US watchdog re-certifies Jockey’s India partner Page Industries’ unit as socially compliant, Retail News, ET Retail

US watchdog re-certifies Jockey's India partner Page Industries' unit as socially compliantNew Delhi: Web page Industries, the exceptional licensee of Jockey Intercontinental in India, on Monday claimed the US apparel marketplace watchdog has re-certified its facility to be “socially compliant” months soon after allegations of human rights violations at the manufacturing facility.

The US-based Throughout the world Liable Accredited Generation (WRAP), which experienced released this probe into a person of the production facilities of the Bengaluru-based Web page Industries, claimed human correct violations allegations were not substantiated by the conclusions of the audit.

“Situated at Bommasandra, Bangalore in India, unit-3 was audited by WRAP as for each its typical procedures in October 2020. WRAP has re-certified the facility to be socially compliant,” Web page Industries claimed in a regulatory filing.

Vedji Ticku, Govt Director and CEO, Web page Industries Ltd (Jockey India) claimed WRAP was entirely glad soon after an unbiased audit of the firm’s unit-3 production facility at Bangalore.

Jockey Intercontinental and all its subsidiaries completely use WRAP certified or equal factories and requires all licensed companions to comply with Jockey requirements and retain WRAP certification.

Previously this 12 months, Norway’s USD 1-trillion prosperity fund, Norges Lender Expense Administration, experienced excluded Web page Industries from its portfolio for alleged human rights violations. Post which, WARP started its audit of Web page Industries’ facility.

“Web page Industries’ monitor file and long-standing partnership with Jockey did not match with the allegations published in the report by the Council on Ethics for the Norges Lender pertaining to Web page Industries Ltd , unit-3.

“In keeping with its typical procedures, WRAP not too long ago carried out an audit of unit-3, as element of the WRAP re-certification process for that facility… Web page labored transparently with WRAP to perform the audit and retain certification for unit-3,” Mark Fedyk, President and COO, Jockey Intercontinental, Inc claimed.

Web page Industries is also the exceptional licensee of Speedo Intercontinental for the production, marketing and distribution in India.

It was established up in 1994 with the important aim of bringing model Jockey to India. Its promoter Genomal spouse and children has been connected with Jockey Intercontinental for fifty decades. It became a general public organization in March 2007 and is outlined on foremost bourses these types of as BSE and NSE.

According to a regulatory filing, Web page Industries experienced documented a income of Rs 2,945.forty two crore and a web gain of Rs 343.22 crore for FY 2019-20.

WRAP is a non-gain organisation targeted on the sewn merchandise sector and it certifies socially responsible facilities.