Once purchased, digitGaps client support team will deliver the report in PDF format. They will also be responsible for calibrating the machines like a technician.. Since then, the companies have been doing subcontracting for local manufacturers. Company Headcount: List of key employees as well as the headcount of the company, hierarchy 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. 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. Esquel's vertically-integrated operations, extended from cottonseeds to shirts, ensure the highest quality in every step of the apparel manufacturing process. Civic Exchange is a company with limited liability and a registered charity in Hong Kong. Esquel Group Jul 2012 - Sep 2015 3 years 3 months. Were looking at the education level of our supervisors as a KPI that we need to constantly improve. document.getElementById( "ak_js_1" ).setAttribute( "value", ( new Date() ).getTime() ); Hong Kong's independent public policy think tank. 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. Primary research via qualitative and quantitative research If you think about a robotic arm as your hand, you also need a pair of eyes to try to assess the fabric position. [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. 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. Otto Group Annual Report 2019/20. Thanks for the opportunity for us to showcase our Esquel story. This button displays the currently selected search type. 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. Colleagues showed their talents through stunning performances. PDF. on 2021 Annual Report. I am very impressed, I have to say! The Clothing Manufacturer Service. Looking For Custom Company Research Report? Legal Structure and Ownership: Synopsis on companys shareholders outlining the legal structure and ownership Analyst research 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. Over the years, Esquel has grown from a shirtmaker to a total solutions provider in textiles and apparel, a curator in industrial . The rating from the Corporate Information Transparency Index (CITI) evaluates the environmental performance of international brands selling and sourcing in China, with the ultimate goal of guiding consumers into making green choices. Devote space to photographs, infographics and other compelling visual elements. NN Group's Annual Report is available for download at www.nn-group.com/annual-report. 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 . Download a "Company Intelligence" sample report. This report will provide you strategic intelligence category and opportunities for growth as well as global and regional market position free lookups / month. 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.. One year down the road this app has been used 16,936 times and has saved over 128,000 km travelled, 12,871 litres of gas and 29.6 tons of carbon dioxide emissions. This report provides a case study of The Esquel Group (EG), a prominent, Hong Kong-based textiles and garments manufacturer. In the first place, Esquel improved the quality of the provided services and products, as a new IT solution made reporting easier and faster. 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. 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. The numbers show why. 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. The company had requested permission from the Commissioner General of Labour to terminate the workers' contracts. The company also has its own retail brands PYE and Determinant. - 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 . Following our feature video from Guilin, Edgar Tung, incoming CEO of Esquel Group, announced Esquel's Pledge to Net Zero. World-leading textile and apparel manufacturer producing premium cotton shirts for some of the world's most renowned brands. The financial ratios available in our reports also include revenue trends, growth, profitability, margins, and returns, financial position, liquidity and leverage and efficiency ratios Esquel Group | 11,811 followers on LinkedIn. 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. Fond memories remain of my time in Hong Kong . The company also manufactures and retails mens and ladies dress shirts, sport shirts, and woven and knitted tops; accessories that includes buttons, labels, and handtags; and packaging materials such as plastic and paper bags, stickers, and carton boxes. Annual Report View In PDF DIGITAL VERSION. From there, we created the first natural dye garden in China. Plunkett Research Online provides a great one stop shop for us to quickly come up to speed on major industries. Buying this report will assist you to gain key insights into the happenings around companies business and academic research Lets take the opportunity to explore the beauty of Integral through this Chinese New Year greetings series. #Esquel #makingadifference #45thanniversary #annualdinner, A fun little demonstration of using digital trims from JML Apparel using Style3D that I did a few months ago. Copyright 2023 Civic Exchange. This analysis will help you track important events of the company Annual Report. All pre-sales and post-sales queries are addressed by our analyst 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. So if you can use less time, generate higher output, we are going to give you more money. #Esquel #MakingADifference #lunarnewyear2023, Leaping into the Year of the Rabbit, we wish you a wonderful new year. Press release. SDG 6: Ensure availability and sustainable management of water and sanitation for all. SWOT Analysis: Company information detailing strengths, weaknesses, opportunities, threats, growth strategies, investments signal key strategic targets, challenges, and objectives Ideally, readers should be able to scan through the document and get the information they need. 