Difference between revisions of "World Knits Ltd."

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{{corpwiki}}
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{{Infobox Company
World Knits Ltd started its activities in February 1993 and has since expanded its annual capacity from 700 000 T-shirts to 14 000 000 T-shirts annually. Our product range includes T-shirts, polo shirts and fancy styles. The company’s main strength is the fully integrated knitting, dyeing, finishing and make-up processes. The company exports to Europe and U.S.A.  
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| company_name = World Knits Ltd.
==Basic Information==
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| company_logo =
===HQ Contact information===
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| company_type = Private
2/F Block 17 Industrial Zone <br />
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| genre = Apparel manufacturing
Coromandel <br />
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| foundation = 1993
Mauritius <br />
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| founder =
Tel:230 433 1945 <br />
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| dissolved =
Fax:230 433 0233  <br />
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| location = Mauritius
Email: wkl@wknits.com <br />
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| locations =
===Country of incorporation===
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| area_served =
Mauritius
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| key_people = [[Roland Staub]] (CEO)
===Ownership status===
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| industry = Apparel
Private
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| products =
===Primary industry sector===
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| services =
Primary SIC: Womens Misses & Jr Blouses & Shirts, Primary NAICS: Women's and Girls' Cut and Sew
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| revenue = USD 25.6
===Primary industry ranking===
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| operating_income =
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| company_slogan =
===Number of employees worldwide===
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| net_income =
700
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| assets =
===Chief executive officer===
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| num_employees = 700
[[Roland Staub]]
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| parent =
 +
| equity =
 +
| owner =
 +
| divisions =
 +
| subsid =
 +
| homepage =
 +
| footnotes =
 +
}}
  
===Financial information===
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World Knits Ltd. produces T-shirts and polo shirts in Mauritius.  The company started in February 1993 and has since expanded its annual capacity from 700 000 T-shirts to 14 000 000 T-shirts annually. The company’s main strength is the fully integrated knitting, dyeing, finishing and make-up processes. The company exports to Europe and U.S.A.
====Ticker symbol====
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==Company History==
N/A
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Company history in paragraph form
====Main exchanges====
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===Historical Financial Information===
N/A
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===Business Strategy===
====Investor website====
 
N/A
 
====List of largest shareholders====
 
  
====Total revenue====
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==Political and Public Influence==
 +
Paragraph information
 +
===Political Contributions===
  
====Net income==== 
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===Lobbying===
  
==Detailed Information==
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==Corporate Accountability==
===Company history===
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Paragraph
 +
===Labor===
 +
====Domestic====
 +
* 2002: A group of Chinese workers at World Knits Ltd staged a work stoppage from 29 April to 3 May demanding better salary, annual & sick leave and guaranteed overtime.  Following intervention by Ministry of Labour, management agreed to some demands but three workers refused to accept them.  These workers were repatriated by the company. [http://www.gov.mu/portal/site/AssemblySite?content_id=ea660e7b9a808010VgnVCM100000ca6a12acRCRD ]
 +
* 2004: Indian workers strike to protest repatriation of one worker, demand reform of piecework system, and request increased meal allowance. [http://www.lexpress.mu/display_article.php?news_id=14965]
 +
* 2006: suit is filed against company for failing to comply with Occupational Safety, Health and Welfare Act by not reporting workplace injuries [http://supremecourt.intnet.mu/Entry/dyn/GuestGetDoc.Asp?Doc_Idx=5832579&Mode=Html&Search=No ]
  
====Historical financial results====
 
  
====Books on company====
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===Human Rights===
  
===Business strategy===
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===Environment ===
  
===Business scope===
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===Consumer Protection and Product Safety===
====Lines of business====
 
====Units/subsidiaries====
 
  
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===Anti-Trust and Tax Practices===
 +
 +
===Social Responsibility Initiatives===
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 +
==Business Scope==
 
====Brands====
 
====Brands====
 
No own brands.
 
