Basic HTML Version
56
|
The Textile Magazine
APRIL 2012
Page Industries’
ambitious
expansion plans in progress
corporate
Page Industries Ltd.,
which started commer-
cial production at its new
unit at Manganapalya,
Bangalore, on March 12,
is the exclusive licensee
of Jockey International
Inc. (USA) for manufac-
ture and distribution of
the Jockey brand in-
nerwear/leisurewear for
men and women in India,
Sri Lanka, Bangladesh,
Nepal and the UAE.
The company positions Jockey
as a premium brand and offers its
products across three main seg-
ments, i.e., men’s wear, women’s
wear and leisure items. In 2010,
Page Industries renewed its li-
cence agreement with Jockey for
a period of 20 years through 2030.
The company registered 39 per
cent growth to Rs. 529.12 crores
in sales for the first nine months
of fiscal 2011-12. PAT amounted
to Rs. 72.94 crores, registering
a growth of 60 per cent over the
same period the previous year.
Today, brand Jockey has its pres-
ence in 71 exclusive brand out-
lets and 19,000 plus retail stores
in 1,200 cities and towns across
India.
This year, Page Industries has
added another feather to its cap by
becoming the exclusive licensee
of Speedo International Ltd. for
the manufacture, marketing and
distribution of the Speedo brand
in India. Under this agreement,
Mr. Sunder “Ashok” Genomal,
Managing Director