Libbi

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4.

about

7.

customer

8.

product

10.

transit

16.

corporate initatives

17.

code of conduct

20.

country selection

24.

supplier selection

28.

costing

37.

line plan


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Libbi is a socially and environmentally responsible women’s intimates brand on a mission. Libbi, short for liberation, exists to liberate nontraditional women from traditional lingerie. Women wear bras a few times before giving them a wash, but this isn’t often the case for undies. This fact makes matching sets somewhat superfluous in that they render the very expensive bra out of commission until the undie is clean again. At Libbi, this just didn’t add up for us. We developed a solution. Every year, Libbi introduces you to a story told in four chapters of lingerie sets. Each chapter includes our be-all and end-all bralette and three undies – boyshort, cheeki, and thong – all in coordinated colors and fabrics. With Libbi, you can have that awesome feeling of empowerment that only comes from having a matching set of armour underneath your clothes every single day. Hey there, Superwoman. So, why is our bralette the best in the land? It’s simple: it actually supports you, girls. Our bralette is designed to give you a full, rounded shape with the help our unique plunging balconette cups and molded bamboo padding. Our straps are special, too, with sliding adjustment along the back, sneakily hidden underneath our gorgeous lace so you don’t have to shy from showing it off. Prefer a racerback look? No problem; our bralette has a clasp on the straps for when you want a quick change. Last but not least, our bralette features a long-line silhouette to flatter your beautiful waist. Traditional bras are a pain. You shouldn’t don’t have to sacrifice comfort to look your best. Our bralette tossed wires, hooks, and stuffy padding to the curb. It’s all you, and it’s amazing.

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values

mis s io n

liberating nontraditional women from traditional lingerie.

integrity creativity knowledge respect pleasure health personal growth competence aesthetic teamwork

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libbi babe

Libbi babes are youthful, aged 20 to 30. Let’s be honest: it’s not as easy to get the support you need from a bralette, no matter how magical, after a certain age or past a certain size. We are also aware of the fact that younger clients often prefer a little more oomph to accentuate smaller endowments. While we don’t want to give anyone false hope, Libbi does suit more body shapes and sizes than any other bralette provider. Libbi hopes to branch out into more diverse, multigenerational products in the future. Our chapters are priced at $52 each, which essentially breaks down to a $25 bra and $9 per undie. Not bad, eh? That’s why we see the Libbi babe making anywhere from $35,000 to $75,000 annually. Even the Brooklyn-living, 3 roomies-having, intern babe can swing the full story each year. But, Libbi will be loved by her boss babe, too. Libbi babes are polished and have classic tastes. They are conscious consumers, with focuses on their health and the environment. They are particular about their personal style more than they are about trends. It’s all about cultivating their own wardrobe to reflect their personality, lifestyle, and values.

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product assortment our materials Libbi products are made of 100% silk lace and silk jersey fabrics and bamboo padding, which are not only super soft and smooth, but are sustainably produced and biodegradable as well. Women rarely donate their intimates, so it is important to us at Libbi that we reduce the impact of our products through to the end of their life cycle with our clients.

colorways

lace

8

underlay

bow/strap

sold as a set avg cost $16.18 msrp $52.00 available in xs - l size chart: XS 30A 32 A 30B

M 32 D 34C 36A

S 30 C 30 D 32 B

L 32 DD 34 D 36C


bralette • Long-line silhouette • Plunging balconette cups with sturdy elastic cord channeled inside for support • Molded padding made from breathable bamboo material lends you comfortable lift • The padding is in graduated parenthese shapes gives you what you need where you need it for extra oomph • Straps feature sliding clip adjusters along the back, which are hidden underneath lace panels for a more delicate look • Straps can convert to racerback with the use of the j-clasp on the straps • Fully elasticized band and straps – no hooks, no wires thong • The least coverage, while maintaining greater comfort than just a string up your butt • All-lace design in our supple silk • Breathable silk jersey crotch panel • Very low rise (no whale tale!)

cheeki • Slightly more coverage than a thong, delicately framing your cheeks • All-lace design in our supple silk • Breathable silk jersey crotch panel • Low rise

boyshort • Flirty cut with a bit less coverage than your average boyshort • All-lace design in our supple silk • Breathable silk jersey crotch panel • Low rise

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transit Transit is a story about wanderlust, a deep desire to travel. Wanderlust is something we’re all very familiar with, as we are the typical destinations as well. But, Libbi is not traditional, so neither are Transit’s chapters. Transit covers four destinations that, while perfectly accommodating and guaranteeing of a fabulous vacation, are not considered as often as destinations like Paris, London, and Venice. Each destination has a certain type of traveler in mind.

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bow/strap

underlay

lace

prague Prague is the capital and largest city of the Czech Republic. Known as the “Golden City of 100 Spires,” Prague boasts a fairytale medieval Old Town, historic churches and synagogues, and perhaps Europe’s largest castle. Life in Prague is very bohemian, as the city is filled with music of every genre and overflowing with the world’s best beer. Prague is drenched in incomparable cathedrals, gardens, and cafes, lending its chapter perfectly to a jewel-toned palette.

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hong kong

lace bow/strap

12

underlay

Hong Kong is a vibrant and diverse metropolis south of China, Hong Kong’s biological father that Hong Kong doesn’t really hang out with anymore. Hong Kong’s thriving nightlife lends to a city glowing with neon colors. Hong Kong’s government even puts on regular LED light shows that span several skyscrapers along the Victoria Harbor. Hong Kong is a fast-paced, young, and fun melting pot where you can do everything from sun on the beaches of a remote fishing village to sip cocktails at the highest altitude of any bar on the planet. Hong Kong’s chapter is bold and bright, just like the city.


bow/strap

underlay

lace

aberdeen Aberdeen is Scotland’s third most populous city. Known throughout Scotland as the granite city, much of the town was built using silvery-grey granite hewn from the now abandoned Rubislaw Quarry. On a sunny day the granite lends an attractive glitter to the city, but when low, grey rain clouds scud in off the North Sea, it can be hard to tell where the buildings stop and the sky begins. In mid to late June it never gets really dark, with the sun setting after 10pm and rising at around 4am. These unusual traits inspired Aberdeen’s chapter of neutral, blushing palette.

