Sapphire Textile

Sapphire Textile (سفائر ٹیکسٹائل) is a Pakistani textile and retail company based in Lahore, Pakistan. The retail sector of it was founded in 2014 by Nabeel Abdullah. A subsidiary of the Sapphire Group of Companies, it is a vertically integrated textile manufacturer, producing cotton yarn, fabric, and finished garments. Sapphire's retail sector began as a women’s apparel brand but quickly grew into a lifestyle brand with products ranging from cosmetics, menswear, children's garments, accessories and linen. As of January 2022, Sapphire operates 35 stores nationwide with approximately 1100 employees.

Sapphire Textile
TypePublic
PSX: SAPT
IndustryTextile
Founded1940 (1940) in Calcutta, India
HeadquartersLahore, Pakistan
ProductsTextiles and textile products
RevenueIncrease $800 million
Total assetsIncrease US$500 million PKR 50 Billion
Number of employees
12,000 (2012)
SubsidiariesSapphire Retail
Websitewww.sapphire.com.pk

In 2021, the company had a turnover of over US$800 million, with an asset base of over US$500 million.

The company has also diversified into the power generation and dairy sectors. Sapphire Dairies Private Limited operates a mechanized dairy farm based on 100 acres near Manga, Lahore, and Sapphire Electric Company has a combined cycle plant in Muridke.[1]

References


This article is issued from Wikipedia. The text is licensed under Creative Commons - Attribution - Sharealike. Additional terms may apply for the media files.