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I really appreciate the depth you were able to get to so quickly (for our project). 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. Accounting Mini-series. 7. Esquel Group (Chinese: ) is a Hong Kong-based textile and apparel manufacturer. 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. {{ userNotificationState.getAlertCount('bell') }}. 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. We provide quality employment and improve the livelihood of the communities in which we operate. Our report is a guide for you to get potential investments and acquisition targets. 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. 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. Following our feature video from Guilin, Edgar Tung, incoming CEO of Esquel Group, announced Esquel's Pledge to Net Zero. 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. At Esquel, we prioritize investment in the growth and well-being of our employees. [3] Its head office is in Harbour Centre [ zh] (), Wan Chai. All rights reserved. On this Wikipedia the language links are at the top of the page across from the article title. We are not trying to drive purely the input, we are trying to measure the output in order to create a workforce that is more sustainable.. Esquel is currently transforming its operations from the conventional methods by adopting lean manufacturing principles. The company's operations are vertically integrated, from producing cotton, buttons, and packaging to design and manufacturing. Please wait while the search results are loading Esquel Group of Companies is one of the worlds largest producers of cotton shirts. Were looking at the education level of our supervisors as a KPI that we need to constantly improve. We promote their well-being and enable them to grow personally and professionally. Esquel (Mauritius) Ltd has a manpower of 2710 comprising of both local and foreign employees from Bangladesh, Madagascar, Nepalese, Sri Lankans, Malaysians and Indian. The firm's vertically integrated operation starts in China where it oversees cotton farms. From there, we created the first natural dye garden in China. Deals mentioned in our company research report will help you understand corporate strategy from the companys core business segment perspective Annual report (Red and Black design) Use this annual report template to create a report for your business. No credit card required. TER, un acronyme d'actualit quand nos consciences nous appellent prserver la . Esquel Group's Post . The financial ratios available in our reports also include revenue trends, growth, profitability, margins, and returns, financial position, liquidity and leverage and efficiency ratios The more I get into the database, the happier I am that well have itREALLY happy!!! The company also has its own retail brands PYE and Determinant. [4] #Esquel #makingadifference. 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. This annual report matches the Red and Black design set. 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 Annual reports 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. PDF. #Esquel #makingadifference #lunarnewyear, In Esquel, we promote the concept of "Fun People Serving Happy Customers" through trust and respect. An annual report is a document that contains comprehensive financial information about public companies, small and large corporations, non-profit organizations, partnerships, and other businesses. Our company profiles cover most of the major public and private companies globally, 4.1 Buying this report will enable you to get detailed company information and its operations including: Colleagues showed their talents through stunning performances. In addition, there will often be graphs or charts included, helping break down the financials into easily readable information. Esquel Group's supply chain was first linked to Xinjiang in a May 2019 Wall Street Journal 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. 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. document.getElementById( "ak_js_1" ).setAttribute( "value", ( new Date() ).getTime() ); Hong Kong's independent public policy think tank. Guilin, Guangxi, China - Researched energy-conscious initiatives to be . [9][10] Several weeks later, Esquel resumed its lawsuit after failing to reach an agreement with the U.S. Commerce Department regarding the timetable for removal and the specifics of the conditions for removal. The Esquel Group, a Hong Kong -based textile and a pparel manufacturer, sued the US Department of Commerce to secure relief from the "economic and reputational harms" caused by the listing, but a US federal judge refused to lift the trade restrictions. Strengths of Esquel Group Integrating Business Strategy and Corporate Social Responsibility is the first element of the SWOT matrix. This report contains Esquel Group Limited company and market share data which will help you understand the detailed picture of companys financial position. 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. WeSuperseed created a heavily custom designed website layout. Looking at the ex-factory unit cost of a piece of apparel (across the entire supply chain, including spinning, weaving, knitting, dyeing), labour accounts for only 25%. We are also engaging with external academic institutions and trying to sponsor our workers and supervisors to go for diploma education so the amount of our workforce who are better educated has now improved significantly.. There was an inspiring and insightful session shared by Marjorie, our Chairman, in her discussion with Professor Christopher Tang, Faculty Director of UCLA Anderson School of Management, and Professor Heiwai Tang, Director of Hong Kong Universitys Asia Global Institutes. 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.. While producing this report, we have followed a standardized research methodology which assures our data quality and authenticity. 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. ESOP. Esquel Group ( Chinese: ) is a Hong Kong-based textile and apparel manufacturer. View our 2022 Interim Report. . Director, Derby Entrepreneurship Center @Tufts | Corporate Innovation Consultant | Keynote Speaker and Author, Senior Business Consultant at Organicoguru Lanka (Pvt) Ltd. Congratulations ! 