国产热热热精品,亚洲视频久久】日韩,三级婷婷在线久久,99人妻精品视频,精品九热人人肉肉在线,AV东京热一区二区,91po在线视频观看,久久激情宗合,青青草黄色手机视频

USEUROPEAFRICAASIA 中文雙語(yǔ)Fran?ais
Business
Home / Business / Companies

Cutting your cloth to suit your style

By Huang Ying | China Daily | Updated: 2013-09-26 10:41

Textile company boss defies declining trend with unique approach to business

Cutting your cloth to suit your style

People shopping in a PYE store in Hong Kong. PYE is a retail brand of Esquel Group. Provided to China Daily

Regarding one of China's most traditional industries - textiles and apparel - Marjorie Yang Mun-tak holds quite different a view in comparison with mainstream opinion that it is a declining industry with no future.

"There are no sunrise industries or sunset industries. The point lies in how people run these industries," said Yang, chairwoman of Hong Kong-based Esquel Group, one of the world's leading manufacturers of premium cotton shirts, boasting well-known customers including Tommy Hilfiger, Hugo Boss AG, Nike Inc and Ralph Lauren Corp.

Born to a textile family, in which both her maternal grandfather and father were engaged in textile manufacturing and trading, Yang's father Yang Yuan-loong declined to encourage her to continue in the family business at first, saying it was very tough work.

However, not only did the young Yang inherit the family business, but she made it a great success while others dismissed it as a sunset industry.

In 1995, Yang officially took the helm of Esquel Group, which was founded by her father in 1978 some 26 years after her birth.

Yang, who has a bachelor of science degree in mathematics from Massachusetts Institute of Technology and an MBA degree from Harvard Business School, brought new ideas into corporate management, far different from her father's ways.

Immediately after assuming the post of Esquel Group's chairman, she came up with several new proposals and endeavored to have them put in place despite facing a variety of difficulties.

These proposals included setting up a new plant in Xinjiang Uygur autonomous region, investing in the improvement of local extra long-stapled cotton seeds - cotton with relatively long fibers - and introducing new scientific technologies and ideas in company management.

Esquel Group's annual revenue more than doubled from $530 million in 2006 to $1.2 billion in 2012, a year when the producer made more than 100 million shirts for its high-end customers.

In the same year, Yang ranked in Forbes' list of Asia's 50 Power Businesswomen and, in addition to that, she entered the list of the richest businesswomen and is frequently on the list of most-successful female entrepreneurs.

While most apparel and textile enterprises complain about depression in the industry, Esquel Group speaks a different language.

Previous 1 2 3 Next

Most Viewed in 24 Hours
Copyright 1995 - . All rights reserved. The content (including but not limited to text, photo, multimedia information, etc) published in this site belongs to China Daily Information Co (CDIC). Without written authorization from CDIC, such content shall not be republished or used in any form. Note: Browsers with 1024*768 or higher resolution are suggested for this site.
License for publishing multimedia online 0108263

Registration Number: 130349
FOLLOW US
 
淮南市| 且末县| 根河市| 安达市| 博兴县| 淳安县| 苏州市| 广宗县| 巧家县| 炎陵县| 南汇区| 乌鲁木齐市| 古交市| 威信县| 九江县| 哈巴河县| 长顺县| 信丰县| 晋州市| 邻水| 长岭县| 水富县| 大庆市| 巧家县| 大安市| 雷州市| 凉城县| 安阳市| 秀山| 龙岩市| 特克斯县| 民权县| 永昌县| 鹤岗市| 平江县| 金昌市| 满洲里市| 鹿邑县| 永寿县| 沽源县| 湖口县|