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. Esquel Group Sues Department Of Commerce Over Erroneous Inclusion On U The jury of the Awards praised Integral for its efforts to minimize impact on the natural surroundings and context and believed that the quality of Integrals internal working environment has set a high industry standard. Financial Year 2021-22. Looking to the future, however, is when the companyreally raises the bar on sustainability. Buying this report will assist you to gain key insights into the happenings around companies business and academic research WASHINGTON, July 6, 2021 /PRNewswire/ -- Today, Esquel Group, the Hong Kong -based textile and apparel manufacturer, has filed a lawsuit in the United States . I hope to see it one day when it is safe to travel again. NN Group published 2021 Annual Report 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. US judge rejects Esquel Group's request to remove Xinjiang unit from Defects dropped to almost zero while the compact U-shaped layout of the production line shortened the handling distance of a work piece from 240 meters to 5 meters, and overall production time was slashed from 6.4 days to 3.5 days. Enter employee name to find & verify emails, phones, social links, etc. 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 company had requested permission from the Commissioner General of Labour to terminate the workers' contracts. Also tapping into its future vision is research and development into automation, because now the development of technology has got to a point where its much cheaper to replace some of the manual work by automation and robots., On our factory floor you will see a lot of robotic arms in operation; you will see drones, automatic guided vehicles, and one worker simultaneously working on a few machines, easily improving the productivity of workers by two or three times.. [2] Esquel supplies textile to companies such as Li Ning, ANTA Sports, Fila, Giordano, Muji. Otto Group Annual Report 2020/21. 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. Margie Yang on LinkedIn: More good news | 19 comments The websites front & backend also needed to be easily updated on a yearly basis. Liked by Edgar Tung. 3Q: Esquel Group - Making Impact Through Innovation Responsible Labor Report: 2022-2023 | Morgan Lewis - JDSupra [4] Bridging the gap in sustainable trade & finance 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. 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 Enterprises Limited | HKTDC Sourcing Sign up for a free account. The farms supply spinning, dyeing and knitting facilities that produce high-quality cotton fabric. Esquel Group's goal is to. An annual report is a corporate document disseminated to shareholders that spells out the company's financial condition and operations over the previous year. Jul 06, 2021, 12:00 ET. Also part of Esquels vision going forward is that the amount of direct labour will be significantly reduced, replaced by a group of skilled technicians with better education, better ability to interact with machines, and a better understanding of quality. Over the years, Esquel has grown from a shirtmaker to a total solutions provider in textiles and apparel, a curator in industrial . Thanks for the opportunity for us to showcase our Esquel story. It will enhance your understanding of internal and external factors which might impact your industry The numbers show why. This button displays the currently selected search type. 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. PDF. Popular questions Work from Home Financial Reports. Esquel is also developing and nurturing two of its own retail brands of high quality shirts - PYE and DETERMINANT.. 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.. This button displays the currently selected search type. Esquel Group May 2014 - Aug 2014 4 months. All pre-sales and post-sales queries are addressed by our analyst Share your feedback. 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 #makingadifference #45thanniversary #annualdinner, May the full moon bring you a joyful home and a successful future! Please wait while the search results are loading Esquel Group of Companies is one of the worlds largest producers of cotton shirts. Esquel Group's supply chain was first linked to Xinjiang in a May 2019 Wall Street Journal report. A Chinese New Year Party was held yesterday for all of us to meet and greet. Wendy Stotts, Manager, Carlson Companies-Information Center. Overview of key events: Company evolution including company history and key event But its focus is not on the cost of this labour, rather the productivity they can generate. All our reports are not limited only to subscription models. Esquel Group has an estimated 201 employees and an estimated annual revenue o. Annual reports typically include information regarding its future . Esquel Group sues US over unit's inclusion on 'entity list', as company Challenges and threats from current competition and future prospects so that you can understand your competitors business structure and strategies and respond to them Congrats Margie to you and your Esquel team, and to Ronald as well! Independent Consultant with significant experience in the Emerging Markets of Sub- Saharan Africa and Asia. So if you can use less time, generate higher output, we are going to give you more money. 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. Tessie was invited as the keynote speaker to share how the transformation of the textile industry connects closely with sustainable development. 9.4.The inability of Jamaica to adequately control corruption as shown in Fig. Morgan, Lewis & Bockius LLP. So proud to be an ex Esqualler . What is an Annual Report? | LegalZoom 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. 5,53 MB. 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.. Koggala factory garment workers during a work stoppage in November 2021, Statement on the closure of two Sri Lankan factories amid severe financial crisis. Offering the education necessary to elevate these skills is also something Esquel has taken on board. Our company profiles assist you to formulate strategic analysis in order to understand your customers, partners, and competitors, enabling you amplify your business better. 6,10 MB. This analysis will help you track important events of the company Few companies have taken that sentiment to heart more than the Esquel Group, a vertically integrated multi-national textile manufacturing company based in Hong Kong. [4], The family owned business was founded in 1978 by family patriarch Yang Yuan-loong[zh]. Locations/Facilities: Contact details listing the key locations/facilities, subsidiaries of the company 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. Integral was also selected as a finalist for the Special Architectural Award (Architectural Sustainability Category). Our Reports. [5] The opening of China that year had according to one of Yang's daughters led to the decision to establish the company. Esquel Sri Lanka operates two additional facilities, Ekala and Kegalle. Esquel Group recruited more than 150 college graduates, having engineering background, to the mangineer programme in 2015. 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. 