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Triumph International AG

1,299 bytes added, 00:13, 27 August 2008
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{{globalcorpwikiGlobalCorpWiki}}'''Triumph International AG''' is a manufacturer of lingerie and sleepwear for women and men. Its products are marketed under such brand names as Form & Beauty, Amourette, BeHappy, Triaction, Slipi, Sloggi, Mamabel, Night & Home, BeeDees and HOM. Although founded in Germany, the company is now headquartered in Switzerland.
{{Infobox Company| company_name = Triumph International AG| company_logo =| company_type = Private| genre = Intimate apparel & sleepwear| foundation = 1886| founder = Braun & Spiesshoffer| dissolved =| location = Switzerland| locations =| area_served =Basic Information| key_people =| industry =| products =| services =| revenue =USD 1,600,000,000 (2006) <ref>[http://www.triumph.com/uk/ Triumph], Triumph International website, accessed July 2008.</ref>| operating_income =Country of incorporation| company_slogan =| net_income =| assets =Switzerland| num_employees = > 30,000 <ref>[http://www.triumph.com/uk/ Triumph], Triumph International website, accessed July 2008.</ref>| parent =| equity =| owner =Ownership status| divisions =| subsid =| homepage = http://www.triumph.com| footnotes =Private}}
===Primary industry sector==='''Triumph International AG''' is a manufacturer of lingerie and sleepwear for women and men. Its products are marketed under such brand names as Form & Beauty, Amourette, BeHappy, Triaction, Slipi, Sloggi, Mamabel, Night & Home, BeeDees and HOM. Although founded in Germany, the company is now headquartered in Switzerland.
===Primary industry ranking=Company History==In 1886, founders Braun and Spiesshoffer started operations in a barn in Heubach, Germany. The name "Triumph" was registered as trademark in 1902 and became Europe's largest corsetry manufacturer during the 1930s. In 1933, the company opened its first international branch in Zurzach, Switzerland, where the global holding company is based today. After World War II, the expansion continued in Norther Europe, and on to Southern Europe, Asia and the Middle East during the 1960s. The corporate structure was decentralized, a business strategy that enabled customers in each country to be served by locally based designers and business partners with particularly strong commitments to regional fashion trends and cultural conditions. During the 1970s, the company entered the Brazilian markets, took over ´House of Jenynsª in Australia and launched licensing production in South Africa. Production, sales and export subsidiaries were founded in the Philippines and Thailand, together with licensed sales operations in Indonesia and a subsidiary in Chile; production works in China followed in 1980. In the last fifteen years, the company has added countries, including Uruguay, Canada, New Zealand, Korea, Sri Lanka and Vietnam, and in Eastern Europe, Hungary, Poland, the Czech Republic, Slovenia and Russia. It has established production plants with ultra-modern technology in Bangkok and Morocco, and - heralding the opening of the Chinese market - opened branches in Shanghai and Peking, while continuing to operate its first production plant in Heubach.<ref>Triumph International, [http://www.triumph.com/uk/ "Triumph International"], Triumph International website, accessed July 2008.</ref>
===Number of employees worldwideHistorical Financial Information===More than 30,000.<ref>[http://www.triumph.com/uk/ Triumph], Triumph International website, accessed July 2008.</ref>===Business Strategy===
==Political and Public Influence=Chief executive officer=Paragraph information===Political Contributions===
===Financial information=======Ticker symbol=Lobbying===
==Corporate Accountability==Main exchangesParagraph===Labor===* 2001: adopts code of conduct ([http://www.triumph.com/uk/ download from "code of conduct" section])* 2001: joins [[Global Compact]], but does not comply with reporting requirements [http://www.unglobalcompact.org/ParticipantsAndStakeholders/search_participant.html?submit_x=page]
====Investor website====
