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Sri Lanka apparel group chief says scale can change industry

Nov 12, 2010 (LBO) - Ashroff Omar, head of Sri Lanka's Brandix apparel group had told a global conference that the creation of larger firms can drive research and development to make apparels give higher value to users, his company said.
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He had delivered the keynote address at an event marking 100 years of The Textile Institute in Manchester, Brandix said in a statement.
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Omar had said that now the apparel making industry was fragmented and chasing cheap labour.

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He said that industries such as automobile, computer and footwear have provided consumers with phenomenal products at great prices whereas the apparel industry had provided the same product at a higher price.

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Omar had said that large numbers of small players did not have the scale needed to deliver outstanding value.

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He said that there was space for a few five billion dollars companies to emerge and change the business model.

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