Home / Knowledge / News / Textiles / Textile company undergoes reorganization
Textile company undergoes reorganization
16
Jul '10
David Whitehead (DW), a textile firm has updated its business in to four key units, so as to lessen their exposure to loss making divisions and make it easier for them to manage.

As per DW's sources, the separate pricing of goods and services has led to formation of fabric, cotton wool, stockist and spinning production divisions.

DW got de-listed from the Zimbabwe Stock Exchange early this year and off late has been struggling owing to flawed wage bill, continuous breakdowns of machinery and endless labour fights, despite other challenges. Since then, the firm has reduced its labour force by over 50 percent.

Separating pricing of goods and services will help make the textile firm's operations much more useful, competent and also lessen the operating costs.

While operations at the Kadoma cotton wool and Chegutu stockist divisions have improved drastically, dearth in lint availability, affected operations at the spinning divisions in these areas.

Once upon a time, DW was the biggest textile manufacturing firm in Zimbabwe, employing over 3,000 people, but was severely affected by cold form of investments, political and economic environment. During the recent times, the firm was drastically weighed down by the descending productivity, boardroom squabbles, labour unrest and presence of red ink on its balance sheet.

For years, Zimbabwe's textile industry has been surviving on continuous power supply, economical labour, superior quality lint and competitive prices. But over time these advantages were lost, and several textile firms suspended, downsized or completely shut down their operations.

Fibre2Fashion News Desk - India


Must ReadView All

Textiles | On 22nd Jun 2017

Zund unveils cradle feeder roll-feed system for fabrics

Zund Systemtechnik AG, Switzerland’s textile machinery firm that...

Textiles | On 22nd Jun 2017

Hpfabrics opening production facility in Forsyth County

Hpfabrics, manufacturer of raw fabrics, is opening a new production...

Courtesy: Napapijri

Apparel/Garments | On 22nd Jun 2017

Napapijri's Superlight Parka is free of fur and down

Napapijri has introduced the new Superlight Parka, a new lightweight...

Interviews View All

Sachin Sharma
Gem Enviro Management Pvt Ltd

There are no significant differences between virgin yarn and PET recycled...

Victor Chao
Esmetex

‘In future, clothing boundary lines will become increasingly blurred.’

C Kamatchisundaram
Voltas

ITME is an occasion not only to receive new leads but also to work on...

Steve Cole
Xerium Technologies

Steve Cole of Xerium Technologies discusses the industry. Xerium is the...

Suresh Patel
Sidwin Fabric

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

Eamonn Tighe
Nature Works LLC

Eamonn Tighe, Fibres and Nonwovens - Business Development Manager of...

Igor Chapurin
Chapurin

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

Silvia Venturini Fendi
Fendi s.r.l

"Yes, my confidence and positive attitude are my strengths and should be...

Tony Ward
Tony Ward

"You have to truly understand what your client wants, know her needs, what ...

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

news category


Related Categories:
June 2017

June 2017

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

SUBSCRIBE


Browse Our Archives

GO


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