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cinque terre

lace bow/strap

14

underlay

The Cinque Terre — as this stretch of five towns along the Italian Riviera is called — is located in northern Italy between Pisa and Genoa. It’s the lowbrow, underrated alternative to the French Riviera. There’s not a museum in sight, just sun, sea, sand (well, pebbles), wine, swimming, hiking, and pure, unadulterated Italy. While the Cinque Terre is now well discovered, Rick Steves, travel guide extraordinaire, says he’s never seen happier, more relaxed travelers. Its charming pastel architecture and leisurely culture inspired a soft, fresh color palette for this chapter.


chapter box

Our chapters arrive in specially designed drawer boxes with Libbi’s branding on top and a ribbon drawer pull on the front side. Inside, your chapter’s bralette, boyshort, cheeki, and thong will be wrapped in tissue paper designed for the current story. For the Transit story, the tissue paper will be printed with passport stamps in grayscale.

passport

Each box also contains your chapter’s literature as well. For the Transit story, this is a passport for each chapter’s city. The passport tells you the inspiration for that chapter, its contents, and briefs you on the other chapters in the story.

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corporate Initiatives

Libbi strives to deliver direct support to giving programs that we feel align with our values, and to give our clients the opportunity to do the same. Libbi partners with Women for Women International, a 501(c)(3) nonprofit organization which has helped nearly 420,000 marginalized women in countries affected by war and conflict. Women for Women works directly with women in 8 countries offering support, tools, and access to life-changing skills to move from crisis and poverty to stability and economic self-sufficiency. Women for Women brings women together in a safe space to learn life, business, and vocational skills. Once enrolled, each participant receives a monthly stipend – a vital support that enables her to participate. At checkout on Libbi.com, clients are given the option to donate to Women for Women in any dollar amount, including the ability to automatically give an amount equivalent to rounding up to the next dollar of their purchase. Libbi will give all donations directly to Women for Women without taking a cut. Libbi pledges to give no less than one percent of our annual net profit to any charity selected by votes from Libbi employees. Libbi is also a member of the Fair Labor Association, who we grant auditing access (applicable to any of our facilities, corporate offices included, or documents) at any time, regardless of advanced notice.

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code of conduct

Libbi focuses its Code of Conduct on resolving issues relevant to human rights (particularly in support of education for young people), women’s advancement, gender equality, and global sustainability. Child Labor Suppliers and contractors are prohibited from using child labor as defined by local laws and regulations. Irrespective of local law, our suppliers may not use workers younger than the age of 15 or the compulsory age to be in school. In areas which school is not compulsory, workers of school age will not be permitted to work overtime. Juvenile workers (ages 15-17) shall not perform work which, by its nature or the circumstances in which it is carried out, is likely to compromise their health, safety or morals. (ILO Convention 138 and 182) Forced or Involuntary Labor Suppliers and contractors are prohibited from using forced or involuntary labor, including prisoners, bonded or indentured workers. Acts of human trafficking are also prohibited. Suppliers are required to monitor any third party entity which assists them in recruiting or hiring employees, to ensure that people seeking employment at their facility are not compelled to work through force, deception, intimidation, coercion or as a punishment for holding or expressing political views. We will not purchase or utilize products from businesses utilizing forced or involuntary labor. (ILO Conventions 29, 105, 182) Disciplinary Actions and Harassment Every employee shall be treated with respect and dignity. No employee shall be subject to any physical, sexual, psychological or verbal harassment or abuse or to monetary fines or embarrassing acts as a disciplinary measure. Freedom of Association Suppliers and contractors must respect the rights of employees to associate freely, join organizations of their choice and bargain collectively without unlawful interference. All suppliers must develop and fully implement effective grievance mechanisms which resolve internal industrial disputes, employee complaints, and ensure effective, respectful and transparent communication between employees, their representatives and management. Nondiscrimination No person shall be subject to any discrimination in any aspect of the employment relationship including recruitment, hiring, compensation, benefits, work assignments, access to training and education, advancement, discipline, termination or retirement, on the basis of race, religious belief, color, gender, pregnancy, childbirth or related medical conditions, age, national origin, ancestry, sexual orientation, gender identification, physical or mental disability, medical condition, illness, genetic characteristics, family care, marital status, status as a veteran or qualified disabled veteran (in the USA only), caste, socio-economic situation, political opinion, union affiliation, ethnic group, illness any other classification protected under applicable law. All employment decisions must be made based on the principle of equal employment opportunity, and shall include effective mechanisms to protect migrant, temporary or seasonal workers against any form of discrimination. (ILO Conventions 100 and 111) Health and Safety Contractors and suppliers must provide workers with a safe and healthy work environment that complies with all applicable laws and regulations. Employees must have access to potable water and sanitary facilities, and all workplaces must have adequate fire safety, lighting and ventilation facilities. Residential facilities, if provided to workers, must also meet these requirements. Workers will be adequately trained to use any equipment relevant to their work. Employers must have an emergency response plan approved by Libbi that is written and communicated to workers in case of emergency. 17


Environment Contractors and suppliers must provide workers with a safe and healthy work environment that complies with all applicable laws and regulations. Employees must have access to potable water and sanitary facilities, and all workplaces must have adequate fire safety, lighting and ventilation facilities. Residential facilities, if provided to workers, must also meet these requirements. Workers will be adequately trained to use any equipment relevant to their work. Employers must have an emergency response plan approved by Libbi that is written and communicated to workers in case of emergency.

Environmental Benchmarks The following are in addition to adherence to all applicable laws.

Restricted Substances We define hazardous chemicals according to an intrinsic property approach and consider properties such as persistence, bioaccumulation, toxicity, carcinogenicity, mutagenicity, and toxicity to reproduction, endocrine disruption and equivalent concerns when assessing the risks associated with certain substances. Our Chemical Restrictions are as a minimum always based on the highest legal standard in any of our sales countries as well as on information from authorities, NGOs, and scientific reports. We apply a precautionary principle, meaning that we preventively restrict chemicals even where there is scientific uncertainty. Accordingly, our requirements usually go further than the law demands. The overall strategy is that chemical identified as hazardous should neither be used during production nor be detectable in our products.

Energy Consumption and Impact Measurement Monitoring and disclosure of energy consumption goals and realities must be reported annually. Annual goals for energy consumption and carbon footprint reduction must be established and met based on feasible standards per supplier. The factory shall have policies and procedures in place to ensure operations are in compliance with local and international environmental laws. Waste, Discharge, and Emissions Employers shall monitor and manage the wastes that are produced through operations. Facility will recycle whenever possible and properly dispose of these wastes in non-harmful manner to the environment. Any materials capable of being reclaimed must be put back to use. All biodegradable scraps must be disposed of in the designated compost center. Water treatment facilities and their usage is required before any discharge of water.

