Emerald exports 65% of its production
CEO/Managing Director A.F.M. Ikram said, "Today after 50 years,
Emerald International (Pvt) Ltd has recorded commendable achievement
which is the result of producing high quality products to the market and
providing a good customer service. We now have four factories equipped
with specialised machinery with a 1,300 - strong skilled workforce and
producing over 15,000 dozens of garments per month and 65% of the
production is for export, earning valuable foreign exchange for Sri
Lanka", he said.
Emerald completes 50 years in operation in Sri Lanka, this year.
The founding Chairman, M.A. Fatha, an importer and distributor of
textiles, started his textile business on June 1, 1942, under the name
M/s Fatha & Company.
In the early 50's, he ventured into the manufacturing business
initially with knitted innerwear. As he established a sound business
relationship with the Japanese textile trade, he was encouraged to
import and distribute Japanese made shirts. This was before the Japanese
became famous for their electrical appliances and toys and much before
the advent of Toyotas and Nissans into Sri Lanka (then Ceylon) market.
Encouraged by the success, and with his innovative drive Fatha
ventured into manufacturing shirts locally using quality fabric imported
solely from Japan.
As an indigenous entrepreneur, Fatha identified "Branding" which
enhances the opportunities to the entrepreneur, while benefiting the
consumer. He believed this was the best balance for the businessman and
consumer.
A separate entity to manufacture only Emerald shirts was set up in
1956 and the foothold established by Emerald went from strength to
strength, over the years.
However in the 1960s, due to the then government's policy of
restricting the import of textiles without establishing proper
alternatives of raw material options to the garment industry, a heavy
blow was dealt to Emerald.
As the locally made textiles had not gained at least the minimum
standards already established by the Emerald brand, it had no
alternative, but to curtail the production and by the beginning of the
1970s, the manufacturing arm of Emerald went dormant.
The opening of the economy in the late 70s and the rapid growth
achieved by the economy subsequently, provided new opportunities for the
brand, and paved the way for its revival. A dedicated production plant
to manufacture shirts was opened in 1985 and was able to re-establish
its name in the market in the shortest possible time, offsetting the
loss of equity the brand suffered from the mid 1960's to mid 1980's.
The reputation gained in the domestic market rekindled the interest
of the local agents of the foreign buying offices who were getting
internationally reputed brands of shirts manufactured in Sri Lanka. The
downturn of the local economy brought in by the post Indo-Lanka Accord,
in Sri Lanka, was turned into an opportunity by Emerald, by diversifying
the capacity to cater to the export market.
This gave tremendous boost to the confidence of Emerald, to believe
in that Sri Lanka can and need not be second to any, if it can put in
the hard work with resolve and dedication.
While exporting shirts to UK under its own label, since it became the
only Sri Lankan shirt to do so in 2000, Emerald also makes shirts for
international brands, such as Nautica, Gap, Austin Reed and After Hours.
Today in the domestic market, Emerald has a very strong brand equity
and a distribution network of over 400 dealers islandwide, selling Sri
Lanka's leading menswear products under the well known brands - Emerald,
Focuss, Emerald Leonardo, Class One, Mansak, Skore e-Phoch, Cromozome
and Runn.
Emerald is the exclusive supplier of custom made shirts and neck ties
for leading Sri Lankan corporate bodies, such as SriLankan Airlines, Sri
Lanka Telecom, Ceylon Tobacco Company, Maharaja organisation, DFCC,
SLIM, Dialog, American and Efird.
The shirt maker is today being driven by a dedicated, efficient and
highly skilled staff, under the guidance of CEO/Managing Director
A.F.M.Ikram and the Executive Director M.M.M. Ihsan.
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