No own brands.
Line 60: Line 73:
 
* [[Jordache]]
 
* [[Jordache]]
 
* [[Carrefour]]
 
* [[Carrefour]]
* [[H & M]]  
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* [[H&M]]  
 
* produces U.S. university-licensed apparel for [[Vantage Custom Classics]] [http://www.workersrights.org/search/index.asp?factory=World+Knits&id=0]
 
* produces U.S. university-licensed apparel for [[Vantage Custom Classics]] [http://www.workersrights.org/search/index.asp?factory=World+Knits&id=0]
 
====Suppliers====
 
====Suppliers====
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====Creditors====
 
====Creditors====
  
===Geographic scope===
 
====Countries of operation====
 
Customers in Italy, UK, USA, and Sweden
 
====Breakdown of revenues====
 
====Breakdown of profits====
 
====Breakdown of assets====
 
====Breakdown of employees====
 
===Governance===
 
====Executives====
 
* [[Roland Staub]], director
 
* [[Michel Meyer]], co-owner
 
* [[Ian Noel]], co-owner
 
====Board members & affiliations====
 
 
====Executive/director compensation====
 
  
====Date & venue of next AGM====
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<table border="1">
 +
<tr>
 +
<th>Customers</th>
 +
<th>Suppliers</th>
 +
<th>Creditors</th>
 +
<th>Competitors</th>
 +
</tr>
 +
<tr>
 +
<td>Customer 1</td>
 +
<td>Supplier 1</td>
 +
<td>Creditor 1</td>
 +
<td>Competitor 1</td>
 +
</tr>
 +
<tr>
 +
<td>Customer 2</td>
 +
<td>Supplier 2</td>
 +
<td>Creditor 2</td>
 +
<td>Competitor 2</td>
 +
</tr>
 +
<tr>
 +
<td>Customer 3</td>
 +
<td>Supplier 3</td>
 +
<td>Creditor 3</td>
 +
<td>Competitor 3</td>
 +
</tr>
 +
<tr>
 +
<td>Customer 4</td>
 +
<td>Supplier 4</td>
 +
<td>Creditor 4</td>
 +
<td>Competitor 4</td>
 +
</tr>
 +
</table>
  
==Corporate Accountability==
 
  
===Labor===
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===Financial Information (as of DATE)===
====Domestic====
 
* 2002: A group of Chinese workers at World Knits Ltd staged a work stoppage from 29 April to 3 May demanding better salary, annual & sick leave and guaranteed overtime.  Following intervention by Ministry of Labour, management agreed to some demands but three workers refused to accept them.  These workers were repatriated by the company. [http://www.gov.mu/portal/site/AssemblySite?content_id=ea660e7b9a808010VgnVCM100000ca6a12acRCRD ]
 
* 2004: Indian workers strike to protest repatriation of one worker, demand reform of piecework system, and request increased meal allowance. [http://www.lexpress.mu/display_article.php?news_id=14965]
 
* 2006: suit is filed against company for failing to comply with Occupational Safety, Health and Welfare Act by not reporting workplace injuries [http://supremecourt.intnet.mu/Entry/dyn/GuestGetDoc.Asp?Doc_Idx=5832579&Mode=Html&Search=No ]
 
  
====Global====
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<table border="1">
History:
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<tr>
 +
<th>Shareholder</th>
 +
<th>% Total Shares held</th>
 +
</tr>
 +
<tr>
 +
<td>Shareholder 1</td>
 +
<td>% Held 1</td>
 +
</tr>
 +
<tr>
 +
<td>Shareholder 2</td>
 +
<td>% Held 2</td>
 +
</tr>
 +
<tr>
 +
<td>Shareholder 3</td>
 +
<td>% Held 3</td>
 +
</tr>
 +
<tr>
 +
<td>Shareholder 4</td>
 +
<td>% Held 4</td>
 +
</tr>
 +
</table>
 +
<b>Largest Shareholders</b>
  
 +
Geographic scope paragraph
  
Policy:
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<table border="1">
 +
<tr>
 +
<th>Country</th>
 +
<th>Revenue</th>
 +
<th>Profits</th>
 +
<th>Assets</th>
 +
<th>Employees</th>
 +
</tr>
 +
<tr>
 +
<td>Country 1</td>
 +
<td>Revenue 1</td>
 +
<td>Profit 1</td>
 +
<td>Assets 1</td>
 +
<td>Employees 1</td>
 +
</tr>
 +
<tr>
 +
<td>Country 2</td>
 +
<td>Revenue 2</td>
 +
<td>Profit 2</td>
 +
<td>Assets 2</td>
 +
<td>Employees 2</td>
 +
</tr>
 +
<tr>
 +
<td>Country 3</td>
 +
<td>Revenue 3</td>
 +
<td>Profit 3</td>
 +
<td>Assets 3</td>
 +
<td>Employees 3</td>
 +
</tr>
 +
<tr>
 +
<td>Country 4</td>
 +
<td>Revenue 4</td>
 +
<td>Profit 4</td>
 +
<td>Assets 4</td>
 +
<td>Employees 4</td>
 +
</tr>
 +
</table>
  