Inspection and Compliance Contractors and suppliers authorize Libbi and its authorized agents to engage in inspection activities to ensure compliance with this Code of Conduct. Such inspection activities may be unannounced or without prior notice, and may consist of reviews of applicable books and records as well as private interviews with workers. Contractors and suppliers must maintain on-site all documents and records required to confirm compliance with this Code of Conduct. Inspections may take place at the workplace environment, including the manufacturing facility, as well as employer provided housing and related facilities.

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Hours, Overtime and Compensation At minimum, contractors and suppliers shall comply with all applicable compensation laws and regulations including those relating to wages, overtime, hours, piece rates and benefits. All parties shall be paid a fair living wage defined by costs of the residing area, no less than local law requirements. A fair living wage is the amount that will cover a worker’s basic needs. This wage should be reviewed annually and negotiated with democratically elected trade unions. Overtime shall be paid at the rate not less than time and a half as compared to regular working hours, or local law requirements,


Benefits Contractors and suppliers shall provide workers with all benefits required by law or regulation including, if required, meals, transportation, health care, child care, and leave for medical, family, or religious reasons. Contractors and suppliers shall make contributions towards workers’ social security and insurance programs, as decreed by local law or Libbi standards, whichever is greater. All workers are entitled to sex education courses and access to contraceptives, as provided free of charge by Libbi, in the native language of the area it’s provided. Workers may spend up to two hours per month in an education course in lieu of labor without losing wages for the time spent. Legal Requirements Contractors and suppliers must comply with all laws and regulations applicable to apparel and related industries including local and national codes, treaties and industry standards relating to employment, health, safety and the environment. Contractors and suppliers must also comply with applicable United States laws and regulations relating to imported products including country of origin marking requirements, labeling requirements, and product and fabric testing requirements. These extensive inspections include a review of the safety of the workplace, the status of working hours and wage compliance and the overall treatment of the workers in the factory through interviews and observation. Prior to beginning any production, all prospective factories must be reviewed against our Code. Those who are unwilling or unable to comply are not awarded contracts with Libbi. Code Communication and Implementation Anonymous reporting will be available to all parties without fear or threat of reprimand or loss of employment. Availability of this service must be disclosed to all parties upon training, in their native languages, and locally accessible at multiple private points throughout the manufacturing and housing facilities. To encourage disclosure and illustrate our commitment to supportive relationships with our suppliers, we assure factories that the penalty of not showing accurate records would be far worse than any instances of non-compliance these records might reveal, and that we are committed to working with them to tackle problems that were detected. In the event of non-compliance, a plan agreement will be instituted, including provisions for duration allowed for resolution before Libbi would cease its relationship with the supplier(s). Subcontracting Libbi does not permit subcontracting for any reason, without exception.

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country selection

When selecting a country in which to manufacturer, we looked for more than just a large textile industry and low costs. We sought a country that offered stability in terms of political, social, and business, growth in textile industry and women’s empowerment, availability of raw materials, and ease of implementation of code of conduct.

sri lanka Sri Lanka is a small island located in the Indian Ocean over the southeast cost of India. Its growing textile and apparel industry is known for its open economic policy, environmentally-friendly practices, good working conditions, quality products, on-time delivery, and strong customer service. The nation has multiple factories that specialize in intimate apparel and manufacturer for multiple global intimate apparel brands such as Victoria’s Secret.

india India is the second largest textile manufacturer in the world with 63 percent of the world’s textile and apparel market share. It also produces 14 percent of the world’s textiles. The country has a large amount of skilled workers and abundant availability of raw materials, especially cotton, jute, and silk. Its factories are known for extremely quick turnaround and specialty dyeing, painting, and applique techniques. India’s textile and apparel industry is expected to continue growing exponentially.

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`thailand The Southeast Asian island of Thailand is one of the few nations in the world that has a fully integrated textile and apparel industry that is able to supply all parts of the industry chain. Out of all of its capabilities, Thailand’s textile and apparel industry is most noted for its eco-friendly silk and cotton production, and its innovative advancements. Due to these features, Thailand is a leader in the textile and apparel industry.

malaysia Located in Southeast Asia surrounded by four major bodies of water is the nation of Malaysia. It is noted for its stability, gender equality, and good minimum wage. Although its textile and apparel industry is small in comparison to its other industries and fellow nations, it is rapidly growing. The government has set up programs to advance and grow the garment sector.

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country ranking sri lanka business climate

Growing economy and predicted continued growth, Sri Lanka has entered the early stages of catching up with its more developed Asian neighbours. Conversion of $1 USD to 132.82 rupees 8

costs

Minimum wage of $0.32/ hour. Labor cots are low, though it is higher than in some other South Asian countries. ($0.005/ minute) 8

government

Shrinking apparel manufacturing industry in the nation. Occasional floods can cause delay. There have been 45 major floods in the past 32 years 8

social stability

Good. No current issues within the nation, making it an ideal country to source from

10 sourcing guidelines

Apparel manufacturers comprise nearly 90% of the textile/ apparel sector in Sri Lanka.

10 trade agreements

U.S and Sri Lanka Trade and Investment Framework Agreement (TIFA). 10

trained work force

total

Minimum wage of $0.28/hour with average industry wage of $1.46/hour ($0.024/minute) 10

8

8 Natural disasters pose heavy risks of delayed shipments - $1.5 billion in damages and 49 billion people affected annually, 1.6k people killed 7 Poor, severe issues with discrimination, marginalization, equal rights, corruption, and tense power plays. A shift in party power has lead to reform and will lead to more but the pace is slow. 7

Child labor is prohibited and is virtually nonexistent. The country’s Women are not empowered, child labor is prolific with reputation extends to ethical and environmentally friendly 12% of 5-14 y/o in labor force practices, and good working conditions. 10

textile industry

10

Very far. Only 1 major international seaport. Average transit time Very far. 13 major international seaports. Average to Savannah is 28 days. transit time of 37 days into Savannah 10

risks

Steadily growing, excellent government support, English-speaking. Conversion of $1 USD to $62 INR

Low government regulations is a key weakness. Recent transition Issues with corruption. Dissatisfied with current to a new leader may boost foreign investor confidence and start climate, but the situation is steadily improving of reforms needed to improve fiscal credibility. 8

location

india

The average worker has eight years of schooling. The labor market is small, with a limited pool of skilled workers. Engineering, accounting, legal, and architectural professions follow high standards, although local design talent is still underdeveloped

5 Largest of any other industry in the nation; Strong industry support from governing bodies, trade associations, agencies, and export promotion councils. and raw materials locally available 10 None. One in the works. Would reduce costs by 10% if it comes to fruition. 3 Highly skilled labor force. 2,675,000 new workers to enter apparel manufacturing facilities by 2017. Moderate literacy rate (63%)

8

10

90

78


thailand Instable government. The US dollar is strong against the Thai Baht benefiting foreign investment conversion of $1 USD to 33 THB 6 Minimum wage has increased significantly recently to 1.25 an hour (0.02/min). Yet the labor market is considered to be relatively free.

malaysia Very good. Has and is making a lot of progress. It is industrialized and stable, and has a booming economy. conversion of $1 USD to $4 MYR 8 Very expensive. one of the highest minimum wage in Southeast Asia at $1.24 USD/hour ($0.02/minute)

10

10

Vulnerable to political instability an corruption. Military seized power as of May 22, 2014

Has a parliamentary government with a constitutional monarchy that is currently stable.