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. With further communication and internal training, the team eventually saw a drastic boost to their production efficiency and performance. 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. [3], Its head office is in Harbour Centre[zh] (), Wan Chai. Given Esquel's history, in which parts of the supply chain is the group's core where it has the deepest knowledge and expertise? In this one-hour discussion, Marjorie shared how we leverage our integrated supply chain to advance our vision of Making A Difference. Founded in 1978, Esquel Group has grown to become one of the largest cotton-shirt maker and exporter in the world. 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. 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. 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. View a snaphot of our 2021 Annual. Company Headcount: List of key employees as well as the headcount of the company, hierarchy Esquel is a knowledge-based innovation company that continuously pushes for positive change in the textile and apparel business,. Many of these workers have been employed by Esquel for decades. Press release. million verified professionals across 35 million companies. NN Group's Annual Report is available for download at www.nn-group.com/annual-report. Note: Some sections of this report may be missing if the data is not available for the company. The numbers show why. As a knowledge-based innovation company, we believe our employees are our greatest assets. We provide you detailed insights of the companys strategic, financial and operational performance 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. Our company profiles assist you to formulate strategic analysis in order to understand your customers, partners, and competitors, enabling you amplify your business better. - Planning and developing merchandising strategies - Preparing quarterly sales report, buying and capacity analysis. digitGaps company research reports are written by our qualified research team, a dedicated group of analysts who knows the industry inside and out. Esquel operates two cotton ginning mills in Xinjiang and three spinning mills, where cotton is spun into yarn. 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. Well done! Esquel Group is one of the few large textile manufacturing groups to do so. [8] In August 2021, Esquel was removed, with conditions, from the Entity List by the inter-agency End-User Review Committee, which is composed of representatives from the U.S. #Esquel #makingadifference #45thanniversary #annualdinner, May the full moon bring you a joyful home and a successful future! 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 Group Jul 2012 - Sep 2015 3 years 3 months. Finally, the visual style needed to be aesthetically uniform with the Esquel Group & Esquel Sustainability brand. The case is still pending. Yang believes the most. This button displays the currently selected search type. Brand Strategy Brand Identity Storytelling Animation Illustration Website Design & Development. 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. 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,. You will get an exact picture of companys core strengths and weaknesses. 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. digitGaps Custom Research solution is tailored and optimized in a unique way to meet our customers specific needs. You can update your choices at any time in your settings. Need a customized "Company Intelligence" or "Industry Research" report? Sign up for a free account. Tessie was invited as the keynote speaker to share how the transformation of the textile industry connects closely with sustainable development. Our office complex in Integral reimagined workspace built for teamwork and productivity. If your company is interested in trying this out - please reach out! On-demand/custom research company analysis request can also be availed SDG 8: Promote sustained, inclusive and sustainable economic growth, full and productive employment and decent work for all. Esquel Group | 11,811 followers on LinkedIn. Esquel had made a name for itself by making high-quality cotton 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. Request Custom Company Research Report Here: https://digitgaps.com/custom-research/. Since then, the companies have been doing subcontracting for local manufacturers. Keep the text short and simple. [2] Esquel supplies textile to companies such as Li Ning, ANTA Sports, Fila, Giordano, Muji. 6,10 MB. An annual report is a corporate document disseminated to shareholders that spells out the company's financial condition and operations over the previous year. This button displays the currently selected search type. - 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 . Looking to the future, however, is when the companyreally raises the bar on sustainability. Key personnel information with biographies 3,63 MB. 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. 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). It includes their financial performance and activities over the prior fiscal year. Great team work & great achievements. This analysis will help you track important events of the company We strive to achieve One Esquel One Team through our happiness culture! Major deals are incorporated such as break of deals into categories and information which will assist your business research, 5. 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. #Esquel#MakingADifference#Lunarnewyear2023, How should a firm go beyond financial measures to create a more environmentally sustainable and socially responsible future? Legal Structure and Ownership: Synopsis on companys shareholders outlining the legal structure and ownership It will let you stay up to date on current happenings and major developments in order to capitalize on your competitors weaknesses Civic Exchange is a company with limited liability and a registered charity in Hong Kong. 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. 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. Morgan, Lewis & Bockius LLP. Annual Report. 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. Do we constantly move from one location to another chasing low cost labour? She believed that switching to lean production was the right response to rapid market changes, to achieve quality and agility.