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The company is known for catering to diverse range of customers including clothing for men, women, and children, as well as accessories and home decor items. It is a regarded as the largest fashion retailer in Sri Lanka and also considered as the most popular fashion retail store in Sri Lanka. [1] [2]
The company started when Otara Gunewardene began selling factory surplus garments and apparel from her car boot to family and friends in 1989. [5] [6] [7]Gunewardene registered Odel (the name is based on her own name, Otara Del Gunawardene [5]) as a private limited liability company on 31 October 1990 [7] [8] and the company opened its first 37 m 2 (400 sq ft) store on Dickmans Road in Colombo.
Sri Lanka Sikhamani Sunna Deniya Gunadasa (5 September 1931 – 6 July 2014) (known as S. D. Gunadasa or Dasa Mudalali) was a Sri Lankan business magnate who brought the concept of the supermarket to Sri Lanka in 1977. [1] He later became a garment manufacturer in Sri Lanka, and subsequently the Chairman and founder of DASA Group. [2] [3] [4]
Arpico Super Centre also popularly simply known as Arpico is a chain of supermarkets which is also regarded as a departmental store located in Sri Lanka owned by Richard Pieris & Company. The retail shopping mall was initially started with the concept of supermarket and then transformed its business operations as a supercentre.
MAS Holdings is a Sri Lankan apparel manufacturer. [3] [4] [5] The company was founded in 1987 by Mahesh, Sharad and Ajay Amalean. [6]MAS Holdings began as an underwear manufacturer and later diversified into sportswear, performance wear and swimwear.
Barefoot currently has five weaving centres in Sri Lanka, run by the weavers, using designs by Sansoni and the Barefoot design team. [4] The company's flagship store, on Galle Road in Colombo, which opened in the early 1970s, is housed in a collection of buildings, centred on an old 1920s town house.
The company is listed on the Colombo Stock Exchange since 1981 and in 2017, the Sri Lankan conglomerate, Hayleys acquired the majority of the shares. Singer (Sri Lanka) is ranked 17th in the LMD 100, an annual list of listed companies in Sri Lanka by revenue, in 2020/21 edition. [4]
LMD 100, dubbed as "Sri Lanka's Fortune 500", annually lists the leading 100 quoted companies in Sri Lanka. Only the top 10 companies are listed below. All revenue figures reported before the financial year ending 2024. [2] [3]