02 December 2021, Mumbai:
s.Oliver has a partnership with Techno Design which has the potential to translate into an annualized Rs 375 crore sourcing opportunity. Through this partnership the s.Oliver Group will focus on its core competencies and benefit from the rich raw material availability, skilled personnel and gain from the competitive manufacturing India has to offer.
s.Oliver is a German fashion and lifestyle company that sells apparel and accessories, as well as different license products like shoes, jewelry, fragrances, and eyewear. It has a presence in over 40 countries. India is an important sourcing destination for s.Oliver. Through this partnership with Techno Design, the company aims at strengthening its sourcing from India and fully leveraging the potential of the market.
Techno Design is part of the parent company PDS Multinational Fashions. India is one of the key sourcing locations for PDS for serving its customers across the global apparel and fashion industry. PDS continues to further augment its presence in this region. Through this strategic partnership, PDS will further strengthen its existing sourcing from India and leverage the capacities and capabilities of Indian apparel manufacturers to seamlessly service global brands. PDS Multinational Fashions offers product development, sourcing, virtual manufacturing, and distribution for major brands and retailers worldwide. The company operates through 50 offices in 22 countries.