5

10

Very Far. 7 major international seaports. Average transit time to Savannah is 36 days.

Very far. 25 major international seaports. Average transit time to Savannah is 33 days.

7

9

Unstable political environment risks delays in import export regulations. Shortage of skilled workers may cause low quality. Severe flooding, droughts and lack of infrastructure causes risks of delayed shipments.

Occasional droughts, floods, landslides and cyclones may cause delays. Risk of worker related issues due to the large income gap, and unrest in this multi ethnic society.

5

8

Current split between the “Red shirts” or rural workers, and “Yellow shirts” upper middle class, pose a risk of civil war

5 This is a major concern as the nation is known for sex discrimination and sex trafficking. 3 One of the few countries with capabilities to supply the entire textile industry chain as raw materials also available here. Innovative textile research in Thailand

10 No trade agreements with the United States. 0 Poor quality of education and lack of skilled workers.

Stable, but need to be on the lookout for fundamentalist Muslims and unrest between ethnic groups and classes.

8 There are multiple laws in place, but need to be on the lookout for violations. 5 Developing with the assistance of the government but there are no raw textile materials native to the region

7 No Free Trade Agreements with the U.S. Both countries are part of the TPP, a proposed trade agreement. 3 Good education system with a 93.8% literacy rate. Growing number of skilled workers.

3

5

54

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supplier selection The key features we look for in suppliers are transparency, innovation, an ethical and environmentally friendly corporate social responsibility, reputable clients, employee benefits, and the ability to produce quality intimate apparel. We want suppliers that could not only meet are production needs, but our values and code of conduct as well.

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brandix Sri Lanka has many suppliers that are transparent, produce quality intimate apparel, and has global clients. We narrowed the country’s many suppliers down to three important manufacturers: MAS Holdings, Brandix Lanka Limited, and Polytex Garment Ltd. This selection was then narrowed to MAS Holdings and Brandix due to the fact that they are more transparent than Polytex. After deliberation, we chose Brandix because it is a member of LEED, has outstanding CSR, is the largest end-to-end apparel solutions provider in the country, has several highly reputable clients, offers many employee benefits, and pays its employees a living wage.

high group There are multiple Thai suppliers that provide excellent intimate apparel manufacturing. The three we chose were Parisa, Hi Group, and Intimate Fashion. These three were chosen because they are three of the largest apparel manufacturers in the country. We then narrowed the suppliers down to High Group and Intimate Fashion, as Parisa is not as transparent as the others. The supplier we resolutely comfirmed is High Group. High Group was chosen for two main reasons. One, High Group has several global, reputable intimate apparel clients, including Target, Hanes, and Calvin Klein. Two, High Group has received awards from both Nike and Target, which are large companies with CSR we admire.

primex Out of the four selected countries, India had the most suppliers that offered what we were looking for. The top three suppliers we chose were Primex, Genus Apparel, and Madura Fashion and Lifestyle. All three suppliers offered quality products, had a strong corporate social responsibility, and manufactured for many big brands. This was narrowed down to Primex and Madura Fashion and Lifestyle, which was furthered tapered to Madura Fashion and Lifestyle. Madura is ultimately the best choice for its superlative CSR, premium clients, awards, focus on sustainable product innovation, and effort to provide the highest quality life for its employees.

whitex garments Out of the selected countries, Malaysia offered the least number of textile and apparel factories that specialized in intimate apparel. Therefore, the three suppliers chosen – Whitex Garments Sdn. Bhd., Esquel Malaysia Sdn. Berhad, and K.N. Lee Knitting Industries Sdn. Bhd. – were chosen for their history of manufacturing intimate apparel. Whitex Garments and Esquel were better fits of the three. They are most attractive because of their reputation, clients, and quality. Between Whitex Garments and Esquel, we decided on Whitex Garments. Whitex Garments is one of Malaysia’s largest producers of intimate apparel. They emphasize the use of technology, have a notably positive reputation, and have multiple global intimate apparel clients, including Hanes Her Way, Bali, and Renerofe. They also comply with the Worldwide Responsible Apparel Production. 25


supplier rankings abilities

sri lanka Mas Holdings

Brandix Lanka Ltd

Polytex Garment Ltd.

Primex

Genus Apparel

Madura F&L

Intimate apparel, performance wear and swim wear

Casual bottoms, intimate and active wear, woven and knitted fabrics and accessories

Full service apparel and accessories manufacturer of all categories.

Full service apparel manufacturer of all categories.

High fashion knits for men, women, and kids

Premium branded apparel for men and women, specialized in tailored menswear

10

10

10

10

10

Excellent, on average 25,000 pieces per day with a Lead time of 30-40 days.

Good, 100,000 garments per month with over 500 workers. Work with 8 customers at about 4 shipments per month.

Extremely high. Works with highlevel and volume clients. Exclusive network of more than 1,500 premium multi-brand stores, and 320+ department stores

Cap acity

Extremely high, produced160 million pieces in an average year while working with 24 different companies

quality

Excellent

Extremely high, Sri Lanka’s largest end-toend apparel provider. with over 47,000 employees. Work with 59 customers with as many as 60 shipments per month.

10

10

clients

sourcing guidelines

services offered

10

Good, high capacity due to its vertical integration and global scale manufacturing. Work with 29 different US customers with about 20 shipments per month with 1200 employees.

