Financial Times

Hameedia launches in the Maldives

 

Picture shows Minister of Trade and Commerce Mohamed Rasheed (right) in conversation with Fouzul Hameed. At left is Abdul Majeed, Managing Director, Bison Company of the Maldives.

Sri Lanka’s leading menswear specialist Hameedia recently opened its fully equipped and state-of-the-art showroom in the Maldive Islands. The opening under the patronage of the Minister of Trade and Commerce Mohamed Rasheed was done in the presence of Maldivian Defence Minister Ameen Faisal, Foreign Affairs Minister Dr Ahmed Shaheed, Finance and Treasury Minister Ali Hashim, several other distinguished Ministers of the Maldivian Government, the Attorney General and Members of Parliament.
With this brand new showroom in Malé, and another in Chennai’s Spenser Plaza, Hameedia said in a statement that it becomes Sri Lanka’s first ever clothing retailer to further expand its presence in the South Asian region.

Situated at the M. Zaabu, Fareedhee Magu in Malé, the 1750 sq metre showroom features all of Hameedia brands such as ‘Envoy’, ‘Le Bond’, ‘Signature’ etc. Speaking at the launch, the Maldivian Minister of Trade and Commerce Mohamed Rasheed said that the Maldives is finally complete with a world class men’s store of the calibre of Hameedia. “Hameedia is renowned to give men a complete solution and is very well known among the top end Maldivian community,” he added.

Managing Director Hameedia Fouzul Hameed said he was happy that the company was able to position a Sri Lankan brand in the international market. “Hameedia has groomed successful men in Sri Lanka for decades, and now, with years of experience, we’re confident that we will conquer not only the Maldivian markets but also the large number of international tourists who holiday in the Maldives. The Maldivians know our brand very well. We’re now at their doorstep thus enabling them to experience our brands in a more personal way”.

Mr Hameed added that taking a Sri Lankan brand overseas has been a long felt need in the Sri Lankan industrial sector, especially the apparel sector. “Although there are a very few successful Sri Lankan brands making a mark overseas, in the field of readymade men’s clothing, there isn’t any significant presence of a fully Sri Lankan brand in the international market”.


 
Top to the page  |  E-mail  |  views[1]
 
Other Financial Times Articles
> CIC looks for new name
> PBJ not fit to hold public office-respondent says
> Lankan firm produces top rubber glove
> Hayleys to shed Lighthouse?
> IMF loan: CB to prevent sharp rupee gains
> IRD to recover Rs 12 bln tax dues in two years
> Small miracle or small mistake
> COMMENT - Exposing corruption in Sri Lanka
> Attempt to block streams of justice
> Call to eliminate permanent tax exemptions
> Finlays Tea Estates annual awards ceremony
> HSBC top-rated by prestigious magazine for its Internet banking
> Forex fraud at Ceylinco Shriram Ltd revealed
> UK freight forwarder invests in Sri Lanka
> SIA opens new service centre at Ion Orchard
> BOI receives ISO 9001:2000 accreditation
> Kanchana Ratwatte gets new post
> Lankan firms should look to invest in India
> SCB CEO aggressively pushed for hedging deals-former employee
> CSE to set up in Jaffna
> Prolink Atom Netbook introduced
> One computer for every 100 children today
> Seminar on directors’ responsibilities during a financial crisis
> Fitch confirms HNB National Rating
> Office bearers of the Sunday Times Business Club
> Mobile phones for inward remittances, awaiting guidelines
> JKH profits down, but optimistic about the future
> Seylan Bank shows Rs 188 mln profit in 6-mth period
> Sri Lankan elected President of CNA World in Italy
> 29 GK-affiliated companies to be listed in the CSE
> Airtel to go to East by year-end
> CBL to launch medicinal garlic in pure bees honey
> Ogilvy Action marks 10 years
> Competition from India to increase with peace
> Book Review
> IMF: Government committed to implementing programme
> IMF facility is good for the country- readers say
> Fund to monitor foreign commercial borrowings and re-payments
> Sri Lanka targets Northeast for tourism expansion
> Recovering EPF contributions
> ICASL seminar on Companies Act
> Hameedia launches in the Maldives
> Golden Key depositor commits suicide

 

 
Reproduction of articles permitted when used without any alterations to contents and a link to the source page.
© Copyright 2009 | Wijeya Newspapers Ltd.Colombo. Sri Lanka. All Rights Reserved.| Site best viewed in IE ver 6.0 @ 1024 x 768 resolution