Home / Knowledge / News / Apparel/Garments / Clothing giant Seardel retrenches more workers
Clothing giant Seardel retrenches more workers
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

Textiles | On 19th Jan 2017

Pakistan imposes duty on Indian fine cotton yarn

A provisional countervailing duty ranging from Rs 26.89 to Rs 55.8 a...

Textiles | On 19th Jan 2017

Union Budget: Textile sector expects excise duty revisions

Excise duty on man-made fibres should be reduced to bring it on par...

Union textiles minister Smriti Irani at the inauguration of IIGF in New Delhi with textiles secretary Rashmi Verma and other dignitaries. Courtesy: PIB

Apparel/Garments | On 19th Jan 2017

Ministry to reimburse apparel exporters for state levies

The textile ministry has received a sum of Rs 500 crore from the...

Interviews View All

Yashiki Gumber
Sahiba Fabrics

Fabric does not restrict us from fashion trends

Yash Agarwal
Hitansh Online

Every market region has its own culture and trends

Evelyne Cholet

‘France had a reputation of being big in new ideas, but poor in marketing...

Eric Scholler

The Indian market has huge potential in technical textiles, and by far,...

Ashok Desai
Bombay Textile Research Association

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

Mark Paterson
Technical Absorbents Ltd

Mark Paterson, R&D manager of Technical Absorbents Ltd talks about Super...

Rupa Sood and Sharan Apparao

Nayaab, an exhibition meant to celebrate Indian weaves, is in its second...

Karan Arora
Karan Arora

Bridal couture created with rich Indian heritage, exquisite craftsmanship...

Igor Chapurin

"Now we can see the Russian trend in international fashion. And Russian...

Press Release

Press Release

Letter to Editor

Letter to Editor

RSS Feed

RSS Feed

Submit your press release on


Letter To Editor

(Max. 8000 char.)

Search Companies

January 2017

January 2017

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


Browse Our Archives


Subscribe today and get the latest News update in your mail box.
Advanced Search