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Jerash Holdings
Jerash Holdings is a publicly traded Jordanian-based sportswear manufacturer founded in 1994 by Choi Lin Hung, producing for VF Corporation and New...
Jerash Holdings
Jerash Holdings originated in 1994 when Choi Lin Hung established a cut-and-sew garment factory in Jordan, targeting the global sportswear outsourcing market. The firm operates as a holding company with its manufacturing subsidiaries consolidated under a single operating model, effectively functioning as a publicly traded family-controlled manufacturer. Its corporate structure is a legacy of the founder's decision to build a US-listed manufacturing entity to serve Western brands from a geopolitically stable Middle Eastern base. Jerash focuses exclusively on the manufacture of custom sportswear and outerwear for global brands. The firm provides full-package garment services from fabric sourcing to finished product, producing performance apparel, polo shirts, and technical outerwear on a contract basis. Its six factories and four warehouses in Jordan serve as a duty-free production hub under the US-Jordan Free Trade Agreement and the EU-Jordan simplified rules of origin. Named customers confirmed in public filings include VF Corporation, whose brands encompass The North Face, Timberland, and Vans, as well as New Balance (per Jerash SEC filings, 2024). Jerash's product mix spans men's and women's activewear and team gear, with its largest facilities located in the Al-Hasa and Ad-Dulayl industrial zones. Jerash Holdings went public on the Nasdaq Capital Market in May 2018, raising $12 million at a $35 million valuation (per Renaissance Capital, 2018). Today the firm employs approximately 5,000 workers and can produce more than 12 million pieces of apparel annually across its Jordanian facilities. In September 2023, Jerash secured a three-year renewal of its manufacturing agreement with one of its top-5 global brand customers, extending the supply relationship through 2026 (per Jerash regulatory filings, 2023). The firm maintains an adjacent charitable operation, the Jerash Foundation, which funds community infrastructure in the factory towns where it operates. Jerash's structural differentiator is the total geographic concentration of its fixed-cost base in Jordan, a country with preferential tariff access to both US and EU consumer markets. Unlike competitors spread across Southeast Asia, Jerash operates within a narrow, politically stable jurisdiction where labor costs undercut Chinese and Vietnamese manufacturing, and its free-trade-qualified exports bypass the tariff exposure that complicates rival supply chains for Western sportswear brands.
General information
Firm type
Asset Manager
Year founded
1994
AUM
Undisclosed
Location
Region
North America
Country
United States
City
Fairfield
Corporate office
Fairfield, NJ, United States
Principals
Choi Lin Hung
Chairman and CEO
Eric Tang
CFO
Sector focus
Frequently asked questions
Where does Jerash Holdings actually manufacture its products?
Jerash operates six factories and four warehouses entirely within Jordan, concentrated in the Al-Hasa and Ad-Dulayl industrial zones. The firm has no production facilities outside Jordan. This single-country manufacturing base qualifies its exports for duty-free entry into the United States under the US-Jordan Free Trade Agreement, and into the European Union under the EU-Jordan rules of origin arrangement.
Who are Jerash Holdings' largest customers?
Jerash does not disclose all customers by name, but its public filings have confirmed manufacturing relationships with VF Corporation — whose brands include The North Face, Timberland, and Vans — and with New Balance. VF Corporation has historically represented a substantial share of Jerash's total revenue. The firm regularly notes that a small number of global brands account for the majority of sales.
Why did Jerash Holdings choose Jordan as its manufacturing base?
Jordan offers a combination of duty-free access to the US and European markets under bilateral free trade agreements, a stable geopolitical environment relative to other regional manufacturing hubs, and a labor cost structure competitive with Chinese and Vietnamese garment centers. For Jerash, this creates a tariff-protected margin advantage when supplying American and European sportswear brands that would otherwise face sourcing constraints from standard most-favored-nation duties on Chinese-made garments.
Is Jerash Holdings a family office or an operating company?
Jerash Holdings is a publicly traded operating company, not a family office. It listed on the Nasdaq Capital Market in 2018 and files quarterly and annual reports with the SEC. Founder Choi Lin Hung remains chairman and CEO, giving the firm the character of a founder-led public company with family control rather than a private family office vehicle.
What garment types does Jerash specialize in?
Jerash focuses on custom sportswear and outerwear, including performance apparel, activewear, polo shirts, and technical outerwear. The firm provides full-package manufacturing from fabric sourcing through cut-and-sew assembly and finishing. Its output includes categories such as men's and women's sportswear, team uniform components, and seasonal jacket and outerwear programs.
How does Jerash's export structure protect it from tariffs?
Jerash exports finished garments from Jordan under the US-Jordan Free Trade Agreement, which eliminates duties on qualifying Jordanian-origin goods. For the European market, the EU-Jordan simplified rules of origin allow duty-free access for garments meeting specific content and transformation requirements. This bilateral trade architecture removes the tariff layer that applies to Chinese and other non-FTA suppliers, making Jerash's cost structure competitive on a landed-duty-paid basis for Western brand partners.
Is Jerash Holdings connected to any philanthropic or foundation entities?
Yes, Jerash operates the Jerash Foundation, which directs charitable contributions toward community infrastructure in the Jordanian factory towns where the company's workforce lives. The foundation exists as a separate operational vehicle and is funded through corporate contributions rather than as a founder-level family philanthropy.
Profile maintained by Altss using OSINT (open-source intelligence), regulatory filings, licensed data partners, and verified direct submissions. Read the methodology. Last updated: . Continuous refresh with full update cycles at least every 30 days.
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