====List Campaigns: <br>* 1999 dispute in Thailand: The labor union at Triumph International of largest shareholders====Thailand Ltd. said in a statement Triumph had closed their factory in Bang Plee in the outskirts of Bangkok on July 17. They want the company to give them an 8% wage rise for the coming two years, according to officials from the labor ministry. The company, which makes swim suits, sportswear and lingerie under the Triumph brand, as well as for [[adidas]], [[Jockey]], and other brands, had informed their 5,000 workers management decided to cut their wage increases in the next three years. <ref> Asian Economic News 02/08/99 </ref>* 1999 dispute in Philippines: BPMTI (Triumph union) went on strike last November 18, 1999 after reaching a deadlock on CBA negotiation. The union demands for a P140.00 total wage increase over the next three years with increase on other economic benefits, while the Company offered a CBA package of P45 wage increase without any additional on the current benefits. Union officials also expressed concern over the management's strategy to pattern its dealings with its Philippine workers with the labor dispute in its Thailand plant. Triumph International Philippines also manufactures for [[Marks & Spencer]], [[Mast]], and [[Victoria's Secret]]. <ref> BusinessWorld Philippines 10/01/00 </ref>* 2001: protests against Triumph's refusal to quit production in Burma, including 1.5 km of barbed wire bras hung at the companies Belgian offices. Company closes factory in 2002.<ref>[http://www.cleanclothes.org/companies/triumph.htm "Good news: Triumph closes factory in Burma!!!"], Clean Clothes Campaign, January 28, 2002.</ref>
====Total revenue====Annual Sales 2006: USD 1,600,000,000 <ref>[http://www.triumph.com/uk/ Triumph], Triumph International website, accessed July 2008.</ref>====Net income=Human Rights===
==Detailed Information=====Company historyEnvironment ===In 1886, founders Braun and Spiesshoffer started operations in a barn in Heubach, Germany. The name "Triumph" was registered as trademark in 1902 and became EuropeInternational's largest corsetry manufacturer during philosophy is that the 1930s. In 1933, environment should be given the company opened its first international branch in Zurzach, Switzerland, where same high level of importance as the global holding company is based today's economic and social concerns. After World War IIIn December 1998, Triumph received the expansion continued in Norther Europe, Best Environment Management award from Austrian Industry not long after gaining [[ISO 14001]] and on [[EMAS]] certification.Triumph International AG Austria also received certification of its conversion to Southern Europe'environmental-conscious innovations, Asia ideas and the Middle East during the 1960s. The corporate structure was decentralized, a business strategy production processes that enabled customers in each country to be served by locally based designers represent all humanistic and business partners with particularly strong commitments to regional fashion trends and cultural conditionsecological standards' under [[OEKO-TEC]] STANDARD 1000. During the 1970s, the The company entered was the Brazilian markets, took over ´House of Jenynsª first in Australia Austria and launched licensing production in South Africa. Production, sales and export subsidiaries were founded in the Philippines and Thailand, together with licensed sales operations in Indonesia and a subsidiary in Chile; production works third in China followed in 1980. In the last fifteen years, the company has added countries, including Uruguay, Canada, New Zealand, Korea, Sri Lanka and Vietnam, and in Eastern Europe, Hungary, Poland, to fulfill all the Czech Republiccertificate's criteria, Slovenia and Russia. It has established production plants with ultra-modern technology in Bangkok and Morocco, and - heralding the opening of the Chinese market - opened branches in Shanghai and Peking, while continuing to operate " states on its first production plant in Heubachwebsite.<ref>Triumph International, [http://www.triumph.com/uk/ "Triumph InternationalEnvironmental Protection"], Triumph International website, accessed July 2008. (This is not a direct link).</ref>
====Historical financial results=Consumer Protection and Product Safety===
====Books on company=Anti-Trust and Tax Practices===
===Business strategy=== ===Business scope=======Lines of business==== ====Units/subsidiaries=Social Responsibility Initiatives===
==Business Scope==
====Brands====
* Triumph
* [[Triumph/Body Fashion]] (Thailand)
====Competitors====
 
====Creditors====
<table border===Geographic scope==="1"><tr><th>Customers</th><th>Suppliers</th><th>Creditors</th><th>Competitors</th></tr><tr><td>Customer 1</td><td>Supplier 1</td><td>Creditor 1</td><td>Competitor 1</td></tr><tr><td>Customer 2</td><td>Supplier 2</td><td>Creditor 2</td><td>Competitor 2</td></tr><tr><td>Customer 3</td><td>Supplier 3</td><td>Creditor 3</td><td>Competitor 3</td></tr><tr><td>Customer 4</td><td>Supplier 4</td><td>Creditor 4</td><td>Competitor 4</td></tr>====Countries of operation====</table>
====Breakdown of revenues====
====Breakdown Financial Information (as of profits=DATE)===Ticker Symbol: <br>Main Exchanges:<br>Investor Website:<br>