10

Excellent

5

Excellent 10

Victoria’s Secret, Gap, Nike, A&E, Armani, Marks & Spencer, Express La Senza, GAP, Soma, DBA, H&M, Calvin Klein, Spanx, Athleta

7

Excellent

3

Excellent

10

Excellent

10

10

10

A&F, Banana Republic, Brooks Brothers, ESPRIT, Hugo Boss, J.Crew, Kohls, Lacoste, Marks & Spencer, Nautica, Nike, Ralph Lauren, Tommy Hilfiger

Disney, Inditex, Desigual, Santex, Sorbo Fashion,

Desigual, Urban Outfitters, Quiksilver, Prana, Bass Pro, Woolrich, United Colors of Benetton

10

Louis Philippe, Van Heusen, Allen Soy, Peter England, People, Planet Fashion, The Collective

10

10

10

10

10

5

Awards for: “Best Innovative Model for CSR at JASTECA Awards” from Eco and Beyond. Awarded “Best Corporate Citizen Sustainability Award 2014” by the Ceylon Chamber of Commerce

Social Agenda includes a resolute stance on gender equality, nondiscriminatory practices, prevention of child labor and employment of the differently-able. Other benefits include welfare schemes that cover meals, transport, health medical etc. Achieved a LEED Platinum-rated eco-friendly status.

CSR is deeply-rooted in the company. Has Civil Society engagements with the United National Global Compact, Textile Change, Fair Labor Association, Institute of Public and Environmental Affairs, Shan Shui Conservation Center, Asia Business Council, Earth Pledge, etc. Also has a foundation for children’s education - The Esquel-Y. L. Yang Education Foundation.

Child and forced labor strictly prohibited with a zero tolerance policy. - 18 years or older only. Harassment, legal and human rights enforced, equal opportunity employer. Fire drill training, first aid receptacles, clean water available for drinking, freedom of association and collective bargaining, no abusive discipline, max work week of 48 hours, living wage minimum.

Carbon Footprint Initiative, charitable giving, excellent employee benefits (including healthcare), emphasis on safe and hospitable work environment and social accountability

Promotes CSR initiatives in sustainability, disabled persons empowerment, charitable giving, community involvement, education, and healthcare for workforce, excellent corporate culture.

10

10

10

7

8

8

MAS Intimates’ innovations offers green product solutions for customers through a combination of recycled materials, fabrics, trims and greener processes 8

strategic outlook

india

Goals of developing more CSR initiatives

One of the world’s leading washing, dyeing and finishing facilities. Finishes include tinting, tie-and-dye, dip-dyes, and special finishes such as sandblasting, whiskering, permanent creasing and laser blasting. 10

Future goals are to bring prices down, crash lead times, and achieve flawless execution in terms of on-time delivery whilst offering a ‘Best Price’ proposition.

Spinning, weaving, dyeing, manufacturing, packaging and retailing. Technique finishings such as wrinkle-free and nano-technology performance qualities.

6

Progressive in terms of production and CSR.

Merchandising, design and development, 36 quality control agents, in-house labs, commercial teams ensures accurate documents, sample unit.

5

Excellent CSR goals and successes with a history of award-winning services. Received certification from Disney, SedEx, BSCI, and OEKOTEX.

Marketing, merchandising, production sampling, designing, product development, shipping, logistics, financing,Computer embroidery, hand work, prints, washers 5

Growing and developing more CSR initiatives and increasing goals

Specialty ecofriendly and innovative fabrics developed in house

4

Its clients and innovations demanded by them have lead the way to an impressive and diverse portfolio of awards and accolades.

5

10

7

8

6

6

total

63

70

58

57

52

53

average

9

10

8

8

7

8


thailand

malaysia

Parisa

High Group

Intimate Fashion

Whitex Garments

Esquel Malaysia Sdn.

K.N. Lee Knitting Ltd.

Ladies Swim wear, and Lingerie

Sportswear, Childrenswear, Underwear

Men’s and Women’s Underwear and Lingerie

Men’s and Women’s undergarments and sleepwear.

Men’s and Women’s underwear and premium cotton shirts.

Women’s underwear, bras, camisoles, singlets, tops, and sleepwear. Men’s underwear, tops.

10

Low, they ship to 4 large national chain retailers at about 3 shipment per month and have 400 factory employees

10

Extremely high, work with 30 different US customers with as many as 20 shipments in a month with 4,000 factory employees

3

Average Target Stores, Tommy Bahama, Aft Apparel International Inc.

7

WRAP certified, no other information found

5

Not specified, although known to be able to accomplish swimwear and lingerie in general

Good, work with 14 US customers with as many as 10 shipment per month with 800 factory employees

6

Excellent 5

10

Jockey, Hanes, Target, Perry Ellis, Calvin Klein

7

Awards from Nike for “outstanding performance & service 2005” and Award from Target for “Partner of Excellence 2011”

8

Embroidery, laser cut, auto cut, heat transfer machine, and automatic printing

High capacity. work with 52 different US customers usually 17 shipments per month with 450 factory employees

4

Good 10

10

Maidenform, Hanesbrand, La Joila Sport USA

7

WRAP certified, fully air conditioned, “stress the need of well maintained sanitary facilities, fire safety, adequate lighting and ventilation, storage and proper disposal of hazardous materials”

High capacity due to its vertical integration and global scale manufacturing.

4

Excellent 7

10

Hanes Her Way, Bali, Renerofe, Fred is Red.

5

Certification of Compliance - B Level from Worldwide Responsible Apparel Production.

Low, work with 10 different US customers with about 4 shipments per month with 300 employees

5

Excellent. 10

10

3

Good 10

Marks & Spencer, Kohl’s, Ralph Lauren, Land’s End, Hugo Boss, Banana Republic, Nike, Tommy Hilfiger, Lacoste, Nautica, A&F, Nike 10

CSR is deeply-rooted in the company. Has Civil Society engagements with the United National Global Compact, Textile Change, Fair Labor Association, Institute of Public and Environmental Affairs, Shan Shui Conservation Center, Asia Business Council, Earth Pledge, etc. Also has a foundation for children’s education - The Esquel-Y. L. Yang Education Foundation.

7

H. Best Ltd., Hub Distributing Inc.., Ben Elias Industries Corp.

5

Reputable and dependable. Is a member of Cotton USA Supply Chain Marketing Program.

5

5

10

5

Research and Development department, CAD technology, and a quality control department

Has a Merchandising Department, Purchasing Department, Quality Assurance and Sampling Department, Product Department (Manufacturing), Shipping Department, and Accounts/Finance Department.

Textile and apparel manufacturing. Spinning, weaving, dyeing, manufacturing, packaging and retailing.

Fabric production: such as french terry mini, jaquard, interlock, interlock mini, lacoste. lycra single jersey, pique, rib, jersey, etc.

5

5

5

3

3

4

Not enough information provided although they claim to be a leading manufacturer of intimates and sleep apparel.

Have a commitment to strive for improvement and excellence as a whole to “serve and work for the benefit of every stakeholder.”

