Gelmart Industries Inc.

Gelmart Industries Inc.

Type	Private
Genre	Manufacture of intimate apparel
Headquarters	New York, U.S.A.
Key people	James Nasser (CEO)
Industry	Apparel
Revenue	$222.3M (2006) [1]
Employees	5,000 [2]
Website	http://www.gelmart.com

Gelmart Industries, Inc. is one of the largest privately owned direct manufacturer of intimate apparel in the world. The company manufacturers and distributes lingerie that is sold in department stores, mass merchants and specialty stores nationwide. Gelmart also serves as a contract manufacturer for other brands, and has a showroom in Manhattan where it employs more than 20 workers. Its clients include Playtex, Wal-Mart and Liz Claiborne Inc.

Company History

Company history in paragraph form

Political and Public Influence

• NYC Industrial Development Agency provided about USD 1.3 million in real estate and sales tax benefits to assist Gelmart's renovation of its distribution center in 2003 [3]

Corporate Accountability

Paragraph

Labor

Domestic

• Congress Hotel Strike in Chicago: Congress Plaza Hotel is owned by Albert Nasser, who also owns Gelmart Industries. UNITE HERE Local 1, which represents the Congress Hotel Workers, has coordinated strikes with Gelmart workers in the Philippines and has also documented abuses at Gelmart's subcontractors in the Philippines. [4]

Global

History:

• 2001 Workers at Gelmart Industries Philippines voted to form union during deadlocked negotiations for collective bargaining agreement. [5]
• 2002 Gelmart Industries Philippines joins Global Compact
• 2004 Gelmart Industries adopted own code of conduct
• 2004 Gelmart Industries started removing machines and garment products December 18. Workers immediately blockaded Gelmart’s Parañaque factory to prevent the management from running away. [6]

Policy:

• Global Compact
• [WRAP] -- Philippines factory is certified
• Code of conduct -- "Gelmart consolidated, integrated, and incorporated the various codes of conduct (K-Mart, Wal-Mart, JC Penney, WRAP) and chose best practices among them to come up with our own code of conduct.... Also in 2004 Gelmart decided to raise the level of coprorate responsbility by asking all its subcontractors to adhere to the same principles. For this purpose a Compliance Team has been formed to champion and uphold the Gelmart Corporate Social REsponsiblity Principles not only in Gelmart but also in all locations where Gelmart products are sewn."

Campaigns against company:

1. UNITE-HERE letter writing campaign 2003 [7]
2. UNITE-HERE bra burning 2004 [8]

Major reports:

1. UNITE HERE Local 1 Press Release about Working Conditions in Gelmart subcontractor factories

Business Scope

Brands

Lady Marlene

Customers

• Playtex
• Wal-Mart
• Liz Claiborne Inc
• Frederick's of Hollywood
• Jockey International
• K-Mart
• Maidenform Inc.

Suppliers

Gelmart-owned manufacturing facility:
Gelmart Industries Philippines
KM15 South Super Highway
Paranaque, Metro Manila
Philippines
Tel: 632-824-4961

Competitors

From Hoover's profile

• Hanesbrands
• Intimate Brands
• Warnaco Group

Customers	Suppliers	Creditors	Competitors
Customer 1	Supplier 1	Creditor 1	Competitor 1
Customer 2	Supplier 2	Creditor 2	Competitor 2
Customer 3	Supplier 3	Creditor 3	Competitor 3
Customer 4	Supplier 4	Creditor 4	Competitor 4

Financial Information (as of DATE)

Shareholder	% Total Shares held
Shareholder 1	% Held 1
Shareholder 2	% Held 2
Shareholder 3	% Held 3
Shareholder 4	% Held 4

Largest Shareholders

Countries of operation

United States (sales and distribution), Philippines (production)

Country	Revenue	Profits	Assets	Employees
Country 1	Revenue 1	Profit 1	Assets 1	Employees 1
Country 2	Revenue 2	Profit 2	Assets 2	Employees 2
Country 3	Revenue 3	Profit 3	Assets 3	Employees 3
Country 4	Revenue 4	Profit 4	Assets 4	Employees 4

Governance

Executives

Ezra Nasser (President), James Nasser (CEO) Itzak Nasser (COO)

Board members & affiliations

Albert Nasser (Chairman)

Contact Information

136 Madison Avenue, 4th Floor
New York, NY 10016
United States
Tel:1-212-743-6900, 1-800-746-0014
http://www.gelmart.com