MAS Holdings
Private | |
Industry | Apparel |
Headquarters | Colombo, Sri Lanka |
Key people |
Deshamanya Mahesh Amalean, Ajay Amalean, Sharad Amalean, Dian Gomes, Timothy Speldewinde |
Products | Intimate Wear, Active Wear, Fabric Production, Finance, Consulting |
Revenue | US $1 billion (2012)[1] |
Number of employees | 45,000+ |
Website | Official Website |
MAS Holdings is one of the largest non-listed conglomerates on the Colombo Stock Exchange in terms of market capitalization in the large apparel industry of Sri Lanka.[2]
History
Founded in 1986, MAS is an innovation driven company which focuses on fashion and lifestyle. It is one of Asia’s largest manufacturers of intimate apparel, sportswear, performance wear, swimwear and provide specialised IT solutions to the apparel and footwear industry worldwide. MAS also owns Sri Lanka’s first international brand of lingerie - amanté. MAS provides an empowering culture for our 70,000 associates to activate their full potential.
The MAS name came from the first letters of its founders. Mr. Mahesh Amalean, Mr. Ajay Amalean and Mr. Sharad Amalean.
Joint ventures
Joint venture partners include:
- Limited Brands
- Triumph International
- Speedo International
- Stretchline Global
- Prym Intimates PLC
- Brandot International
- Noyon Dentelles
- DOGI International
- Textprint S.A[3]
Clients
Aside from Strategic Partnerships (mainly with Victoria's Secret, Nike and M&s) MAS Holdings also has various clients, including some major global brands:
Ethical standards
MAS Holdings actively promotes it workplace ethics through its empowerment of Woman (GoBeyond Program) and its opposition to sweatshops and child labour, often stigmatised within the textile industry in Asia.
Strategic business units
- Bodyline (Joint venture with MAS/Triumph/MAST)
- attune Consulting
- GT Nexus
References
- ↑ 1.0 1.1 "Victoria's Secret". Forbes.com. Retrieved 2015-03-30.
- ↑ "srilanka-apparel.com". Srilanka-apparel.com. Retrieved 2015-03-30.
- ↑ "Change Is Courage | MAS - Change Is Courage". Masholdings.com. Retrieved 2015-03-30.