Classic Fashion plans to add 5,000 employees in India
Classic Fashion plans to significantly expand its employee base in India and add 5,000 workers in the country. The Jordan-based apparel business plans to add around 1,000 of these future employees by 2024.
“India is shaping up as a destination that most business enterprises should look upon,” said the business’ CMD Sanal Kumar, Businessline reported. “I am positive that Classic may invest and possibly grow big over here.”
One reason for Classic Fashion’s plan to more than double its current employee base of 4,000 workers in India is that it’s business client Walmart plans to increase its orders from India. Aiming to order $10 billion of goods from India per year by 2027, Walmart is increasing its clothing orders from Classic Fashion in India among other manufacturers.
Since 2006, Classic Fashion has worked with Walmart to manufacture clothing for the US-based business. Orders for Walmart constitute around 40% of Classic Fashion’s total business, Apparel Resources reported. Following the expansion of its India workforce, Classic Fashion would also be open to shifting its manufacturing for some of its other apparel clients to India, according to Kumar.
Classic Fashion manufacturers clothing for a range of brands. As well as Walmart, the business also works with brands including Under Armour, Target, American Eagle, DKNY, Nautica, and Adidas among others. Last year, Classic Fashion reported a turnover of around $806 million.
Copyright © 2023 FashionNetwork.com All rights reserved.