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,. 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. 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. [2] Esquel supplies textile to companies such as Li Ning, ANTA Sports, Fila, Giordano, Muji. The firms vertically integrated operation starts in China where it oversees cotton farms. Koggala factory garment workers during a work stoppage in November 2021, Statement on the closure of two Sri Lankan factories amid severe financial crisis. Looking for a "Syndicated, Qualitative or Quantitative Market Research Solution? Thank you to all who joined us in celebrating the Chinese New Year. 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. Procurement & Business Strategy Director - Asia Pacific at Hallmark Cards. Key personnel information with biographies 13Hong Kong, Hong Kong 999077 Hong Kong. [12] The company has strategy of upgrading or opening new facilities with better automation to counter the competitive pressure of rising wages. Locations/Facilities: Contact details listing the key locations/facilities, subsidiaries of the company 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 Annual reports typically include information regarding its future . But what we are trying to do is link the productivity improvement with the net take-home pay of our workers. Esquel Group | 11,811 followers on LinkedIn. to allegations of forced labor. 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%.. There is a call for computer vision. digitGaps report on Esquel Group Limited delivers a detailed in-depth and comprehensive insights of the company, its history, corporate strategy, its businesses and structures, and company operations by examining its performance in local market and global economy. We are thrilled to announce that Integral, Esquels Sustainable Development Garden in Guilin has received the Merit Award outside Hong Kong (Industrial/ Transport/ Utility Building Category) at the HKIA Annual Awards 2019/20! All rights reserved. Its clientele include Abercrombie & Fitch, Jack & Jones, Gant, Hugo Boss, Lacoste, Ralph Lauren, Tommy Hilfiger, and Nautica. SDG 6: Ensure availability and sustainable management of water and sanitation for all. The farms supply spinning, dyeing and knitting facilities that produce high-quality cotton fabric. Detailed view of Business and Operations: Company description will give you detailed information regarding companys businesses, its divisions, and operations Esquel is also developing and nurturing two of its own retail brands of high quality shirts - PYE and DETERMINANT.. 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 [3], Its head office is in Harbour Centre[zh] (), Wan Chai. Esquel Group ( Chinese: ) is a Hong Kong-based textile and apparel manufacturer. 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. . 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. Note: Some sections of this report may be missing if the data is not available for the company. Enter employee name to find & verify emails, phones, social links, etc. #Esquel #makingadifference. Most of the times the information our customers are looking for is not readily available in an off-the-shelf market research publication. Secondary / Desk Research 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). [4], The family owned business was founded in 1978 by family patriarch Yang Yuan-loong[zh]. Set in the scenic landscape of Guilin, Integral is our Sustainable Development Garden that showcased our commitment to sustainability. Jul 06, 2021, 12:00 ET. Companies product/service/brand portfolio analysis 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 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. PDF. This button displays the currently selected search type. digitGaps Custom Research solution is tailored and optimized in a unique way to meet our customers specific needs. The case is still pending. Financial Reports. You will get an exact picture of companys core strengths and weaknesses. #Esquel #MakingADifference #lunarnewyear2023, We are the true agent of change. We promote their well-being and enable them to grow personally and professionally. 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. Esquel manufactures mor..See More, How to Use Plunkett Research Online-12 Minutes, By Using this Site You Agree to these Terms of Use. Outlook for Future Years. Morgan, Lewis & Bockius LLP. 4. The firms vertically integrated operation starts in China where it oversees cotton farms. Stay tuned to hear more from us! #Esquel #makingadifference #45thanniversary #annualdinner, May the full moon bring you a joyful home and a successful future! Data Sources: 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. 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. Do we constantly move from one location to another chasing low cost labour? 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. Teething issues such as inconsistent procedures and uneven cycle times per machine caused colleagues to grumble from the unstable workload. This button displays the currently selected search type. 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. Esquel operates two cotton ginning mills in Xinjiang and three spinning mills, where cotton is spun into yarn. The geographic presence in different regions can act as one of the major strength of the organisation. Once purchased, digitGaps client support team will deliver the report in PDF format. Colleagues showed their talents through stunning performances. 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 . digitGaps custom research services are customer driven. Download a "Company Intelligence" sample report. While producing this report, we have followed a standardized research methodology which assures our data quality and authenticity. #Esquel #MakingADifference #Lunarnewyear2023, Its great to meet our Esquelers after the holiday! Copyright 2023 Civic Exchange. People think workers are workers, that they sit in front of a sewing machine and generate a product. 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. on 2021 Annual Report. digitGaps company research reports are written by our qualified research team, a dedicated group of analysts who knows the industry inside and out. 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. ESOP. The workers union FTZ & GSEU and its allies in the CCC global network are calling on Esquel and on companies and brands that have or used to have a business relationship with Esquel Sri Lanka to ensure that the workers receive their full legal compensation and are offered reemployment opportunities by the new owners, orwith their other suppliers in Sri Lanka. 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. Some types of businesses must prepare and file an annual report by . At this point surely the recruitment team need to be fired? - Assisted in determining 2017 Flight CO2 Emissions to be contributed to the Annual CSER Report - Energy tracking to Robert Redford Conservancy to achieve ILFI ZNE Certification - Project Coordination work for Google: Bay View . 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. STANFORD CASE STUDY (ESQUEL GROUP) 1. #Esquel #MakingADifference #lunarnewyear2023, Spreading joy and good luck through Chinese calligraphy! Im amazed at how much information is available and the various ways to access it. 