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. Esquel Group case study .docx - STANFORD CASE STUDY (ESQUEL 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. From there, we created the first natural dye garden in China. #Esquel #makingadifference. Esquel Group's headquarters is located in London, England, GB W1U 3RF. Esquel Group Limited was founded in 1978 and is based in Wanchai, Hong Kong. Devote space to photographs, infographics and other compelling visual elements. If you think about a robotic arm as your hand, you also need a pair of eyes to try to assess the fabric position. Professionals, Investors, Researchers and Academician who are interested in gaining key information about Esquel Group Limited, this report is a crucial source to them. 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. Do we constantly move from one location to another chasing low cost labour? You can avail the reports as per your needs At this point surely the recruitment team need to be fired? Also, it will help you qualify prospective partners, affiliates or suppliers Our annual dinner in Hong Kong was successfully held last Saturday. Esquel Group - SourceWatch It was not until legislation was. But crucially, the company is also moving the goalposts on the traditional way of thinking about issues such as labour costs. Deals mentioned in our company research report will help you understand corporate strategy from the companys core business segment perspective Im amazed at how much information is available and the various ways to access it. Its products include cotton, yarn, cotton yarn dyed woven fabric, and knit fabric such as piece dyed, yarn dyed, and heather. Elton PD001--1463 Finally, the visual style needed to be aesthetically uniform with the Esquel Group & Esquel Sustainability brand. #EsquelGroup #MakingaDifference #Integral #Sustainability #HKIAAnnualAwards #Guilin #SustainableDevelopmentGarden #rlp. Its going to be a win-win situation if your incentives are going to be linked to productivity improvement.. Select Accept to consent or Reject to decline non-essential cookies for this use. Responsible Labor Report: 2022-2023 - Lexology Primary research via qualitative and quantitative research This information contains a summary of each deal by type, rationale, and financials 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. Esquel Group ( Chinese: ) is a Hong Kong-based textile and apparel manufacturer. Departments of Commerce, State, Defense, Energy, and Treasury. 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. 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. People | Esquel Group Understanding the companys business segment expansion or their asset divestment That ruling remains pending. This is essentially improving the quality of employment; people nowadays talk about a work-life balance, they dont want to work on a factory floor all the time. It is our honor to have received the "Top 10 Happiest Company to Work for Award" and the "CHO People Transformation Award" in the #CHOAppreciationAwards2022. Companies product/service/brand portfolio analysis Crocs, Inc. proudly reported record annual revenues of $3.6 billion, growing 54 percent over 2021. Otto Group Annual Report 2019/20. In-depth analysis performed to produce this report will give you a clear and unbiased view of the company's strategy and growth prospects. Ideally, readers should be able to scan through the document and get the information they need. The firm's vertically integrated operation starts in China where it oversees cotton farms. 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. 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. Right from company SWOT analysis, financial insights to merger and acquisitions/deals details are available in our single report Esquel is a manufacturer and supplier of apparels for men and women. Esquel - From making shirts to making a difference - Just Style Up to 5 Lorem ipsum dolor sit amet consectetur adipisicing elit. digitGaps is presenting this report to you to understand companys key strengths, weaknesses, potential opportunities, and threats. When expanded it provides a list of search options that will switch the search inputs to match the current selection. 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. Lets kick start our work at full strength! The Clothing Manufacturer Service. Should this video be a part of your PLM Materials Library in addition to the U3M file? digitGaps company research reports are written by our qualified research team, a dedicated group of analysts who knows the industry inside and out. Esquel Group information 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. Accounting Mini-series. digitGaps custom research services are customer driven. [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. . 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). With further communication and internal training, the team eventually saw a drastic boost to their production efficiency and performance. The data may be indicating institutional weaknesses in Jamaica as expressed by Duncan-Waite, and Woolcock has contributed to the political instability as seen in Fig. on 2021 Annual Report. 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! #Esquel #integral #makingadifference #greentextiles #innovation #technology, Our annual dinner in Hong Kong was successfully held last Saturday. View a snaphot of our 2021 Annual. 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. 25% OFF ON COMPANY REPORTS. Esquel Group of Companies - Plunkett Research, Ltd. Instead, we are actually giving mandates to our factory general managers to try to increase the salary or our workers, rather than reduce the salary. Legal Structure and Ownership: Synopsis on companys shareholders outlining the legal structure and ownership I really appreciate the depth you were able to get to so quickly (for our project). The carbon footprint analyses of our proprietary assets and the EU Taxonomy disclosures have been incorporated in the Annual Report as of this year. Plunkett Research Online provides a great one stop shop for us to quickly come up to speed on major industries. free lookups / month. Esquel Expands Capabilities to Ensure Better Quality 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%.. Data Sources: We promote their well-being and enable them to grow personally and professionally. Esquel Group - 14845 Words | Studymode There is a call for computer vision. 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. ESQUEL GROUP SUSTAINABILITY UPDATE 2020 - United Nations Global Compact Even so, Ms. Tang stayed focused on her vision. It is the world's largest woven shirt maker, producing about 100 million shirts annually. 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. Narrative Summary ESQUEL.docx - Esquel (Mauritius) Ltd is a SWOT Analysis: Company information detailing strengths, weaknesses, opportunities, threats, growth strategies, investments signal key strategic targets, challenges, and objectives Esquel Group Integrating Business Strategy and Corporate - Case48 Colleagues showed their talents through stunning performances. PDF Responsible Labor Report: 2022-2023 - morganlewis.com 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. Great team work & great achievements. ", Didn't find the company in our repository? Workers suspect that the factories will be reopened with new owners, but fear that union members and supporters will not be rehired.