Case Studies. Top 10
Entrepreneurs of annual Awards 2006
SAAD
ALI – KARMA
The idea
was to bring professionalism, efficiency and growth to the
fashion Industry of Pakistan. Want to put Pakistan on the
Fashion map of the world. The idea was to set-up a
marketing & manufacturing company that would provide the
support to the design talent that is extremely
under-utilized & un-exposed to the rest of the world.
Before
Karma I was working for Levi Strauss
Pakistan
(Pvt.) Ltd for 2 years. I was one of a 3-member task force
employed by Levi Strauss San Francisco to launch the
marketing business for Levi’s in Pakistan. My father owned
2 garment factories in Sharjah for the past 15 years; also
in Pakistan we have a cotton re-processing unit. Hence an
extensive background in the textile and fashion industry
had geared me for a future in fashion.
This year Karma is devoting to establishing a retail
network, locally as well as internationally.
When we acquired Karma - the sales turnover was approx. Rs. 5
million annually. After the acquisition by
Newport
and development of processes & systems the sales jumped to
approx. Rs. 18 million. This was the first year - in the
second year we are projecting a 20% further growth.
In the future Karma hopes to establish a retail network
nationwide & globally. Franchising options are also being
developed.
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