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 . director at Opulent Textiles Corp Sdn Bhd. When expanded it provides a list of search options that will switch the search inputs to match the current selection. SDG 8: Promote sustained, inclusive and sustainable economic growth, full and productive employment and decent work for all. A special showcase is Integral, our sustainable development garden in Guilin. [2] Esquel supplies textile to companies such as Li Ning, ANTA Sports, Fila, Giordano, Muji. Key personnel information with biographies 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. Project Coordinator Social Alliance Communications Consultancy . As strong advocates of sustainability, we love seeing large corporations taking responsibility to ensure their business is as sustainable as possible. To view this article you need a PDF viewer such as Adobe Reader . In addition, there will often be graphs or charts included, helping break down the financials into easily readable information. 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. Esquel had made a name for itself by making high-quality cotton Fairmont PD001--552. This will be a major resource for our serious job seekers. The two Koggala factories have been non-operational since 15 March. 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. We strive to achieve One Esquel One Team through our happiness culture! 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. We are especially trying to push Plunketts since all of our students have to do so much industry research and your interface is so easy to use. Esquel Sri Lanka operates two additional facilities, Ekala and Kegalle. 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. You might think this is counter-intuitive, because if you increase the cost you are not earning as much. At this point surely the recruitment team need to be fired? 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,. {{ userNotificationState.getAlertCount('bell') }}. 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? With further communication and internal training, the team eventually saw a drastic boost to their production efficiency and performance. The company had requested permission from the Commissioner General of Labour to terminate the workers contracts. The websites front & backend also needed to be easily updated on a yearly basis. Stay tuned to hear more from us about our sustainability journey. 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. 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. Should this video be a part of your PLM Materials Library in addition to the U3M file? That ruling remains pending. 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. It was not until legislation was. [12] The company has strategy of upgrading or opening new facilities with better automation to counter the competitive pressure of rising wages. 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). Secondary / Desk Research 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. Otto Group Annual Report 2020/21. [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. 927 were here. 6,10 MB. 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. This simple annual report template includes instructional text to assist you in building a good report. Request Custom Company Research Report Here: https://digitgaps.com/custom-research/. The third panel invited long-time business leaders to share their experiences and insights regarding the role of corporations during these times of. Search over 700 Select Accept to consent or Reject to decline non-essential cookies for this use. From there, we also illustrated how people work harmoniously with nature. Esquel Group is one of the few large textile manufacturing groups to do so. Its going to be a win-win situation if your incentives are going to be linked to productivity improvement.. Procurement & Business Strategy Director - Asia Pacific at Hallmark Cards. Esquel is a manufacturer and supplier of apparels for men and women. 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.. The two Koggala factories have been non-operational since 15 March. Management Team: Names, Profiles, Information on key personnel managing the business, heading key departments and function with their employment history and executive biographies The carbon footprint analyses of our proprietary assets and the EU Taxonomy disclosures have been incorporated in the Annual Report as of this year. 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 #Esquel #integral #makingadifference #greentextiles #innovation #technology, Our annual dinner in Hong Kong was successfully held last Saturday. Company share by region and sector, and company structure 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. 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. Director, Derby Entrepreneurship Center @Tufts | Corporate Innovation Consultant | Keynote Speaker and Author, Senior Business Consultant at Organicoguru Lanka (Pvt) Ltd. Congratulations ! Teething issues such as inconsistent procedures and uneven cycle times per machine caused colleagues to grumble from the unstable workload. WeSuperseed created a heavily custom designed website layout. Brand Strategy Brand Identity Storytelling Animation Illustration Website Design & Development. Esquel Group recruited more than 150 college graduates, having engineering background, to the mangineer programme in 2015. The firm's vertically integrated operation starts in China where it oversees cotton farms. Esquel operates two cotton ginning mills in Xinjiang and three spinning mills, where cotton is spun into yarn. Journalist coverage / News stories #Esquel #MakingADifference #lunarnewyear2023, Spreading joy and good luck