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Tavan Bogd Group (Mongolian: Таван Богд групп) is a Mongolian conglomerate with 19 subsidiaries and 2 affiliates in operates across eight diverse sectors that include cashmere production, automobile and mining equipment trading, food production, financial services, international trade, tourism, property development, IT, and healthcare.
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Erdos Group (also Inner Mongolia Erdos Group Co., Ltd.) [1] is a Chinese conglomerate with interests in cashmere, energy, and metallurgy. [2]In 2024, The Erdos Group, ranked 51st in China's 500 Most Valuable Brands 2024 list with a brand value of 180.97 billion RMB (US$24.83 billion).
In 2012, the mineral boom in Mongolia drove up the cost of Gobi's production. [8] It was due to the fact that Mongolia's newly found mineral wealth drove up the inflation by 12% that year. It had severe side effects to other businesses, especially GOBI Cashmere, that increased the price of raw materials. [8]
The Mongolian Cashmere Wide-Rib Cropped Mockneck Sweater from Quince is crafted from 100% Grade-A Mongolian cashmere, known for its softness and durability. The style has subtle dropped shoulders ...
The luxury wool is prized for its durability and warmth, but growing demand is taking a toll on the environment and jeopardizing traditional ways of life.
Cashmere is a hygroscopic fiber, absorbing and releasing water from the air based on the surrounding environment. This helps regulate the body in both warm and cool temperatures. [1] A number of countries produce cashmere and have improved processing techniques over the years, but China and Mongolia are two of the leading producers as of 2019.
China accounts for 70% of the world's cashmere production, Mongolia 20%, and the remaining 10% of production is in Afghanistan, Australia, India, Iran, Nepal, Pakistan, the United States, the Central Asian republics and elsewhere. Only a small percentage of this production is the ultra-fine cashmere known as pashmina. [19]