3

3

4

5

5

4

36

39

42

44

55

37

5

6

6

6

8

5

Commitment to clients means they will be willing to meet libbi’s goals

Focuses on technology, efficiency and delivery to grow the company and exceed customer requirements.

Progressive in terms of production Have become and are and CSR. continuing to be a reputable and dependable manufacturer.


sri lanka Materials Fabrics

Price per Yards

Piece per Yard

Total Cost per Piece

Molded padding inserts (100% rayon from bamboo)

$0.18

2

$0.36

Lace (95% silk, 5% spandex)

$12.00

16

$0.75

Underlay (100% silk jersey)

$7.00

55

$0.13

Thread (100% silk)

$0.001

6

$0.000

Subtotal

$1.237

Components

Price per Component Underbust cord (100% elastic channeling)

# of Components

Total Cost per Piece

$0.01

1

Strap (100% silk over 100% elastic channeling)

$0.02

2

$0.04

Sliding clip (nylon coated metal)

$0.003

2

$0.006

J-hook jump ring (nylon coated metal)

$0.003

1

$0.003

Jump ring (nylon coated metal)

$0.003

1

$0.003

Care label - perforated (100% silk)

$0.01

1

$0.01

Libbi label with size - perforated (100% silk)

$0.01

1

$0.01

Subtotal

$0.082

Total Labor

$0.01

$1.32 # of Minutes

Wage/Minute (SRL)

Total Cost (SRL)

Pattern making

0.001

$0.01

Grading

0.001

$0.01

Marking

0.001

$0.01

Cutting

0.005

$0.05

$10.00

0.005

$0.05

$0.03

0.005

$0.000

Sewing Pre-Packing Total Packing

$0.12 Cost per Piece

Cost per Box

Total Cost per Piece

Cartons

$0.05

Tape

$0.01

$0.01

Labels

$0.06

$0.06

Poly film

$0.001

$2.00

$0.048

$0.05

$0.001

Total

$0.12

GRAND SUBTOTAL

$1.56

Based on 210k pieces

$327,400.37 Based on above value for 210k pieces

Other Freight + Insurance Duty Broker GRAND SUBTOTAL GRAND TOTAL PER PIECE

28

Cost per Shipment (yr) Total Cost per Piece $4,523.46

$0.022

$641,341.70

$3.054

$2,100.00

$0.010

$647,965.16

$3.09

$4.64


thailand

malaysia

Total Cost per Piece

Total Cost per Piece

Total Cost per Piece

$0.36

$0.36

$0.36

$0.75

$0.75

$0.75

$0.13

$0.13

$0.13

$0.000

$0.000

$0.000

$1.237

$1.237

$1.237

Total Cost per Piece

Total Cost per Piece

$0.01

Wage/Minute (IND)

Total Cost per Piece

$0.01

$0.01

$0.04

$0.04

$0.04

$0.006

$0.006

$0.006

$0.003

$0.003

$0.003

$0.003

$0.003

$0.003

$0.01

$0.01

$0.01

$0.01

$0.01

$0.01

$0.082

$0.082

$0.082

$1.32

$1.32

$1.32

Total Cost (IND)

Wage/Minute (THL)

Total Cost (THL)

Wage/Minute (MAL)

Total Cost (MAL)

0.002

$0.01

0.002

$0.01

0.002

$0.01

0.002

$0.01

0.002

$0.01

0.002

$0.01

0.002

$0.01

0.002

$0.01

0.002

$0.01

0.024

$0.05

0.021

$0.05

0.021

$0.05

0.024

$0.24

0.021

$0.21

0.021

$0.21

0.024

$0.001

0.021

$0.001

0.021

$0.001

$0.31

$0.27

Total Cost per Piece

$0.27

Total Cost per Piece

Total Cost per Piece

$0.05

$0.05

$0.05

$0.01

$0.01

$0.01

$0.06

$0.06

$0.06

$0.001

$0.001

$0.001

$0.12

$0.12

$0.12

$1.75

$1.71

$1.71

$367,420.07

$360,048.02

$359,696.97

Based on above value for 210k pieces

Based on above value for 210k pieces

Based on above value for 210k pieces

Cost per Shipment (yr) Total Cost per Set

Cost per Shipment (yr) Total Cost per Set

Cost per Shipment (yr) Total Cost per Set

$4,615.48

$0.022

$6,336.49

$0.030

$5,807.82

$0.028

$617,141.82

$2.939

$607,641.86

$2.894

$607,189.48

$2.891

$2,100.00

$0.010

$2,100.00

$0.010

$2,100.00

$0.010

$623,857.30

$2.97

$616,078.35

$2.93

$615,097.30

$2.93

$4.72

bralette costing

4

india

$4.65

$4.64

29


sri lanka Materials Fabrics

Price per Yards

Piece per Yard

Total Cost per Piece

Lace (95% silk, 5% spandex)

$12.00

18

$0.67

Underlay (100% silk jersey)

$7.00

247

$0.03

Thread (100% silk)

$0.001

3

$0.000

Subtotal Components

$0.70 Price per Component

# of Components

Total Cost per Piece

Care label - perforated (100% silk)

$0.01

1

$0.01

Libbi label with size - perforated (100% silk)

$0.01

1

$0.01

Subtotal

$0.02

Total Labor

$0.72 # of Minutes

Wage/Minute (SRL)

Total Cost (SRL)

Pattern making

0.000

$0.01

Grading

0.000

$0.01

Marking

0.000

$0.01

Cutting

0.002

$0.05

Sewing

$3.00

0.005

$0.02

Pre-Packing

$0.03

0.005

$0.000

Total Packing

$0.08 Cost per Piece

Cost per Box

Total Cost per Piece

Cartons

$0.05

Tape

$0.01

$0.01

Labels

$0.06

$0.06

Poly film

$0.001

$2.00

$0.048

$0.05

$0.001

Total

$0.12

GRAND SUBTOTAL

$0.92

Based on 210k pieces

$4,523.46 Based on above value for 210k pieces

Other Freight + Insurance Duty Broker GRAND SUBTOTAL GRAND TOTAL PER PIECE

30

Cost per Shipment (yr)Total Cost per Piece $4,523.46

$0.022

$641,341.70

$3.054

$2,100.00

$0.010

$647,965.16

$3.09 $4.00


india

thailand

malaysia

Total Cost per Piece

Total Cost per Piece

$0.75

$0.75

$0.75

$0.13

$0.13

$0.13

$0.000

$0.000

$0.000

$0.70

$0.70

$0.70

Total Cost per Piece

Total Cost per Piece

$0.01

$0.01

$0.01

$0.01

$0.01

$0.01

$0.02

$0.02

$0.02

$0.72 Wage/Minute (IND)

