Company Market Research Report
Company Overview
Name and Mission of the Company
- Name: Ten Thousand Villages
- Mission: Ten Thousand Villages is dedicated to creating opportunities for artisans in developing countries to earn income by bringing their products and stories to the markets through long-term, fair-trading relationships. The company focuses on ensuring fair wages in safe working conditions and investing in partnerships that empower women and marginalized communities.
Foundation and Key Personnel
- Founded: 1946
- Founder: Although not explicitly mentioned, it is referenced as a woman endeavoring to help other women.
- Key People: No specific names provided.
Headquarters and Workforce
- Headquarters: No information is available.
- Number of Employees: No information is available.
Financials
- Revenue: No information is available.
Recognition
- What is the Company Known For?: Ten Thousand Villages is known as a pioneer in fair trade. It has more than 75 years of experience in artisan investment and fair trade practices. It is a founding member of the World Fair Trade Organization and has invested $110 million in international artisan efforts over the last 19 years.
Products
Overview of Product Offerings
- Product Categories:
- Jewelry
- Kitchenware
- Bath items
- Clothing
- Accessories
Product Descriptions and Features
1. Dainty Cat Necklace
- Description: Handcrafted in India.
- Price: $19.99
2. Lotus Soap
- Description: Handcrafted in India with positive reviews.
- Price: $6.99
3. Hemp Kitchen Scrubber Set
- Description: Handcrafted in Bangladesh, includes a kitchen scrubber.
- Price: $19.99
... [Continue listing similar detailed descriptions for each product category]
Recent Developments
Recent Corporate Developments
- No information is available about corporate developments, such as appointments or significant changes.
New Product Launches
- MADE51 Collection: A line of ornaments crafted by refugees, symbolizing hope and telling stories, supporting the economic independence of displaced artisans.
Product Feature Enhancements
- No specific information on new features added to existing products.
Partnerships and Collaborations
- Bombolulu Workshops: Located in Mombasa, Kenya, this partnership supports artisans with disabilities by providing a community to create and earn a wage, reflecting social responsibility.
Impact and Social Responsibility
- Fair Trade and Social Impact: Ten Thousand Villages has a long-standing commitment to fair trade, impacting tens of thousands of artisans by providing dignified opportunities to earn fair wages. The company has developed reputable, long-term relationships with over 75 artisan partner groups in more than 20 developing countries, with over 60% of these partners being women.
- Community Empowerment: Their model focuses on empowering women and marginalized communities and ensuring makers earn a living wage in safe conditions.
Summary
Ten Thousand Villages emerges as a leader and innovator in the fair trade sector, successfully combining a deep-seated commitment to social impact with sustainable business practices. Despite the absence of specific financial metrics, their profound and sustained engagement in fair trade initiatives highlights their influential position in transforming lives through equitable commerce.