Home / Knowledge / News / Apparel/Garments / Clothing giant Seardel retrenches more workers
Clothing giant Seardel retrenches more workers
30
Apr '10
Seardel has started retrenching workers due to the shrinking sales volumes and increasing labour costs. It is retrenching over 800 workers. It had started retrenching workers at its Durban and Cape Town factories in the last month, informed Mr. Stuart Queen, Chief Executive of Seardel.

Seardel's factory at Durban, which is a suit manufacturing facility, witnessed sales volume reduction in the past year. So, the group is retrenching around 150 workers in this facility, he added.

Further he said that a large portion of the factory's customer base are independent retailers, hence the factory never had sufficient volumes. Moreover, as per Mr. Queen, suits are quite out of fashion and the sales volumes of suits are declining.

It would retrench 671 staff members from its Intimate Apparel division formerly known as Cape Underwear, Cygnet and Triumph. Around 335 out of these 671 are contract workers.

After this latest round of retrenchment, only around 10,000 workers will now be working for Seardel from 15,000, two years ago.

About a year ago, the company had closed down its subsidiary Frame Vertical Pipeline at Durban rendering 1,400 people unemployed.

Though the company has just 10,000 workers left with it, it remains the largest clothing and textile employer of the country, informed the Chief Executive of the company and expressed hope that, Seardel will re-acquire the production volumes in future, and re-employ its staff.

Fibre2fashion News Desk - India


Must ReadView All

Apparel/Garments | On 23rd Sep 2017

AAFA urges negotiators to preserve TPLs in NAFTA

The American Apparel & Footwear Association (AAFA), an alliance of...

Textiles | On 23rd Sep 2017

SIMA urges Centre to re-look duty drawback rates

he Southern India Mills’ Association (SIMA) has appealed to the...

Textiles | On 23rd Sep 2017

PKR 690.65-mn budget for Pakistan Cotton Committee

The Pakistan Central Cotton Committee (PCCC) recently approved a PKR...

Interviews View All

Marazban F Velati
Sutlej Textiles & Industries limited

No training can be effective till the candidate believes in it.

Cindy McNaull
Cordura

We have broad range of options in durable fabrics

Jurgen Gauger
Spreadshirt

‘Buying crowdsourced or creative designs are much more appealing to the...

Kevin Nelson
TissueGen

Kevin Nelson, Chief Scientific Officer, TissueGen discusses the growing...

Suresh Patel
Sidwin Fabric

Sidwin Fabric is a manufacturer and exporter of polypropylene textiles and ...

Kerem Durdag
Biovation II LLC

Kerem Durdag, CEO, Biovation II LLC, provides an insight into future...

Bani Batra

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

Ritu Kumar
Label Ritu Kumar

‘Classics will return’ "There are a lot of people wearing western clothes ...

Divvya and Nidhhi Gambhir
Walnut

<b>Divvya and Nidhhi Gambhir</b> started their career with the launch of...

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

September 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
74.5%
No
12.8%
Skip
12.8%

Total Votes: 47

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
61.7%
No
25.5%
Skip
12.8%

Total Votes: 47

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
87.2%
No
6.4%
Skip
6.4%

Total Votes: 47

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
70.2%
No
10.6%
Skip
19.1%

Total Votes: 47


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