Overview
Deepak SethChairman
House of Pearl Fashions Limited was established in 1987 under the spirited guidance of Mr. Deepak Seth a first Generation Entrepreneur. Over the last 25 years the company has emerged as a frontrunner in the arena of apparel and consumer goods in India and globally.
The Group operates a vast global network covering over 25 offices, 15 countries, 22 owned manufacturing facilities, 12500 machines with a capacity to produce over 55 Million garments annually, and over 20500 associates and employees across Europe, North America, South America, Middle East and Asia. We have global network of fully owned and partner factories which have been technically and ethically audited to international standards.
In addition to the broad range and diversity of consumer products available through its extensive international manufacturing and sourcing network, House of Pearl furnishes its strengths in custom product design and development to provide absolute global sourcing solutions for its customers.
We run two distinct business streams (manufacturing and outsourcing) which are both independently and professionally managed.
House of Pearl Fashions Limited is truly a global company that can be summed up as an Equal Opportunity employer, with global citizens, operating out of multiple continents with successful business models. Very few companies can claim the same business and employment opportunities the group brings to the world of fashion.
House of Pearl believes that any business conduct can be ethical only when it rests on the nine core values of Honesty, Integrity, Fairness, Respect, Trust, Purposefulness, Responsibility, Citizenship and Caring. The essence of these commitments is that each employee conducts the Company's business with integrity, in compliance with applicable laws and in a manner that excludes considerations of personal advantage.
We are a company driven by Trust, People, Processes, Technology and Passion.
Chairman's view
The outlook for the industry is indeed challenging because of the current world economic scenario. Fortunately House of Pearl Fashions with its unique business model is well placed to grow at 25-30% year on year. As the going gets tough there would be huge opportunities due to supply and demand chain led consolidation happening globally at manufacturing and retail level. Going forward the groups focus would be to grow the bottom line and give good returns to our investors and shareholders.
