Nygard International: from Fashion to Tourism
Thursday, January 20th, 2011![]()
A giant business company called Nygard International is a private company owned by Peter J. Nygard that runs its direction in woman apparel industry. The 54 years old company at first time manufactured the sport wears product, but changed into woman wear products with the presence of Mr. Nygard.
Currently, the company also manufactures both men and women products, from clothes, to shoes, to accessories. This expansion has required the company to employ over 12,000 workers worldwide. Besides the big number of workers, the company has also spread its wings and builds many regional offices in many hot spot areas around the world such as China, Hong Kong, some areas in Europe, as well as the United States area such as Texas, Mexico, South Lake, and many more. These regional offices play their part as distributors and stores. As for the manufacturing facilities, the company also puts some investments in many Asian areas such as Tianjin, Indonesia, Shanghai, and Sri Lanka. The very wide assets all over the world have allowed the company to receive revenue for over $500 million as the annual net.
Within this revenue, Peter Nygard continues to develop and expand his company into the home industrial sector which is to create bedroom sets as part of fashion and mode, as well as the tourism sector by purchasing an island near Bahamas area and turning it into one leisure spot for international tourist. It is a very big business that Mr. Nygard owns, from fashion, to decorations, and also tourism sector.