with a wider audience. Brand Strategy Brand Identity Storytelling Animation Illustration Website Design & Development. While producing this report, we have followed a standardized research methodology which assures our data quality and authenticity. Esquel Group Limited was founded in 1978 and is based in Wanchai, Hong Kong. 927 were here. Ideally, readers should be able to scan through the document and get the information they need. 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 . Accounting Mini-series. 25% OFF ON COMPANY REPORTS. Esquel Group | 11,811 followers on LinkedIn. Esquel Group | 13,195 followers on LinkedIn. Backed by over 40 years of experience, each business group adheres to our net zero pledge, and our commitment to our vision of Making a Difference through tackling climate change and narrowing the wealth gap. Otto Group Annual Report 2018/19. Note: Some sections of this report may be missing if the data is not available for the company. Popular questions Work from Home Group annual report - Risk and governance report PDF (5.11 MB) Group annual report - Annual financial statements PDF (4.71 MB) Group annual report - Remuneration report PDF (4.69 MB) Investec Group sustainability report PDF (11.79 MB) Investec Limited annual report . Its going to be a win-win situation if your incentives are going to be linked to productivity improvement.. Professionals, Investors, Researchers and Academician who are interested in gaining key information about Esquel Group Limited, this report is a crucial source to them. Corporate websites Analysis of prospects, locations and subsidiaries So if retailers mark-down 25% (or more) it can easily be the same as the cost of all the labour and the materials combined. This button displays the currently selected search type. Gain access to more than 1 million monopolized company profiles on a single platform Liked by Edgar Tung. If you think about a robotic arm as your hand, you also need a pair of eyes to try to assess the fabric position. 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. [4], The family owned business was founded in 1978 by family patriarch Yang Yuan-loong[zh]. 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. digitGaps provide you the detailed information on major recent deals. 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. 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. To make the data easily digestible, we created a range of visual icons in a minimalistic illustration style to represent the respective data points. Its efforts have also paid off with the company this month being ranked as having the second greenest textile supply chain in China, behind LeviStrauss and the fourth greenest across all sectors. Director, Derby Entrepreneurship Center @Tufts | Corporate Innovation Consultant | Keynote Speaker and Author, Senior Business Consultant at Organicoguru Lanka (Pvt) Ltd. Congratulations ! 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. #Esquel #makingadifference #45thanniversary #annualdinner, May the full moon bring you a joyful home and a successful future! 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. Were looking at the education level of our supervisors as a KPI that we need to constantly improve. Approximately 1,000 workers who agreed to resign have filed a legal case against the company with the labour authorities. When Assistant Tang Xiaofang wanted to use a new lean approach to set up a different hangtag production line at Esquel's accessories team in China, her 3,63 MB. This will be a major resource for our serious job seekers. Looking for a particular Esquel Group employee's phone or email? [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. 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.
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