garco 10's profile

www.garco10.com.vn"… be the permanent affirmation of class"

IntroductionGarment 10 Corporation – JSC (Garco10) headquartered in Hanoi - Vietnam was established in 1946The company is one of the leading manufacturer and exporter in garment field worldwide

Garco10 has been successfully invested in some other businesses:

Garment ExportingGarment

Manufacturing

www.garco10.com.vn

Garco 10 offers wide range of business services in accordance with customers’ satisfaction

Business services:CM (Cut &Make)OEM (Original Equipment

Manufacturing)ODM (Original Design

Manufacturing)OBM (Original Brand

Manufacturing)

Core competencies:High Product QualityOn Time DeliveryHigh ProductivityProficient WorkmanshipStable Supply Chain

Supply chain

Marketing

Main service

Key elements of ODM,

OEM


Garco10’s mile stonesOver 70 years of development, Garco10 has created reputable fame and trust in business customer worldwide. Currently, the company offers wide range of services including CM, OEM, ODM, OBM.

2014Garco 10 - JSC is one of the leading garment manufacturer and exporter worldwide

2010 - 18 Factories-Changed into Garment 10

Corporation - JSC (Garco 10 - JSC)

2005 -11 Factories- Changed into "Garment 10 JSC"

1992 - 10 Factories- Changed into "Garment 10 Company"

1961 - 4 Factories- Renamed to "Garment 10 Factory" under Ministry of Light Industry

1956 - 3 Factories- Moved from Viet Bac to Hanoi. Merged all plants to "Garment 10 Plant"

1946 - 2 FactoriesEstablished the first factory in Viet Bac 1 Factory


Key Information

Main Business Areas : Garment Manufacturer and ExporterMain Products : Woven Garments (Tops and Bottoms) Main Services : CM, OEM & ODM Main markets : USA, EU, JapanManaging system : SA8000, ISO9001, ISO14000, C-TpatNumber of factories : 18 Total labor : 12,000Turnover 2014 : USD 110 MillionsGrowth rate : 20%


Financial Capacity

• Turnover 2014: USD 110 Millions• 80% from export.• 15% from local market.• 5% from financial activities

80%

15% 5%

Turnover

Exports Domestic Others

www.garco10.com.vn

Garco 10 specializes in Woven Garment for Men, Women and Children with diversified choices.

75%

20%

5%

Product categories

Men

Women

Children

For men: Shirt, Trousers / Pants, Short, Suit, Jacket,…

For women: Dress, Shirt, Jacket, Pants, Skirt…

For children: Shirt, Jacket,…

Product range


Main market

45%

40%

10%

Market Product PortionsUSA EU Japan Others

Garco10 has reached the market needs in US, EU, Japan and some other markets.


EU PARTNERS & END BUYERS


US PARTNERS & END BUYERS


Japanese partners


Product Quality AssuranceGarco10 guarantees International quality

standards*Managing systemSA8000, ISO9001, ISO14000, C-TPat


*Awards

International Asia Pacific

Quality

The Golden prize of Vietnam national

Quality

Integration and Development

Enterprise

Prestigious Export Enterprise

The Brand and Trademark

Vietnam High Quality Goods

Vietnam Gold Star Vietnam Famous Brand

Outstanding Apparel Enterprise


Product Capacity

Jacket/Coat300,000

Shirts1,500,000

Pants500,000

Suits150,000

ItemPcs/Month

Garco10 has great production capacity with 18 factories producing over 30 million units per year.


Sampling Capacity

Garco10 has great sampling capacities:

R&D DEPARTMENT

• Area: 2000 m2

• Staffs: 200• Capacity:

2000 pcs/ month

TECHNICAL DEPARTMENT

• Area: 150 m2• Staffs: 60• Capacity:

300 pcs/ month

DESIGN DEPARTMENT

• Area: 150 m2• Staffs: 58• Capacity: 300

styles/ month


Advanced technology

Hanger system

Shoulder press machine

Sleeve setting machine

Lapel blind stitch sewing machine

We invest in modern machinery and equipment to improve production efficiency and effectiveness.


We invest in modern machinery and equipment to improve production efficiency and effectiveness.

Armhole pressing machine

Cuff automatic sewing m/c

Lapel press machine

Advanced technology


Garco10’s network


Opportunities & challenges

3/3/1618

www.garco10.com.vn

"… be the permanent affirmation of class"19

Opportunities: Tariff preferences Increased profit margins Increased export scale Attract investment for perfection of

supply chains New market development Strengthened corporate governance

capacity Uplifted movement of global supply

chains

Challenges: The added value in garment exports was

still limited Depend on the imported material ( With

Asean FTA, the request of the CO original is main material, TPP request “yarn forward”

More competitive

Opportunities & challenges


GARCO 10’S STRATEGIES

3/3/1620

CMTFOB

ODMTAKE

ADVANTAGE OF

INVESTMENT IN

TEXTILE

INCREASE G10’

COMPETITIVE

ADVANTAGES

Solutions: Changing from the CTM (cut, make,

trim) form to FOB (free on board) and ODM (original design manufacturer) method to increase the market share and export turnover

Many textiles group has invested to Vietnam

Garment 10 increases the competitive advantage by investing in :

+ Human Resource + Setting up the qualified factory+ Expand the production capacity


GARCO 10’s TARGET

3/3/1621


THANK YOU !

garco 10's profile

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