Grieved! The World'S Largest Garment Makers Will Close 4 Factories By The End Of July.

In April 20th, Yida group announced on its official website that it decided to close 3 factories in advance by the end of July.

Yida group said that the outbreak of the epidemic has created an unprecedented perfect storm for the supply chain of the global textile and garment industry. We are under tremendous pressure, and some are even struggling to survive. In order to control the spread of the epidemic, many countries have forced shops to close, and economic activities are close to a standstill, and the retail industry has almost stagnated.

The above measures also made the Yida group upstream of the textile and garment supply chain suffer unprecedented impact. In order to ensure the sustainable operation of Yida, the group has decisively adopted a series of actions, including adjusting business scale, slashing operating expenses and streamlining personnel. We have to make the hardest and most painful decisions. This year The following factories were closed at the end of July.

In 1 and April 30, 2020, Fenghua's factories were closed.

In 2 and June 12, 2020, two factories in Malaysia and Penang were shut down in Kelantan.

3. July 31, 2020, closing Mauritius's factory at flake.

Yida group admits that in the coming months, the company will make every effort to ensure that all affected employees receive an appropriate and fair transitional arrangement.

Yida is one of the world's leading vertically integrated cotton textile manufacturers. It is one of the world's largest manufacturer of pure cotton shirts. As a traditional industry, it is an unconventional enterprise. It hopes to promote the development and transformation of the world's industry and manufacturing industry through its own practice.

Yida group is the "brand behind the brand" and the "invisible champion" of the cotton spinning and garment industry. With its production and R & D base in 8 countries around the world, vertical integrated supply chain covering cotton research, spinning, needle woven fabrics, garments, accessories and retail has been established.

For Hugo Boss, Ralph Lauren, Nike, Tommy Hilfiger and other fashion brands to supply more than 110 million high-quality shirts, but also apple, Amazon, Muji and other well-known brand suppliers. Yida has also developed its own fashion brand "pie" and "ten like officials" in China.