Company detailsCompany name: Roy Lowe & Sons LtdCompany country: United KingdomSector: C - ManufacturingSector detail: C14 - Manufacture of wearing apparelSub-sectors: C14.3 - Manufacture of knitted and crocheted apparel Reshoring detailsReshoring announcement date: 07/09/2017Starting implementation date: January, 2013End of Implementation : December, 2017Reshored to: United KingdomLocation of affected unit(s): Sutton in AshfieldLocation code: UKF1 Reshored business function: ProductionReshoring governance mode: In house (in own facilities)Reasons for reshoring: "Made in" effectDelivery timeIntellectual property protectionR&D vicinityCase narrative: Roy Lowe & Sons is a family-owned company established in 1996 in UK where the company produced socks until 2006. At that time, it decided to offshore and outsource production activities in China, Turkey and India to reduce production costs. In 2013, the company launched a new brand (SockMine) for its lines of technical, sport specific, leisure and work-wear socks; moreover, it decided to leverage on the "Made in UK" label. Therefore, it restarted production activities in its old plant in Sutton in Ashfield. Between 2013 and 2017, the company reshored around 10% of its entire production. Higher product quality, reduction in delivery time, better protection of innovation, and co-location of R&D and production activities were the main reasons for reshoring. Sources: Make it British 07/09/2017 Sources link: https://makeitbritish.co.uk/uk-factories/sock-manufacturing/ Offshoring detailsOffshoring date: 2006Offshoring location: IndiaOffshored business function: ProductionOffshoring governance mode: Third party (external suppliers)Reason for offshoring: Costs reductionHost country geographical area: Indian Subcontinent (eg. India, Pakistan, Bangladesh)
