Home / Knowledge / News / Apparel/Garments / Crystal Group releases 5th annual Sustainability Report
Crystal Group releases 5th annual Sustainability Report
13
Aug '14
Hong Kong-based Crystal Group, a leading original equipment and original design garment manufacturer (OEM/ODM) and trader, has releases its 5th annual Sustainability Report with the theme ‘Believe in WE’.
 
The Report shares the Group’s insights and sustainability performance on bettering the industry, empowering women, grooming future leaders, and fostering communication.
 
Tilky Wang from the Corporate Quality & Sustainability Department of Crystal Group, said, “Crystal Group is an enterprise run by people for the people. The ‘people’ we work for are not just our customers or shareholders, but more importantly, our colleagues and our community.”
 
“In order to communicate better our approach and practices toward sustainability, we have adopted the Global Reporting Initiative (GRI) framework in which we look for a transparent and clear presentation to share with everyone,” Wang added.
 
Crystal Group has production bases in China, Vietnam, Sri Lanka, Bangladesh and Cambodia. It has office operations in Hong Kong, the UK and China.
 
In 2013, two Cambodia factories commenced operation, and one Bangladesh factory closed down. During the year, factories of the Crystal Group produced 300 million pieces of garments, registering a growth of 30 percent year-on-year. 
 
The Group’s turnover also increased by 26 percent year-on-year to US$ 1.6 billion in 2013, mentions the Sustainability Report.
 
“Looking forward, the future is very challenging. Industry consolidation continues with retailers having increasing expectations from the supply chain. We have to improve our competitiveness through enhanced productivity, innovations, economies of scale, and nurturing our caring culture,” says Andrew Lo, CEO of Crystal Group.
 
Click here to read the full report.
 

Fibre2fashion News Desk - India


Must ReadView All

Sri Lanka’s apparel exports rise after EU GSP+ reinstatement

Apparel/Garments | On 18th Nov 2017

Sri Lanka’s apparel exports rise after EU GSP+ reinstatement

Sri Lanka’s apparel exports from January to September 2017 has...

Bangladesh plans 2 leather estates in Rajshahi, Chittagong

Apparel/Garments | On 18th Nov 2017

Bangladesh plans 2 leather estates in Rajshahi, Chittagong

Bangladesh Prime Minister Sheikh Hasina has said two more leather...

ASEAN, Hong Kong sign free trade agreement

Textiles | On 18th Nov 2017

ASEAN, Hong Kong sign free trade agreement

The Association of Southeast Asian Nations (ASEAN) and Hong Kong...

Interviews View All

Rashi Menda
Zapyle

Every fifth sale we make on Zapyle is a repeat purchase

Rahul Bhadani
Looksgud

Navigating through catalogues is a bit hasslesome

Dharmendra Shah
Ozone PB Spintex Limited

‘We have made huge investments to ensure quality yarn production.’

Ravindra Jain, Ashish Baid

Oswal Prints Private Limited has been manufacturing and exporting ethnic...

Vikas Banduke

Softech Controls Private Limited (SCPL) is a part of the Cotmac Group, an...

Erik Sy

Manila-based CustomThread is a start-up offering premium custom apparel...

Iago Castro Asensio
RCfil Distribuciones S.L.

Iago Castro Asensio, International Business Manager of RCfil...

Giorgio Mantovani
Corman S.p.A

Giorgio Mantovani, MD of Corman, with a presence in both Milano and New...

Ashok Desai
Bombay Textile Research Association

Bombay Textile Research Association (BTRA) is a leading name in textile...

Vaanee Bhatia
Gritstones Clothing

<div>Delhi-based Gritstones Clothing offers quality and exemplary style...

Bani Batra

Bani Batra’s couture wedding collection is inspired by traditional Indian...

Pranav Mishra
Huemn

Designers Pranav Mishra and Shyma Shetty’s Huemn is known for its...

Press Release

Press Release

Letter to Editor

Letter to Editor

RSS Feed

RSS Feed

Submit your press release on


editorial@fibre2fashion.com

Letter To Editor






(Max. 8000 char.)

Search Companies





SEARCH

November 2017

Subscribe today and get the latest update on Textiles, Fashion, Apparel and so on.

news category


Related Categories:

Planning to Take the Leap towards
Sustainability?

Do you see sustainability as a route to business growth?

Yes No

Do you think the sustainability space has the needed tools and resources available for a business to lead change?

Yes No

Active Poll

Do you see sustainability as a route to business growth?

Yes
68.5%
No
12.4%
Skip
19.1%

Total Votes: 89

Do you think adopting a sustainable approach will be a profitable move for your business?

Yes No

Active Poll

Do you think the sustainability space has the needed tools and resources available for a business to lead change?

Yes
61.8%
No
30.3%
Skip
7.9%

Total Votes: 89

Do you want the world to know about your sustainability journey and your business’ environmental footprint?

Yes No

Active Poll

Do you think adopting a sustainable approach will be a profitable move for your business?

Yes
86.5%
No
10.1%
Skip
3.4%

Total Votes: 89

Thanks for your valuable feedback. Claim your free latest sustainability e-book.

Active Poll

Do you want the world to know about your sustainability journey and your business’ environmental footprint?

Yes
80.9%
No
9.0%
Skip
10.1%

Total Votes: 89


E-News Insight
Subscribe Today and Get the
Latest News Update in Your Mail Box.
Advanced Search