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.
Type | Public |
---|---|
PSX: SAPT | |
Industry | Textile |
Founded | 1940Calcutta, India | in
Headquarters | Lahore, Pakistan |
Products | Textiles and textile products |
Revenue | $800 million |
Total assets | US$500 million PKR 50 Billion |
Number of employees | 12,000 (2012) |
Subsidiaries | Sapphire Retail |
Website | www |
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]