Campaigns against company:
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==Governance==
 +
====Executives====
 +
* [[Roland Staub]], director
 +
* [[Michel Meyer]], co-owner
 +
* [[Ian Noel]], co-owner
 +
Board members/affiliations
 +
Executive director/compensation
 +
Date and venue of next AGM
  
  
Major reports:
+
==Contact Information==
 
+
2/F Block 17 Industrial Zone <br />
===Environment & product safety===
+
Coromandel <br />
 
+
Mauritius <br />
===Human rights===
+
Tel:230 433 1945 <br />
===Anti-trust, consumer protection, tax practices===
+
Fax:230 433 0233  <br />
===Political & public influence===
+
Email: wkl@wknits.com <br />
 
+
==Articles and Resources==
===Social responsibility initiatives===
+
===Books on the Company===
  
==Articles and resources==
+
===Related SourceWatch Articles===
===Related SourceWatch articles===
 
  
 
===Sources===
 
===Sources===
 +
<references/>
  
===External resources===
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===External Resources===
 
[http://www.workersrights.org/search/index.asp?reset=1 Worker Rights Consortium Factory Disclosure Database]
 
[http://www.workersrights.org/search/index.asp?reset=1 Worker Rights Consortium Factory Disclosure Database]
  
===External articles===
+
===External Articles===
  
[[Category: Corporations]]
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[[Category:Global corporations]][[Category:Corporations]][[Category:Apparel]]
[[Category: Apparel]]
 

Latest revision as of 18:20, 20 July 2017

World Knits Ltd.
Type Private
Genre Apparel manufacturing
Founded 1993
Headquarters Mauritius
Key people Roland Staub (CEO)
Industry Apparel
Revenue USD 25.6
Employees 700

World Knits Ltd. produces T-shirts and polo shirts in Mauritius. The company started in February 1993 and has since expanded its annual capacity from 700 000 T-shirts to 14 000 000 T-shirts annually. The company’s main strength is the fully integrated knitting, dyeing, finishing and make-up processes. The company exports to Europe and U.S.A.

Company History

Company history in paragraph form

Historical Financial Information

Business Strategy

Political and Public Influence

Paragraph information

Political Contributions

Lobbying

Corporate Accountability

Paragraph

Labor

Domestic

  • 2002: A group of Chinese workers at World Knits Ltd staged a work stoppage from 29 April to 3 May demanding better salary, annual & sick leave and guaranteed overtime. Following intervention by Ministry of Labour, management agreed to some demands but three workers refused to accept them. These workers were repatriated by the company. [1]
  • 2004: Indian workers strike to protest repatriation of one worker, demand reform of piecework system, and request increased meal allowance. [2]
  • 2006: suit is filed against company for failing to comply with Occupational Safety, Health and Welfare Act by not reporting workplace injuries [3]


Human Rights

Environment

Consumer Protection and Product Safety

Anti-Trust and Tax Practices

Social Responsibility Initiatives

Business Scope

Brands

No own brands.

Customers

Suppliers

Competitors

Creditors

Customers Suppliers Creditors Competitors
Customer 1 Supplier 1 Creditor 1 Competitor 1
Customer 2 Supplier 2 Creditor 2 Competitor 2
Customer 3 Supplier 3 Creditor 3 Competitor 3
Customer 4 Supplier 4 Creditor 4 Competitor 4


Financial Information (as of DATE)

Shareholder % Total Shares held
Shareholder 1 % Held 1
Shareholder 2 % Held 2
Shareholder 3 % Held 3
Shareholder 4 % Held 4

Largest Shareholders

Geographic scope paragraph

Country Revenue Profits Assets Employees
Country 1 Revenue 1 Profit 1 Assets 1 Employees 1
Country 2 Revenue 2 Profit 2 Assets 2 Employees 2
Country 3 Revenue 3 Profit 3 Assets 3 Employees 3
Country 4 Revenue 4 Profit 4 Assets 4 Employees 4

Governance

Executives

Board members/affiliations Executive director/compensation Date and venue of next AGM


Contact Information

2/F Block 17 Industrial Zone
Coromandel
Mauritius
Tel:230 433 1945
Fax:230 433 0233
Email: wkl@wknits.com

Articles and Resources

Books on the Company

Related SourceWatch Articles

Sources


External Resources

Worker Rights Consortium Factory Disclosure Database

External Articles