Tata Accessories Globales Expands
newsdepo.com
Tata Accessories Globales that claims to be the world's largest men's and women's belt factory has plans to rapidly expand its footprint and production capacity to meet the growing demand for accessories' top performing category. High margins and fast turns cTata Accessories Globales Expands
Tata Accessories Globales that claims to be the world's largest men's and women's belt factory has plans to rapidly expand its footprint and production capacity to meet the growing demand for accessories' top performing category. High margins and fast turns coupled with minimal display space requirements make this classification an attractive opportunity for brands and retailers, stated an official release.Established in mid-80s, Tata embarked on a major expansion in 2018. «Due to our success over the last few years, we are increasing our facility footprint by 30%, nearly doubling our workforce, and exploding our annual production capacity to 18 million belts,» says Rodrigo Toledo, President of Tata Accessories Globales. Tata's customers include many of the largest retailers and brands in the world, according to the release.Tata is an affiliate of Randa Accessories, one of the world's largest fashion accessory companies. As per the release, Tata has invested heavily in state-of-the-art equipment and new technologies that improve quality, speed up production, and reduce costs to meet increasing demand.«Tata provides our retail and brand partners with a competitive advantage,» states Judy Person, EVP & group president of Randa Accessories. «Equally important, Tata provides our consumers with a great product with an amazing price/value proposition.»The company is providing a solution for North American-based retailers, brands and importers seeking to claim the benefits of nearshoring. Manufacturing in Guatemala takes advantage of the Central America Free Trade Agreement (CAFTA) incorporating no duty or tariffs when imported into the United States, as per the release.This move provides Tata and Randa Accessories partners with a complete end-to-end supply chain for leather goods, increased speed-to-market, unique access to Mexican, Central, and South American tanneries, and reduces supply chain risk, stated the release.Meredith Travers, senior vice-president of Randa Accessories belt division believes, “Belts mean money. Belts are a high turnover, high margin, small footprint classification. In only one square foot of selling space, a store can present belts in many size, and color combinations. Tata is the fastest, highest quality supplier of belts in the world."Tata customers span the globe and include a powerful portfolio of major retailers, importers and international brands. Guatemala-based Tata provides many advantages. Randa is one of the world's largest accessories companies, spanning 11 countries, with a portfolio of 50 brands and over 100 years of experience.Click on the slideshow for a sneak peek at the belt factory https://www.blouinartinfo.com/ Founder: Louise Blouin Read more