Total Cost per Piece

Total Cost (IND)

$0.72

Wage/Minute (THL)

Total Cost (THL)

$0.72

Wage/Minute (MAL)

Total Cost (MAL)

0.001

$0.01

0.001

$0.01

0.001

$0.01

0.001

$0.01

0.001

$0.01

0.001

$0.01

0.001

$0.01

0.001

$0.01

0.001

$0.01

0.007

$0.05

0.006

$0.05

0.006

$0.05

0.024

$0.07

0.021

$0.06

0.021

$0.06

0.024

$0.001

0.021

$0.001

0.021

$0.001

$0.14 Total Cost per Piece

$0.13 Total Cost per Piece

$0.13 Total Cost per Piece

$0.05

$0.05

$0.05

$0.01

$0.01

$0.01

$0.06

$0.06

$0.06

$0.001

$0.001

$0.001

$0.12

$0.12

$0.12

$0.98

$0.96

$0.96

$4,615.48

$6,336.49

$5,807.82

Based on above value for 210k pieces Cost per Shipment (yr)Total Cost per Set

Based on above value for 210k pieces

Based on above value for 210k pieces

Cost per Shipment (yr) Total Cost per Set

Cost per Shipment (yr) Total Cost per Set

$4,615.48

$0.022

$6,336.49

$0.030

$5,807.82

$0.028

$617,141.82

$2.939

$607,641.86

$2.894

$607,189.48

$2.891

$2,100.00

$0.010

$2,100.00

$0.010

$2,100.00

$0.010

$623,857.30

$2.97

$616,078.35

$2.93

$615,097.30

$2.93

$3.95

boyshort costing

Total Cost per Piece

$3.90

$3.89

31


sri lanka Materials Fabrics

Price per Yards

Piece per Yard

Total Cost per Piece

Lace (95% silk, 5% spandex)

$12.00

22

$0.55

Underlay (100% silk jersey)

$7.00

247

$0.03

Thread (100% silk)

$0.001

3

$0.000

Subtotal Components

$0.57 Price per Component

# of Components

Total Cost per Piece

Care label - perforated (100% silk)

$0.01

1

$0.01

Libbi label with size - perforated (100% silk)

$0.01

1

$0.01

Subtotal

$0.02

Total Labor

$0.59 # of Minutes

Wage/Minute (SRL)

Total Cost (SRL)

Pattern making

0.000

$0.01

Grading

0.000

$0.01

Marking

0.000

$0.01

Cutting

0.002

$0.05

Sewing

$3.00

0.005

$0.02

Pre-Packing

$0.03

0.005

$0.000

Total Packing

$0.08 Cost per Piece

Cost per Box

Total Cost per Piece

Cartons

$0.05

Tape

$0.01

$0.01

Labels

$0.06

$0.06

Poly film

$0.001

$2.00

$0.048

$0.05

$0.001

Total

$0.12

GRAND SUBTOTAL

$0.80

Based on 210k pieces

$327,400.37 Based on above value for 210k pieces

Other Freight + Insurance Duty Broker GRAND SUBTOTAL GRAND TOTAL PER PIECE

32

Cost per Shipment (yr)Total Cost per Piece $4,523.46

$0.022

$641,341.70

$3.054

$2,100.00

$0.010

$647,965.16

$3.09 $3.89


india

thailand

malaysia

Total Cost per Piece

Total Cost per Piece

$0.75

$0.75

$0.75

$0.13

$0.13

$0.13

$0.000

$0.000

$0.000

$0.57

$0.57

$0.57

Total Cost per Piece

Total Cost per Piece

$0.01

$0.01

$0.01

$0.01

$0.01

$0.01

$0.02

$0.02

$0.02

$0.59 Wage/Minute (IND)

Total Cost per Piece

Total Cost (IND)

$0.59

Wage/Minute (THL)

Total Cost (THL)

$0.59

Wage/Minute (MAL)

Total Cost (MAL)

0.001

$0.01

0.001

$0.01

0.001

$0.01

0.001

$0.01

0.001

$0.01

0.001

$0.01

0.001

$0.01

0.001

$0.01

0.001

$0.01

0.007

$0.05

0.006

$0.05

0.006

$0.05

0.024

$0.07

0.021

$0.06

0.021

$0.06

0.024

$0.001

0.021

$0.001

0.021

$0.001

$0.14 Total Cost per Piece

$0.13 Total Cost per Piece

$0.13 Total Cost per Piece

$0.05

$0.05

$0.05

$0.01

$0.01

$0.01

$0.06

$0.06

$0.06

$0.001

$0.001

$0.001

$0.12

$0.12

$0.12

$0.85

$0.84

$0.84

$367,420.07

$360,048.02

$359,696.97

Based on above value for 210k pieces Cost per Shipment (yr)Total Cost per Set

Based on above value for 210k pieces

Based on above value for 210k pieces

Cost per Shipment (yr) Total Cost per Set

Cost per Shipment (yr) Total Cost per Set

$4,615.48

$0.022

$6,336.49

$0.030

$5,807.82

$0.028

$617,141.82

$2.939

$607,641.86

$2.894

$607,189.48

$2.891

$2,100.00

$0.010

$2,100.00

$0.010

$2,100.00

$0.010

$623,857.30

$2.97

$616,078.35

$2.93

$615,097.30

$2.93

$3.82

cheeki costing

Total Cost per Piece

$3.77

$3.77

33


sri lanka Materials Fabrics

Price per Yards

Piece per Yard

Molded padding inserts (100% rayon from bamboo)

$0.18

Lace (95% silk, 5% spandex) Underlay (100% silk jersey) Thread (100% silk)

Total Cost per Piece 2

$0.36

$12.00

16

$0.75

$7.00

55

$0.13

$0.001

6

$0.000

Subtotal

$1.24

Components

Price per Component

# of Components

Total Cost per Piece

Underbust cord (100% elastic channeling)

$0.01

1

$0.01

Strap (100% silk over 100% elastic channeling)

$0.02

2

$0.04

Sliding clip (nylon coated metal)

$0.003

2

$0.006

J-hook jump ring (nylon coated metal)

$0.003

1

$0.003

Jump ring (nylon coated metal)

$0.003

1

$0.003

Care label - perforated (100% silk)

$0.01

1

$0.01

Libbi label Wwith size - perforated (100% silk)

$0.01

1

$0.01

Subtotal

Total Labor

$0.082

# of Minutes

$1.32 Wage/Minute (SRL) Total Cost (SRL)