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. 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. Company Overview. Project Coordinator Social Alliance Communications Consultancy . 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. - Planning and developing merchandising strategies - Preparing quarterly sales report, buying and capacity analysis. For more details, please read the article here. ", Didn't find the company in our repository? Otto Group Annual Report 2021/22. Phone: 852-2811-8077Fax: 852-2960-6988Address: 25 Harbour Rd., Harbour Center, Fl. 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. Devote space to photographs, infographics and other compelling visual elements. Given Esquel's history, in which parts of the supply chain is the group's core where it has the deepest knowledge and expertise? 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. Esquel Group | 13,195 followers on LinkedIn. Moreover, data from free sources is not as complete and concise as the information from digitGaps, 5.1 digitGaps aggregate and package content from multiple, and disparate providers. 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. 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. In-depth analysis performed to produce this report will give you a clear and unbiased view of the companys strategy and growth prospects. Mergers and Acquisition/Deals & Alliances/ Partnerships & Investment: Information on historical, current/projected merger and acquisitions, deals, partnerships, alliances and investments 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. In addition, there will often be graphs or charts included, helping break down the financials into easily readable information. Other costs are raw materials (25%), processing (30%), overheads and back office (20%). 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. This button displays the currently selected search type. Even so, Ms. Tang stayed focused on her vision. Our company research profile will give you information on deals segmented by regions, year, business and type for a period of 5 years By way of explanation, he sets out some alarming numbers. Report. Esquel Group Limited manufactures textiles and apparel. Approximately 1,500 workers employed at two factories Koggala I and II - owned by Esquel Sri Lanka are facing imminent closure of their workplaces with no assurance that they will be reemployed when the factories are sold to another company. 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. When expanded it provides a list of search options that will switch the search inputs to match the current selection. Please wait while the search results are loading Esquel Group of Companies is one of the worlds largest producers of cotton shirts. Our Reports. Deals mentioned in our company research report will help you understand corporate strategy from the companys core business segment perspective 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. No credit card required. Esquel Group's Post . Esquel has a long history of union busting and discrimination against union activists. Over the years, Esquel has grown from a shirtmaker to a total solutions provider in textiles and apparel, a curator in industrial . Lorem ipsum dolor sit, amet consectetur adipisicing elit. This simple annual report template includes instructional text to assist you in building a good report. This report contains Esquel Group Limited company and market share data which will help you understand the detailed picture of company's financial position. Management Team: Names, Profiles, Information on key personnel managing the business, heading key departments and function with their employment history and executive biographies Ideally, readers should be able to scan through the document and get the information they need. Esquel offered its clients 1000 different fabrics annually The company made a substantial investment in innovations, to create new designs and fabric. 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. In Esquels case, it is definitely the latter. [3] Its head office is in Harbour Centre [ zh] (), Wan Chai. [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. Buying this report will assist you to gain key insights into the happenings around companies business and academic research Accounting Mini-series. And thats not including the social aspect, such as low wages and poor working conditions. Pay via Invoice/Credit Card/Debit Card/ACH/SEPA/Direct Debit or Bank Transfer. In-depth analysis performed to produce this report will give you a clear and unbiased view of the company's strategy and growth prospects. Many thanks to Lucy Cromwell and Jiwon Choi for kickstarting this fantastic opportunity and we look forward to making these reusable lunches more frequent! 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 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. 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. This annual report matches the Red and Black design set. In this one-hour discussion, Marjorie shared how we leverage our integrated supply chain to advance our vision of Making A Difference. Esquel Group May 2014 - Aug 2014 4 months. Professionals, Investors, Researchers and Academician who are interested in gaining key information about Esquel Group Limited, this report is a crucial source to them. The layout design reflected a traditional folder with the right side as navigation tabs for each of their Sustainability Pillar. Registered in the State ofDelaware. 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. digtiGaps 2018. Sign up for a free account. [2] Esquel supplies textile to companies such as Li Ning, ANTA Sports, Fila, Giordano, Muji. We had the privilege of working with them to revamp their annual Sustainability Report website. [11], Most of the company's manufacturing facilities are in China. With further communication and internal training, the team eventually saw a drastic boost to their production efficiency and performance. #Esquel#MakingADifference#Lunarnewyear2023, How should a firm go beyond financial measures to create a more environmentally sustainable and socially responsible future? 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. We had the privilege of working with them to revamp their annual Sustainability Report website. All our reports are not limited only to subscription models. Looking For Custom Company Research Report? 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. We empower Esquelers to make their decisions, unleash their potential, and build a positive and respectful working environment by adopting our #eCulture. Esquel is currently transforming its operations from the conventional methods by adopting lean manufacturing principles. This information contains a summary of each deal by type, rationale, and financials Company offerings: Details on a list of companys major products/services/brands Looking for a particular Esquel Group employee's phone or email? The company was also mentioned in a draft bill introduced in the House and . 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..
Advantages And Disadvantages Of Primary Health Care, Chuck Bryant Wife, Chris Watts Carrying Out Bodies, Guntersville High School Basketball, Geoffrey Lewis Children, Articles E