<table border====Breakdown of assets===="1"><tr><th>Shareholder</th><th>% Total Shares held</th></tr><tr><td>Shareholder 1</td><td>% Held 1</td></tr><tr><td>Shareholder 2</td><td>% Held 2</td></tr><tr><td>Shareholder 3</td><td>% Held 3</td></tr><tr><td>Shareholder 4</td><td>% Held 4</td></tr></table><b>Largest Shareholders</b>
====Breakdown of employees====Geographic scope paragraph
<table border===Governance==="1"><tr><th>Country</th><th>Revenue</th><th>Profits</th><th>Assets</th><th>Employees</th></tr><tr><td>Country 1</td><td>Revenue 1</td><td>Profit 1</td><td>Assets 1</td><td>Employees 1</td></tr><tr><td>Country 2</td><td>Revenue 2</td><td>Profit 2</td><td>Assets 2</td><td>Employees 2</td></tr><tr><td>Country 3</td><td>Revenue 3</td><td>Profit 3</td><td>Assets 3</td><td>Employees 3</td></tr><tr><td>Country 4</td><td>Revenue 4</td><td>Profit 4</td><td>Assets 4</td><td>Employees 4</td></tr>====Executives====</table>
==Governance==
Executives
====Board members & affiliations====
* [[Wolfgang Spiesshofer]], chairman of supervisory board
* [[Wolfgang Schulze]], member of management board
* [[Gerhard Reimer]], member of supervisory board
 ====Executivedirector/director compensation==== ====Date & and venue of next AGM==== ==Corporate Accountability== ===Labor=======Domestic====  ====Global====* 2001: adopts code of conduct ([http://www.triumph.com/uk/ download from "code of conduct" section])* 2001: joins [[Global Compact]], but does not comply with reporting requirements [http://www.unglobalcompact.org/ParticipantsAndStakeholders/search_participant.html?submit_x=page]
Campaigns: <br>* 1999 dispute in Thailand: The labor union at Triumph International of Thailand Ltd. said in a statement Triumph had closed their factory in Bang Plee in the outskirts of Bangkok on July 17. They want the company to give them an 8% wage rise for the coming two years, according to officials from the labor ministry. The company, which makes swim suits, sportswear and lingerie under the Triumph brand, as well as for [[adidas]], [[Jockey]], and other brands, had informed their 5,000 workers management decided to cut their wage increases in the next three years. <ref> Asian Economic News 02/08/99 </ref>* 1999 dispute in Philippines: BPMTI (Triumph union) went on strike last November 18, 1999 after reaching a deadlock on CBA negotiation. The union demands for a P140.00 total wage increase over the next three years with increase on other economic benefits, while the Company offered a CBA package of P45 wage increase without any additional on the current benefits. Union officials also expressed concern over the management's strategy to pattern its dealings with its Philippine workers with the labor dispute in its Thailand plant. Triumph International Philippines also manufactures for [[Marks & Spencer]], [[Mast]], and [[Victoria's Secret]]. <ref> BusinessWorld Philippines 10/01/00 </ref>* 2001: protests against Triumph's refusal to quit production in Burma, including 1.5 km of barbed wire bras hung at the companies Belgian offices. Company closes factory in 2002.<ref>[http://www.cleanclothes.org/companies/triumph.htm "Good news: Triumph closes factory in Burma!!!"], Clean Clothes Campaign, January 28, 2002.</ref> Major reports: </br> ===Environment & product safety==="Triumph International's philosophy is that the environment should be given the same high level of importance as the company's economic and social concerns.In December 1998, Triumph received the Best Environment Management award from Austrian Industry not long after gaining [[ISO 14001]] and [[EMAS]] certification.Triumph International AG Austria also received certification of its conversion to 'environmental-conscious innovations, ideas and production processes that represent all humanistic and ecological standards' under [[OEKO-TEC]] STANDARD 1000. The company was the first in Austria and the third in Europe to fulfill all the certificate's criteria," states on its website.<ref>Triumph International, [http://www.triumph.com/uk/ "Environmental Protection"], Triumph International website, accessed July 2008. (This is not a direct link).</ref> ===Human rights=== ===Anti-trust, consumer protection, tax practices===  ===Political & public influence===  ===Social responsibility initiatives=== ===HQ Contact information=Information==
Promenadestrasse 24 </br>
Zurzach </br>
Web site: http://www.triumph.com
==Articles and resourcesResources=====Books on the Company=== ===Related SourceWatch articlesArticles===
===Sources===
<references/>
===External resources===
===External articlesResources=== ===External Articles===
[[Category: Corporations]]
[[Category: Apparel]]

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