Pattern making

0.001

$0.01

Grading

0.001

$0.01

Marking

0.001

$0.01

Cutting

0.005

$0.05

$10.00

0.005

$0.05

$0.03

0.005

$0.000

Sewing Pre-Packing

Total Packing Cartons

$0.12 Cost per Piece

Cost per Box $0.05

Total Cost per Piece $2.00

$0.05

Tape

$0.01

$0.01

Labels

$0.06

$0.06

Poly film

$0.001

$0.048

Total GRAND SUBTOTAL

$0.001

$0.12 $1.56

Based on 210k pieces

$327,400.37 Based on above value for 210k pieces

Other Freight + Insurance Duty Broker

GRAND SUBTOTAL GRAND TOTAL PER PIECE

34

Cost per Shipment (yr) Total Cost per Piece $4,523.46

$0.022

$641,341.70

$3.054

$2,100.00

$0.010

$647,965.16

$3.09 3.84


india

thailand

Total Cost per Piece

Total Cost per Piece

$0.36

$0.36

$0.36

$0.75

$0.75

$0.75

$0.13

$0.13

$0.13

$0.000

$0.000

$0.000

$1.24

$1.24

$1.24

Total Cost per Piece

Total Cost per Piece

$0.01

$0.01

$0.01

$0.04

$0.04

$0.04

$0.006

$0.006

$0.006

$0.003

$0.003

$0.003

$0.003

$0.003

$0.003

$0.01

$0.01

$0.01

$0.01

$0.01

$0.01

$0.082

$0.082

$0.082

$1.32 Total Cost (IND) Wage/Minute (THL)

$1.32 Total Cost (THL) Wage/Minute (MAL)

$1.32 Total Cost (MAL)

0.002

$0.01

0.002

$0.01

0.002

$0.01

0.002

$0.01

0.002

$0.01

0.002

$0.01

0.002

$0.01

0.002

$0.01

0.002

$0.01

0.024

$0.05

0.021

$0.05

0.021

$0.05

0.024

$0.24

0.021

$0.21

0.021

$0.21

0.024

$0.001

0.021

$0.001

0.021

$0.001

$0.31 Total Cost per Piece

$0.27

$0.27

Total Cost per Piece

$0.05

Total Cost per Piece

$0.05

$0.05

$0.01

$0.01

$0.01

$0.06

$0.06

$0.06

$0.001

$0.001

$0.001

$0.12 $1.75

$0.12 $1.71

$0.12 $1.71

$367,420.07

$360,048.02

$359,696.97

Based on above value for 210k pieces Cost per Shipment (yr) Total Cost per Set

Based on above value for 210k pieces Cost per Shipment (yr) Total Cost per Set

Based on above value for 210k pieces Cost per Shipment (yr)

Total Cost per Set

$4,615.48

$0.022

$6,336.49

$0.030

$5,807.82

$0.028

$617,141.82

$2.939

$607,641.86

$2.894

$607,189.48

$2.891

$2,100.00

$0.010

$2,100.00

$0.010

$2,100.00

$0.010

$623,857.30

$2.97

$616,078.35

$2.93

$615,097.30

$2.93

$3.78

thong costing

Total Cost per Piece

Total Cost per Piece

Wage/Minute (IND)

malaysia

$3.73

$3.73

35


line plan S/S CHAPTER

SUMMER

JAN

FEB

MAR

F/W APR

MAY

JUN

JUL

HOLIDAY AUG

SEP

OCT

NOV

DEC

TOTAL

Retail

Retail

Per Unit Total

36

Hong Kong

160

160

Cinque Terre

320

2560

Prague

1600

3040

Aberdeen

2000

640

4080

6400

640

640 2800 2800 1200

1600

1520

80

160

240 12000

$52.00

$624,000.00

800

640

400

2400

2480

400

400

800 16000

$52.00

$832,000.00

480

640

480

2400 3200 1200

4000 5600 24000

$52.00 $1,248,000.00

800 2000 2400 2000

960

4400

4000

$52.00 $1,664,000.00

3200 1600 800

560

5200 2400

5440 4800 6480 6080 3040 10800 12400 4080

5200 32000

8560 11840 84000

$52.00

$4,368,00.00


Cost

Cost

Margin

Margin %

Per Unit Total $16.37

$196,440.00

$35.63

68.52%

$16.37

$261,920.00

$35.63

68.52%

$16.37

$392,880.00

$35.63

68.52%

$16.37

$523,840.00

$35.63

68.52%

$16.37 $1,375,080.00

$35.63

68.52%

$16.27

$195,240.00

$35.73

68.71%

$16.27 $260,320.00

$35.73

68.71%

$16.27 $390,480.00

$35.73

68.71%

$16.27

$520,640.00

$35.73

68.71%

$16.27 $1,366,680.00

$35.73

68.71%

$16.05

$192,600.00

$35.95

69.13%

$16.05 $256,800.00

$35.95

69.13%

$16.05 $385,200.00

$35.95

69.13%

$16.05

$513,600.00

$35.95

69.13%

$16.05 $1,348,200.00

$35.95

69.13%

$16.03

$192,360.00

$35.97

69.17%

$16.03

$256,480.00

$35.97

69.17%

$16.03

$384,720.00

$35.97

69.17%

$16.03

$512,960.00

$35.97

69.17%

$16.03 $1,356,520.00

$35.97

69.17%

sri lanka

india

thailand

malaysia

37


sourcing strategy

Libbi has a diversified sourcing strategy to ensure quality and productivity, and to reduce risk. Libbi will make annual orders to each of our four suppliers, starting with 840,000 total units the first year. Each supplier will receive an order of 210,000 units, with one fourth of this volume dedicated to each chapter. In other words, each supplier will manufacture a quarter of the total product needed. This way, all suppliers all capable of creating any necessary merchandise. Because each chapter is available all year round, with fluctuation in quantity based on seasonal changes, annual orders are a necessity for constant fulfillment. Our country selections support our need for locally-derived, sustainable raw materials, such as silk and bamboo, as well as our requirements in terms of margins. The suppliers we have chosen can ensure expedience, quality, and consistency we demand, and provide value-added services that will enable Libbi as we innovate and grow. But, our selection went far beyond these measures. Corporate social responsibility is of the utmost important to us at Libbi, with our aims high but achievable and with growing goals for the future. Our selections of countries and suppliers not only align with our code of conduct but also will or do support our CSR initiatives and global values. We are proud to be fully transparent about every aspect of our company, including those with whom we partner.

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alyssa buettner | alena dubik | hana hyman | brittany stafford 40

savnannah college of art and design | global sourcing fasm 420


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