Word: thai
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Dates: during 2000-2009
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...largest apparel maker listed on the Hong Kong stock exchange, Luen Thai has factories in four countries but is shifting capacity to mainland China ahead of the lifting of the trade restrictions. Last year, the company's plant on the tiny Pacific island of Saipan?a U.S. territory exempt from quotas?accounted for nearly half of all its production, compared with about 25% from China. But Chinese output is expected to double this year, and for the next few years Luen Thai plans to increase head count at its Dongguan facility from 5,000 to 14,000. In May, Luen...
...China's competitive advantage in textile manufacturing is seen primarily as its ability to produce clothes cheaply. But leading manufacturers like Luen Thai are also trying to add value in other areas, for example, by streamlining the supply chain and making their customers' jobs easier. At the Dongguan compound, Luen Thai provides major clients such as Polo Ralph Lauren and U.S. department-store chain Dillard's with dedicated teams of designers, merchandisers and sales staff?all housed in plush offices located on the factory site. Keeping designers close to production cuts development time and improves communication. Luen Thai teams...
...Such refinements can only help China lock up more of the global textile trade. However, companies are wary of putting all their eggs in one basket. Luen Thai plans to keep its Saipan plant open and is continuing to operate small factories in Cambodia and the Philippines. "So long as [buyers] hedge their risks, then we hedge our risks, too," says CEO Tan. But, ultimately, China is the place to be. "It's the most efficient place to manufacture," says Tan. "And every day the world is moving increasingly toward free trade...
...weekly basis. But among the handful that deserve the hype is Trisara-a collection of 33 stunning villas and 12 opulent "villa residences" on Phuket's overlooked northwest coast. Put together by ex-Amanpuri general manager Anthony Lark, Hong Kong-based entrepreneur and adventurer Simon Murray and Thai architect Mom Tridosoyudh Devakul, Trisara is set to become one of the most exclusive hideaways in the kingdom...
...villas feature infinity pools and ocean views. Guests have the use of a fleet of luxury motor yachts and an adjacent golf club. But the real draws will be the resort's 1,500-sq-m spa (opening in December) and its destination restaurants. The latter-one Thai, one Mediterranean-are presided over by chef Sven Krauss, formerly of the Sukhothai Bangkok hotel and co-author of The Food of Thailand: Authentic Recipes from the Golden Kingdom, a best-selling cookbook in the U.S. Needless to say, none of this comes cheap-introductory rates, valid until Nov. 30, start from...