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Seattle-based Greensource moves up in global ranking from 2008
25 May '10
2 min read
Seattle, WA-based organic apparel designer and manufacturer Greensource Organic Clothing Co. is the world's 8th largest organic apparel manufacturer, according to a report issued today by the non-profit organization Organic Exchange (OE).
According to the Organic Cotton Market Report 2009, Greensource rose in rank from 9th place in 2008 on the strength of its 2009 sales of organic cotton knit and denim apparel. The apparel is also certified to the Global Organic Textile Standard and sold mostly at big box stores, providing consumers with premium fashion at affordable prices.
Greensource ranked so high due to sales of its “Greensource” and “Re-Gen” (Recycled Generation) branded apparel. If the company's considerable private label production for major retailers, including Walmart and Kohl's, were taken into account, the company would actually rank much higher.
We are deeply committed to using organic cotton in our apparel lines and are proud we continued to increase our use of the fiber even during the recession.
According to the report, global retail sales of organic cotton apparel and home textile products reached an estimated $4.3 billion in 2009. This represents a 35 percent increase from the $3.2 billion market in 2008 and indicates little change from the 40 percent average annual growth rate the organic cotton market has experienced from 2001-2009. OE projects the global organic cotton market will grow 20 to 40 percent in both 2010 and 2011 to result in an estimated $5.1 billion market in 2010 and $6.0 billion market in 2011.
“We are deeply committed to using organic cotton in our apparel lines and are proud we continued to increase our use of the fiber even during the recession,” said David Basson, Greensource CEO. “We plan to expand the amount of organic cotton we use even further in 2010 and beyond,” he continued.
The Top Twelve of 2009 were C&A, Nike, Walmart, Williams-Sonoma, Inc., H&M, Anvil Knitwear, Coop Switzerland, Greensource Organic Clothing Co., Levi Strauss & Co., Target, adidas, and Nordstrom.
According to the Organic Cotton Market Report 2009, Greensource rose in rank from 9th place in 2008 on the strength of its 2009 sales of organic cotton knit and denim apparel. The apparel is also certified to the Global Organic Textile Standard and sold mostly at big box stores, providing consumers with premium fashion at affordable prices.
Greensource ranked so high due to sales of its “Greensource” and “Re-Gen” (Recycled Generation) branded apparel. If the company's considerable private label production for major retailers, including Walmart and Kohl's, were taken into account, the company would actually rank much higher.
We are deeply committed to using organic cotton in our apparel lines and are proud we continued to increase our use of the fiber even during the recession.
According to the report, global retail sales of organic cotton apparel and home textile products reached an estimated $4.3 billion in 2009. This represents a 35 percent increase from the $3.2 billion market in 2008 and indicates little change from the 40 percent average annual growth rate the organic cotton market has experienced from 2001-2009. OE projects the global organic cotton market will grow 20 to 40 percent in both 2010 and 2011 to result in an estimated $5.1 billion market in 2010 and $6.0 billion market in 2011.
“We are deeply committed to using organic cotton in our apparel lines and are proud we continued to increase our use of the fiber even during the recession,” said David Basson, Greensource CEO. “We plan to expand the amount of organic cotton we use even further in 2010 and beyond,” he continued.
The Top Twelve of 2009 were C&A, Nike, Walmart, Williams-Sonoma, Inc., H&M, Anvil Knitwear, Coop Switzerland, Greensource Organic Clothing Co., Levi Strauss & Co., Target, adidas, and Nordstrom.
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JIANGSU YINGYANG NONWOVEN MACHINERY CO., LTD
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