Home / Knowledge / News / Apparel/Garments / Exporter Brandix projects doubling in size in 4 years

Exporter Brandix projects doubling in size in 4 years

18
Nov '11
Sri Lanka's single largest apparel exporter, Brandix, expects to double in size over the next four years even as it substantially reduces consumption of natural resources and shrinks its carbon footprint, a representative segment of international suppliers to the industry have been told.

Supply chain representatives from 15 countries, who were brought together in Colombo by Brandix Apparel at a high-powered Vendor Summit, were given a persuasive account of the growth of the Group over the past 10 years and a thought-provoking visage of the opportunities and potential of the future.

As a Group, Brandix has grown 47 per cent year-on-year for the past 10 years and doubled in size over the past four years despite the vicissitudes of global markets and economies, delegates to the summit learnt. This was the fourth such summit organised by Brandix for vendor partners. This year's theme was 'Winning Solutions.'

Brandix Director Udena Wickremesooriya said this exponential growth was also reflected in product categories as well as in customer accounts. Over just five years, companies in the Brandix Group had doubled, tripled and quadrupled, their volumes for top international labels, he said.

Stressing that "It is customer positions that drive us, not just the numbers," Mr. Wickremesooriya explained that this growth had largely been achieved by focusing on simple fundamentals such as on-time delivery, price, speed, product and the sustainability platform, with commitments to Greener products, organic cotton, Fair Trade certifications and the Better Cotton initiative.

"The message behind all this is that there is substantial opportunity for further growth for Brandix and the Group's vendor partners," he said.

Elaborating on the Group's progress in the sphere of Green manufacturing, Iresha Somaratne, Head of Environment & Energy Management at Brandix said the Group had reduced its Carbon Footprint by 22 per cent since 2009 and was well on target in achieving a 30 per cent reduction by 2012. Water consumption had been reduced by 47 per cent from 2010 to 2011, and the target of zero solid waste to landfill had been already been achieved, he said. Quoting the findings of a recent international survey, he said 50 per cent of customers had expressed a preference to buy goods and services from environment-friendly companies, and 75 per cent of them were willing to pay more for such products.

Brandix CEO Ashroff Omar in his presentation identified rapidly shrinking lead times as one of the biggest challenges for the apparel industry. The growing demand for 'instant gratification' by trend-driven consumers could result in manufacturers being given hours rather than days to deliver new designs within the next 18 to 24 months, he said.

In order to respond, the apparel industry would have to "redefine collaboration" by finding ways to use the latest advances in information technology to completely integrate the multiple supply chains of vendors, manufacturers and retailers to create visibility and deliver flawlessly at high speed, Mr. Omar said.


Must ReadView All

Pic: Shutterstock

Textiles | On 20th Oct 2020

US, Brazil update agreement on trade, economic cooperation

The United States and Brazil yesterday signed a new protocol relating ...

Pic: Shutterstock

Textiles | On 20th Oct 2020

China building more competitive mulberry silk industry

China is striving to build a more competitive mulberry silk industry...

Pic: Shutterstock

Textiles | On 20th Oct 2020

CBN invests N120 bn to revive Nigeria's textile sector

The Central Bank of Nigeria (CBN) recently said it had invested over...

Interviews View All

Nishank Patel, Shri Dinesh Mills Limited

Nishank Patel
Shri Dinesh Mills Limited

Broad range of fabrics will sell well this financial year

Top executives, Textile Industry

Top executives
Textile Industry

We will move away from mass production to production in micro-factories

Textile industry, Head honchos

Textile industry
Head honchos

RCEP was always going to be a double-edged sword

Mala Alwani,

Mala Alwani

<div>Delhi-based fast fashion womenswear brand, Besiva, aims to bridge the ...

Devendra Gupta,

Devendra Gupta

Reforce, a start-up based in Gurgaon, aims to revolutionise the fitness...

Siddhant Sinha,

Siddhant Sinha

Set up by Pradeep Sinha, a graduate engineer from Manipal Institute of...

Daniel Odermatt, Ventile

Daniel Odermatt
Ventile

Ventile is a registered trademark used to brand a special high-quality...

Dr. Rene Wollert, Freudenberg Nonwovens

Dr. Rene Wollert
Freudenberg Nonwovens

Dr. Rene Wollert discusses the current scenario of the global nonwovens...

Michaela Griggs & Peggy Schulz, Barco Uniforms

Michaela Griggs & Peggy Schulz
Barco Uniforms

Founded in 1929, Barco Uniforms started as an apparel company for beauty...

Silvia Venturini Fendi, Fendi s.r.l

Silvia Venturini Fendi
Fendi s.r.l

"Yes, my confidence and positive attitude are my strengths and should be...

Mike Hoffman, Gildan Activewear SRL

Mike Hoffman
Gildan Activewear SRL

Gildan Activewear, a manufacturer and marketer of branded clothing and...

Rajesh Pratap Singh, Rajesh Pratap Singh

Rajesh Pratap Singh
Rajesh Pratap Singh

<div>Ace fashion designer <b>Rajesh Pratap Singh</b> has used Tencel to...

Press Release

Press Release

Letter to Editor

Letter to Editor

RSS Feed

RSS Feed

Submit your press release on


editorial@fibre2fashion.com

Letter To Editor






(Max. 8000 char.)

Search Companies





SEARCH

Leave your Comments


October 2020

Subscribe today and get the latest update on Textiles, Fashion, Apparel and so on.


Advanced Search