House of Pearl Fashion posts strong growth of 19.62 percent

05 Aug '08

2 min read

In the First Quarter of 2008-09 (Q1), House of Pearl Fashion posted a growth of 19.62 percent in terms of net sales, on a year on year basis.

House of Pearl Fashion, one of the leading apparel manufacturing companies in India, has registered net sales of $ 77.75 million (Rs326.58 crores) for the quarter ending June-2008. The company recorded net sales of $ 65 million (Rs273 crore) in the corresponding quarter of 2007.

The company sales grew across all its markets encompassing UK, Bangladesh and others.

House of Pearl Fashion is an Indian-multinational company in the ready-to-wear apparel business offering total supply chain solutions to customers. It has an integrated business model with three distinct business streams – “Manufacturing”, “Marketing and Distribution” and “Branding and Sourcing”.

House of Pearl Fashion offers multi-country, multi-gender and multi-product option in each business streams. In the post-quota regime, company's strategy to emerge as a "One Stop Shop" for customers to deliver strong revenue and profit growth.

It started its operations in 1987 in India and gradually expanded to 11 countries across the globe through organic and inorganic routes. The manufacturing facilities are located in India, Bangladesh and Indonesia and have annual capacity of 19 million pieces per annum. It is one of the few companies in India having warehousing and processing facilities located in U.S.A. and U.K.

Click here to view detailed results:

House of Pearl

More Apparel/Garments News - India...