NN Group's Annual Report is available for download at www.nn-group.com/annual-report. 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. Esquel manufactures mor..See More, How to Use Plunkett Research Online-12 Minutes, By Using this Site You Agree to these Terms of Use. This button displays the currently selected search type. Accounting Mini-series. #EsquelGroup #MakingaDifference #Integral #Sustainability #HKIAAnnualAwards #Guilin #SustainableDevelopmentGarden #rlp. Understanding the companys business segment expansion or their asset divestment Phone: 852-2811-8077Fax: 852-2960-6988Address: 25 Harbour Rd., Harbour Center, Fl. In the first place, Esquel improved the quality of the provided services and products, as a new IT solution made reporting easier and faster. [12] The company has strategy of upgrading or opening new facilities with better automation to counter the competitive pressure of rising wages. Esquel Group (Hong Kong) Launching a Sustainable Mask Amidst a Public Health Crisis January 2021 Extraordinary Endeavors in Turbulent Times: Asian Innovation, Inclusion, and Impact during COVID-19 A Joint Report by the Asia Business Council and the Hong Kong University of Science and Technology Other case studies in the series More inspiring contributions from Esquel Group! 25% OFF ON COMPANY REPORTS. Over the years, Esquel has grown from a shirtmaker to a total solutions provider in textiles and apparel, a curator in industrial . This will be a major resource for our serious job seekers. Our Reports. Otto Group Annual Report 2018/19. Popular questions Work from Home Company Headcount: List of key employees as well as the headcount of the company, hierarchy To make the data easily digestible, we created a range of visual icons in a minimalistic illustration style to represent the respective data points. 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Our report will get you access to elaborate information on the companys financial deal which will help you understand key deals. 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. Esquel Group recruited more than 150 college graduates, having engineering background, to the mangineer programme in 2015. Annual Report View In PDF DIGITAL VERSION. 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. 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. 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. 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. PDF. This report contains Esquel Group Limited company and market share data which will help you understand the detailed picture of companys financial position. This analysis will help you track important events of the company Esquel Group ( Chinese: ) is a Hong Kong-based textile and apparel manufacturer. #Esquel #MakingADifference #sustainability, Usher in the Lunar New Year! There is a call for computer vision. Also, it will help you qualify prospective partners, affiliates or suppliers 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. This button displays the currently selected search type. 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. {{ userNotificationState.getAlertCount('bell') }}. Esquel Group is one of the few large textile manufacturing groups to do so. When expanded it provides a list of search options that will switch the search inputs to match the current selection. This information contains a summary of each deal by type, rationale, and financials 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. Looking for a particular Esquel Group employee's phone or email? Esquel harnesses technology to transform its operations and commercialize its innovations. 13,192 followers 1w Report this . fThe privately-owned company was one of the leading cotton apparel and textile manufacturers in the world The company employed 47,000 people and manufactured 60 million shirts a year. Delicious food from Seoul Bros as always 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. Financial Year 2021-22. [3] Its head office is in Harbour Centre [ zh] (), Wan Chai. Sign up for a free account. Its going to be a win-win situation if your incentives are going to be linked to productivity improvement.. Koggala factory garment workers during a work stoppage in November 2021, Statement on the closure of two Sri Lankan factories amid severe financial crisis. [3], Its head office is in Harbour Centre[zh] (), Wan Chai. 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 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 has a long history of union busting and discrimination against union activists. Need a customized "Company Intelligence" or "Industry Research" report? Please wait while the search results are loading Esquel Group of Companies is one of the worlds largest producers of cotton shirts. In this one-hour discussion, Marjorie shared how we leverage our integrated supply chain to advance our vision of Making A Difference. View full 2021 Annual Report. PDF. [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. 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 . 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. 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. We provide quality employment and improve the livelihood of the communities in which we operate. It is the world's largest woven shirt maker, producing about 100 million shirts annually. The next thing we are doing with these cotton farmers is teaching them online banking, so instead of giving them cash when they sell us the cotton, we are transferring the money online.. 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. As strong advocates of sustainability, we love seeing large corporations taking responsibility to ensure their business is as sustainable as possible. 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 . 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.. Great team work & great achievements. Detailed intelligence on Competition: Insights on key competitors 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 Secondary / Desk Research #Esquel #MakingADifference #lunarnewyear2023, Leaping into the Year of the Rabbit, we wish you a wonderful new year. 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. But what we are trying to do is link the productivity improvement with the net take-home pay of our workers. 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%. TER, un acronyme d'actualit quand nos consciences nous appellent prserver la . Yang believes the most. Annual reports typically include information regarding its future . digtiGaps 2018. digitGaps provide you the detailed information on major recent deals. Esquel Group | 13,195 followers on LinkedIn. WeSuperseed created a heavily custom designed website layout. 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. [2] Esquel supplies textile to companies such as Li Ning, ANTA Sports, Fila, Giordano, Muji. Report. 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). 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. Many thanks to Lucy Cromwell and Jiwon Choi for kickstarting this fantastic opportunity and we look forward to making these reusable lunches more frequent! Legal Structure and Ownership: Synopsis on companys shareholders outlining the legal structure and ownership As an industry we have a bad reputation when it comes to sustainability, says Edgar Tung, managing director of Esquel Group, the worlds largest woven shirt maker. Journalist coverage / News stories Fairmont PD001--552. You can avail the reports as per your needs Otto Group Annual Report 2019/20. They will also be responsible for calibrating the machines like a technician.. Our report is a guide for you to get potential investments and acquisition targets. 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. 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. 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. Esquel is a manufacturer and supplier of apparels for men and women. Devote space to photographs, infographics and other compelling visual elements. Professionals, Investors, Researchers and Academician who are interested in gaining key information about Esquel Group Limited, this report is a crucial source to them. Esquel has a long history of union busting and discrimination against union activists. Financial and Economic Overview: Current financial and economic ratios consider past 5 years quarterly, semi-annual, annual financial statements A. [11], Most of the company's manufacturing facilities are in China. Set in the scenic landscape of Guilin, Integral is our Sustainable Development Garden that showcased our commitment to sustainability. [4], The family owned business was founded in 1978 by family patriarch Yang Yuan-loong[zh]. This ensures that all the latest information is captured to enable you to make informed decisions This annual report matches the Red and Black design set. 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. The farms supply spinning, dyeing and knitting facilities that produce high-quality cotton fabric. When it comes to environmental impact the planet pillar of its strategy Esquel claims to have invested over US$150m over the last ten years in managing its water and energy consumption, including a wastewater treatment plant that processes more than 5,000 tons of water every day.