through Chinese calligraphy! Financial and Economic Overview: Current financial and economic ratios consider past 5 years quarterly, semi-annual, annual financial statements Esquel Group's supply chain was first linked to Xinjiang in a May 2019 Wall Street Journal report. Gain access to more than 1 million monopolized company profiles on a single platform [11], Most of the company's manufacturing facilities are in China. While producing this report, we have followed a standardized research methodology which assures our data quality and authenticity. A REPRESENTATIVE LIST OF ORGANIZATIONS THAT HAVE USED OUR RESEARCH PRODUCTS: Your tool is very comprehensive and immensely useful. Purchase this report to inform your strategy, marketing, planning, sales and competitor intelligence functions, thus enabling you to formulate strategies that augment your business. Pay via Invoice/Credit Card/Debit Card/ACH/SEPA/Direct Debit or Bank Transfer. This means investing in the growth of each individual by empowering our workforce with the appropriate skills, tools, and a modern workplace experience, while also prioritizing the safety and wellbeing of our employees and their families. Esquel is also developing and nurturing two of its own retail brands of high quality shirts - PYE and DETERMINANT.. 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 directly employs around 55,000 people across the world but, adding in their family members, the company estimates between 100,000 and 200,000 people areimpacted by its actions. It determines the business's reach to the target market and ensures the easy accessibility. More inspiring contributions from Esquel Group! Many of these workers have been employed by Esquel for decades. 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: Note: Some sections of this report may be missing if the data is not available for the company. Here are some pointers for a good annual report design: Use headings and subheadings. The more I get into the database, the happier I am that well have itREALLY happy!!! digitGaps Custom Research solution is tailored and optimized in a unique way to meet our customers specific needs. Do we constantly move from one location to another chasing low cost labour? 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. Even so, Ms. Tang stayed focused on her vision. Our annual dinner in Hong Kong was successfully held last Saturday. Notre histoire remonte 1949 et notre entreprise continue se dvelopper sur un socle de valeurs fortes. For more details, please read the article here. 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. Major deals are incorporated such as break of deals into categories and information which will assist your business research, 5. See the answers, explore popular topics and discover unique insights from Esquel Group employees. All our reports come with 10% customization at no extra cost The farms supply spinning, dyeing and knitting facilities that produce high-quality cotton fabric. Well done! #Esquel #makingadifference #lunarnewyear, In Esquel, we promote the concept of "Fun People Serving Happy Customers" through trust and respect. 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. Annual reports typically include financial statements, such as balance sheets, income statements, and cash flow statements. 5,53 MB. Its clientele include Abercrombie & Fitch, Jack & Jones, Gant, Hugo Boss, Lacoste, Ralph Lauren, Tommy Hilfiger, and Nautica. 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. 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. #Esquel #MakingADifference #lunarnewyear2023, We are the true agent of change. 25% OFF ON COMPANY REPORTS. Esquel Group's headquarters is located in London, England, GB W1U 3RF. The average loan amount is CNY15,000 (US$2,254) and there have been zero defaults since its launch. Esquel Group has an estimated 201 employees and an estimated annual revenue o. In-depth analysis performed to produce this report will give you a clear and unbiased view of the company's strategy and growth prospects. Among the initiatives introduced to benefit its supplier community, for instance, is a micro-financing programme for cotton farmers in the Xinjiang region of China. A Chinese New Year Party was held yesterday for all of us to meet and greet. Given Esquel's history, in which parts of the supply chain is the group's core where it has the deepest knowledge and expertise? This button displays the currently selected search type. Sign up for a free account. Feb 24, 2023 (Alliance News via COMTEX) -- The Clothing Manufacturer Service market value was US$ $$ billion in 2021. 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. 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. 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. 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. The company's operations are vertically integrated, from producing cotton, buttons, and packaging to design and manufacturing. Wendy Stotts, Manager, Carlson Companies-Information Center. Ces valeurs sont T ransparence, E xcellence et R entabilit. 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. Were developing an eco-friendly facility that demonstrates Industry 4.0 with automation and advanced use of data, but will also be a tourist destination too, Tung explained. Esquel harnesses technology to transform its operations and commercialize its innovations. [3], Its head office is in Harbour Centre[zh] (), Wan Chai. Boston Consulting Group estimates that more than $22 trillion worth of goods flow across the world every year, a figure expected to reach almost $35 trillion by the end of the decade. An annual report is a corporate document disseminated to shareholders that spells out the company's financial condition and operations over the previous year.