Challenges and threats from current competition and future prospects so that you can understand your competitors business structure and strategies and respond to them Once purchased, digitGaps client support team will deliver the report in PDF format. The financial ratios available in our reports also include revenue trends, growth, profitability, margins, and returns, financial position, liquidity and leverage and efficiency ratios [4] Professionals, Investors, Researchers and Academician who are interested in gaining key information about Esquel Group Limited, this report is a crucial source to them. When Assistant Tang Xiaofang wanted to use a new lean approach to set up a different hangtag production line at Esquels accessories team in China, her colleagues shared their doubts, such as Why do we have to change how weve always worked? Yet, Ms. Tang remained undeterred, as she recognized how striving towards a lean continuous flow in production would bring about Excellence one of Esquels eCulture principles. The more that an organisation is prepared to try new ways of doing things, the more likely it is that the organisation will find practical alternatives. 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 Group Limited was founded in 1978 and is based in Wanchai, Hong Kong. That ruling remains pending. Congrats Margie to you and your Esquel team, and to Ronald as well! digitGaps is presenting this report to you to understand companys key strengths, weaknesses, potential opportunities, and threats. Legal Structure and Ownership: Synopsis on companys shareholders outlining the legal structure and ownership Esquel has a long history of union busting and discrimination against union activists. Lets take the opportunity to explore the beauty of Integral through this Chinese New Year greetings series. 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. They will also be responsible for calibrating the machines like a technician.. We promote their well-being and enable them to grow personally and professionally. This analysis will help you track important events of the company PDF. The approximately 2,000 workers at these facilities also face unsure futures as both leases run out by end of this year. [11], Most of the company's manufacturing facilities are in China. Esquel Group's Post . Were looking at the education level of our supervisors as a KPI that we need to constantly improve. to allegations of forced labor. 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. #EsquelGroup #MakingaDifference #Integral #Sustainability #HKIAAnnualAwards #Guilin #SustainableDevelopmentGarden #rlp. All our reports come with 10% customization at no extra cost Procurement & Business Strategy Director - Asia Pacific at Hallmark Cards. Esquel Group recruited more than 150 college graduates, having engineering background, to the mangineer programme in 2015. 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. #reusablepackaging #sustainability #plasticwaste #food, Director (Legal Recruitment) at Okumura Partners Limited. Congratulations Tessie and Bryant! Esquel offered its clients 1000 different fabrics annually The company made a substantial investment in innovations, to create new designs and fabric. Our annual dinner in Hong Kong was successfully held last Saturday. Liked by Edgar Tung. 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 #Esquel #integral #makingadifference #greentextiles #innovation #technology, Our annual dinner in Hong Kong was successfully held last Saturday. Most of the times the information our customers are looking for is not readily available in an off-the-shelf market research publication. director at Opulent Textiles Corp Sdn Bhd. 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 . Esquel's Commitment to Xinjiang As a knowledge-based innovation company, Esquel Group operates through our distinct business groups. But what we are trying to do is link the productivity improvement with the net take-home pay of our workers. 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). A. Analysis of prospects, locations and subsidiaries #Esquel #makingadifference #45thanniversary #annualdinner, A fun little demonstration of using digital trims from JML Apparel using Style3D that I did a few months ago. 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. Colleagues showed their talents through stunning performances. 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. Copyright 2023 Civic Exchange. NN Group's Annual Report is available for download at www.nn-group.com/annual-report. Yang believes the most. Our company profiles assist you to formulate strategic analysis in order to understand your customers, partners, and competitors, enabling you amplify your business better. Hong Kong-based textile and apparel giant Esquel Group 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 to retail. We provide you detailed insights of the companys strategic, financial and operational performance The case is still pending. Esquel Group | 13,195 followers on LinkedIn. Management Team: Names, Profiles, Information on key personnel managing the business, heading key departments and function with their employment history and executive biographies 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. 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. [3] Its head office is in Harbour Centre [ zh] (), Wan Chai. Analyst research Keep the text short and simple. Entering a new mode of production was challenging, but I felt driven to excel in it, Ms. Tang said. In addition, there will often be graphs or charts included, helping break down the financials into easily readable information. 9.4.The inability of Jamaica to adequately control corruption as shown in Fig. 4. What are the stages of the supply chain (value system) in which Esuqel operates (see Exhibit 5) What are the top 1 or 2 competencies would you need in each to be successful? 13,192 followers 1w Report this . Well done! #Esquel #MakingADifference #lunarnewyear2023, Spreading joy and good luck through Chinese calligraphy! Your leadership and example in helping to protect our environment while creating a space for the public to relax and appreciate mother nature is commendable. Locations/Facilities: Contact details listing the key locations/facilities, subsidiaries of the company Download a "Company Intelligence" sample report. 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.. Esquel is a manufacturer and supplier of apparels for men and women. USE THE COUPON CODE AT THE CART OR CHECKOUT PAGE. Congratulations Margie to you and your team on this well-deserved recognition. Esquel is doing everything they can to close their facilities without paying workers in full, and to punish the unionized workers in the process. We had the privilege of working with them to revamp their annual Sustainability Report website. Lorem ipsum dolor sit, amet consectetur adipisicing elit. The farms supply spinning, dyeing and knitting facilities that produce high-quality cotton fabric. This process has been going on for over 1.5 years, and now is the time for all the other actors engaged to step up and make sure an agreement is negotiated with the FTZ-GSEU, says Ineke Zeldenrust, Clean Clothes Campaign International Coordinator. View full 2021 Annual Report. Founded in 1978, Esquel Group has pursued growth over the years in line with its vision of Making a Difference, which guides its development toward two goals - tackling climate change and narrowing the wealth gap. Lorem ipsum dolor sit amet consectetur adipisicing elit. The company had requested permission from the Commissioner General of Labour to terminate the workers contracts. Pay via Invoice/Credit Card/Debit Card/ACH/SEPA/Direct Debit or Bank Transfer. It includes their financial performance and activities over the prior fiscal year. This report provides a case study of The Esquel Group (EG), a prominent, Hong Kong-based textiles and garments manufacturer. You can update your choices at any time in your settings. 