MAS Holdings
Private | |
Industry | Apparel |
Headquarters | Colombo, Sri Lanka |
Key people |
Deshamanya Mahesh Amalean, Ajay Amalean, Sharad Amalean, Timothy Speldewinde |
Products | Intimate Wear, Active Wear, Fabric Production, Finance, Consulting |
Revenue | US $1.6 billion (2016)[1] |
Number of employees | 74,000+ |
Website | Official Website |
History
In 1987 Mahesh, Ajay and Sharad Amalean introduced lingerie manufacturing to South Asia and there began the MAS legacy. What seemed as venturing down a most unconventional path has resulted in MAS being at the forefront of taking the art of lingerie manufacturing to the world. "4"
MAS is a company which focuses on fashion and lifestyle.It is a manufacturer of intimate apparel, sportswear, performance wear, swimwear and provides IT solutions to the apparel and footwear industry.MAS also owns Sri Lankan lingerie brand amanté.[2][3]
MAS is a $1.6 billion conglomerate and is positioned as one of the world’s most recognized Design–to-Delivery Solution Providers in the realm of Apparel and Textile Manufacturing. The organisation is headquartered in Sri Lanka with 48 manufacturing facilities placed across 15 countries, with design locations placed in key style centers across the globe and with over 74,000 people involved in its operation. The seamlessly integrated supply chain that is balanced to perfection with the organisation’s strategically placed design houses gives MAS the knowledge, the means and the speed to delivery that is demanded by the industry.
MAS has a very diversified portfolio under its umbrella. With businesses in IT, its own brands and Industrial Parks; MAS is a conglomerate that strives to create a self-sustained eco system in the global business arena.
MAS is proud to hold a global reputation for an ethical and sustainable working environment. The tireless effort put towards women’s empowerment has put MAS on the map as a global standard to aspire to. The concept of “new thinking” at MAS breaks the norms of innovation as the world knows it. Re-engineering, re-thinking resource utility, exploiting processes and the relentless pursuit of excellence is the MAS lifestyle.
MAS began a green revolution in the industry with Thurulie; the world’s first purpose build ECO manufacturing plant. This plant
has been rated LEED Platinum by the US Green Building Council and has been profiled as a Global Best Practice in Sustainability. The nurturing of people, their passion and their ideas has evolved MAS from a business organisation to a global community. This global community partners with some of the world’s foremost brands in fashion and style that is timeless.
The MAS name came from the first letters of its three founders. Mr. Mahesh Amalean, Mr. Ajay Amalean and Mr. Sharad Amalean.
Joint ventures
Strategic Partnerships include:
- EME Holdings, S.A de C.V, Mexico
- Ets Lucien Noyon Et Cie, France
- Groupo Deal, S.A de C.V, Mexico
- Hogwarts Ltd, HK
- Ling Chee Yan, Samuel, HK
- MAST Industries, Inc, USA
- New Impact (Pvt) Ltd Singapore
- NSL Infratech (Pvt) Ltd, India
- Prym Intimates Group Ltd, HK
- Regina Pacific Investment Ltd, Mauritius
- Speedo International Ltd, UK
- Stretchline (UK) Ltd, UK
- Tradecard, Inc, USA (Also known as GT Nexus)
- Triumph International Overseas Ltd, HK
- Ultimo Brands International Ltd, UK
- Wind force (Pvt) Ltd, Sri Lanka
- Brandot International Ltd, USA
Clients
Aside from Partnerships (mainly with Victoria's Secret, Nike and M&S) MAS Holdings also has various clients, including:
Other Business
MAS Fabric Park
MAS Fabric Park is Sri Lanka first privately owned fabric intensive free trade zone.It is the leader in industrial multi facility connectivity empowering the apparel and fabric manufacturing industry the best supply chain solution in a sustainable ECO system. Equipped with an array shared services it offers a complete solution to investors.
MIMT
MIMT serves as a ‘One Destination Solution’ to all training facility requirements and is a company fully owned by MAS Holdings. Situated within Sri Lanka’s first apparel intensive private free trade zone; MAS Fabric Park, MIMT offers a range facilities needed to carry out diverse training programmes. Established in 2007, MIMT has grown to be the most widely used training destination by private corporates in Sri Lanka and is the country’s largest residential training centre. Patronized by the top blue chips of the Island in addition to government organizations and NGOs, MIMT’s umbrella of services is both unique and unmatched.
Executive training suites, luxury chalet accommodation, executive training rooms, fully equipped 400 seater auditorium, clubhouse & roof-top restaurant, VIP dining, Western & Eastern food preparation, 200 seater cafeteria, sports ground with capacity for 4000 people, state of the art swimming pool and adventure training are just a few of many facilities available at MIMT.
In addition to corporate training facilities, MIMT is also a destination for leisure. Used by many organizations for annual trips, fashion shows, sales conferences, exhibitions and sports days the spectrum of MIMT services keep expanding.
References
- 1 2 "Victoria's Secret". Forbes.com. Retrieved 2015-03-30.
- ↑ http://www.masholdings.com/
- ↑ http://www.amante.lk/company
External links
- Official website
- 2013 WEPs Leadership Awards
- Case Study: MAS Holdings An excerpt from Market Movers: Lessons from a Frontier of Innovation
- MAS Holdings: Strategic Corporate Social Responsibility in the Apparel Industry
- United Nations Global Compact 2014 - Communication On Progress
- Victoria's Secret
- http://www.mimt.lk/
- http://www.masfabricpark.com/