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Group News
2024
FEB 9
Ocean Lanka (Private) Co., Ltd. honored at the Victoria's Secret & Co Partner Summit 2024

Information Sources:Fountain Set (Holdings) Limited (the “Company”) - Corporate Governance Department of the Group

Release Date:2024-02-09

 

Ocean Lanka (Private) Co., Ltd. ("Ocean Lanka"), a subsidiary of the Company, was honored with the Raw Material Supplier Cost Efficiency Award at the Victoria's Secret & Co ("Victoria’s Secret") Partner Summit 2024, held in Hong Kong in February. This recognition marks the first time a fabric mill in Sri Lanka has received such an award. Dr. Austin Au, the Managing Director, Mr. Ruwan Mudalpath, the Head of the Sales & Marketing Department, and Mr. Sudath Indika Fernando, the Senior Manager of the Sales & Marketing Department, represented Ocean Lanka at the award ceremony.

 

Victoria’s Secret specifically recognized Ocean Lanka’s contribution in supporting their business to increase product value and flexibility and continue providing a high volume of fabrics in the region. Ocean Lanka was delighted to collaborate with Victoria’s Secret to develop innovative fabric solutions that would meet their evolving needs and enhance the overall value proposition of their products. In addition, the reliable supply chain consistently and efficiently delivers the required quantities of fabric to meet Victoria's Secret's production needs. These combined strengths solidified Ocean Lanka’s position as a valued partner, culminating in a well-deserved recognition at the Victoria's Secret & Co Partner Summit.

 

Dr. Austin Au expressed his thoughts about the recognition, stating, “We are incredibly proud to receive this award, which marks a significant milestone for Ocean Lanka. It is a testament to the dedication and collaborative efforts of our talented team. They consistently strive to optimize costs while maintaining the superior quality that defines our brand. This recognition reaffirms our commitment to continuous improvement and delivering exceptional value to our partners.” 

 

The Company is very honored and grateful for this recognition, which reflects the Company’s unwavering commitment to cost-effectiveness and operational excellence, solidifying its position as a trusted partner. The Company remains committed to innovation and promises to continue to provide customers with quality products.