25% OFF ON COMPANY REPORTS. 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. 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 is a knowledge-based innovation company that continuously pushes for positive change in the textile and apparel business,. 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. Brand Strategy Brand Identity Storytelling Animation Illustration Website Design & Development. If your company is interested in trying this out - please reach out! 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. We provide quality employment and improve the livelihood of the communities in which we operate. 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. 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. At this point surely the recruitment team need to be fired? When expanded it provides a list of search options that will switch the search inputs to match the current selection. Some types of businesses must prepare and file an annual report by . Annual reports . Sign up for a free account. In this one-hour discussion, Marjorie shared how we leverage our integrated supply chain to advance our vision of Making A Difference. It was not until legislation was. At the same time, a new approach helped establish trusting relationships with the customers due to the satisfaction of their needs and wants. #Esquel #makingadifference. A special showcase is Integral, our sustainable development garden in Guilin. Phone: 852-2811-8077Fax: 852-2960-6988Address: 25 Harbour Rd., Harbour Center, Fl. Colleagues showed their talents through stunning performances. Understanding the companys business segment expansion or their asset divestment Company share by region and sector, and company structure Do you think this impacts the way the group is . Esquel Group is one of the few large textile manufacturing groups to do so. View our 2022 Interim Report. Annual reports typically include information regarding its future . While producing this report, we have followed a standardized research methodology which assures our data quality and authenticity. Finally, the visual style needed to be aesthetically uniform with the Esquel Group & Esquel Sustainability brand. Esquel had made a name for itself by making high-quality cotton Independent Consultant with significant experience in the Emerging Markets of Sub- Saharan Africa and Asia. (business & personal). Looking to the future, however, is when the companyreally raises the bar on sustainability. But Yang says making a difference is as key as making profits. 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. I really appreciate the depth you were able to get to so quickly (for our project). But its focus is not on the cost of this labour, rather the productivity they can generate. ", Didn't find the company in our repository? Looking for a particular Esquel Group employee's phone or email? [5] The opening of China that year had according to one of Yang's daughters led to the decision to establish the company. Its clientele include Abercrombie & Fitch, Jack & Jones, Gant, Hugo Boss, Lacoste, Ralph Lauren, Tommy Hilfiger, and Nautica. 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. Looking for a particular Esquel Group employee's phone or email? 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. Esquel manufactures mor..See More, How to Use Plunkett Research Online-12 Minutes, By Using this Site You Agree to these Terms of Use. 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). 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. Company Headcount: List of key employees as well as the headcount of the company, hierarchy With further communication and internal training, the team eventually saw a drastic boost to their production efficiency and performance. 3,63 MB. View or download our Annual Report 2021-22, along with previous years reports showing our financial performance over the past 18 years. Tammy Dalton, National Account Manager, MCI, Tammy Dalton. Its products include cotton, yarn, cotton yarn dyed woven fabric, and knit fabric such as piece dyed, yarn dyed, and heather. 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. Financial and Economic Overview: Current financial and economic ratios consider past 5 years quarterly, semi-annual, annual financial statements This will be a major resource for our serious job seekers. Latest Update: High and low-level overview, current news and information, due diligence on business practice, and business partners. Given Esquel's history, in which parts of the supply chain is the group's core where it has the deepest knowledge and expertise? Detailed view of Business and Operations: Company description will give you detailed information regarding companys businesses, its divisions, and operations 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 . This report contains Esquel Group Limited company and market share data which will help you understand the detailed picture of company's financial position. Or do we have other ways of looking at the bigger picture? Tungasked. document.getElementById( "ak_js_1" ).setAttribute( "value", ( new Date() ).getTime() ); Hong Kong's independent public policy think tank. So proud to be an ex Esqualler . 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. 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 Set in the scenic landscape of Guilin, Integral is our Sustainable Development Garden that showcased our commitment to sustainability. The company also has its own retail brands PYE and Determinant. This is also a very hot area we are investing in.. Jul 06, 2021, 12:00 ET. Financial Year 2021-22. This report contains Esquel Group Limited company and market share data which will help you understand the detailed picture of companys financial position. 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 . 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. Annual Report View In PDF DIGITAL VERSION. Responsible Labor Report: 2022-2023 Franco Corrado, Jessica Gordon, Xavier Haranger, Katelyn Hilferty, Sabine Konrad, Todd Liao, K Lesli Ligorner, Sandra Moser, David Plotinsky, Carl Valenstein,. 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. A Chinese New Year Party was held yesterday for all of us to meet and greet. SDG 6: Ensure availability and sustainable management of water and sanitation for all. STANFORD CASE STUDY (ESQUEL GROUP) 1. [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. This button displays the currently selected search type. The more I get into the database, the happier I am that well have itREALLY happy!!! I am very impressed, I have to say! This button displays the currently selected search type. digitGaps custom research services are customer driven. Need a customized "Company Intelligence" or "Industry Research" report?