30 Fastest Growing Companies in Asia 2019 30 Fastest Growing Companies in Asia 2019 | Page 10

Crossing New Geographies: Epic Designers Limited, a Vertically Integrated Garment Manufacturing Multinational Conglomerate, Plans to Further Expand into International Territories “The tremendous growth of Epic Group over the past few decades can be attributed to three broad pillars: commitment to sustainability, improvements in manufacturing and solid personal connections with all stakeholders.” T oday’s consumers, especially millennials, are increasingly concerned and influenced by companies’ accountability and initiatives around sustainability. Whether it is because they follow #gogreen, #meaningfulchange, #tcktcktck on social media or because of the growing understanding that climate change is a real threat to humans in the near future. This has manifested itself in the fashion industry with a new trend towards ‘slow fashion’. Now more than ever, consumers are curious about where their clothes were made and under what conditions. The slow fashion movement promises to be the opposite of the fast fashion trend (inexpensive clothing produced rapidly by mass-market retailers in response to the latest trends) by delivering sustainably procured and produced clothing to mindful consumers. Instead of the never- ending sale offerings due to rapidly changing trends. Slow fashion items are designed to be sustainable, functional, durable and stylish. In light of this, we’re thrilled to present Epic Designers Limited. The company designs, manufactures and distributes a wide range of apparel for men, ladies, and kids. Epic mainly serves customers in the United States, Europe & North Asia. 10 Headquartered in Hong Kong, Epic Group started its operations in 1971. Today, the company operates 16 world-class manufacturing facilities globally, overseeing the welfare of DECEMBER 2019 more than 25,000 employees who produce nearly 90 million garments annually. Ranjan Mahtani, Epic Designers Limited Founder and Chairman, spoke exclusively to The Silicon Review. Below is an excerpt. How successful was your first project? Share the experience. In 1984, Epic Group, through one of its subsidiaries, became one of the first international garment manufacturers to establish a presence in Bangladesh. Starting with a small team procuring silk garments on behalf of US-based customers, it became the largest buying office in Bangladesh with revenues of US$100 million in the early 1990s. What kind of responses have you received from your consumers over the years? How have they motivated you to shape your offerings/grow the company? Our customers play a critical role throughout our value chain. We strive to listen to our customers and create solutions that add value to them – this also helps us evolve. Over the years, we have constantly been acknowledged as industry leaders, especially in terms of product development, the use of leading technology, first-rated attention to quality, and a culture of continuous improvement. What challenges did you face in your initial years? What can your peers learn from it? During the initial years, one of the biggest challenges would be to zero-in on the location of setting up new manufacturing facilities. Apart from the in-depth knowledge of each region’s assets, including quality, availability and cost of labor, infrastructure, and manufacturing standards, there also needed a fair bit of foresight to strategically analyze where the industry is headed. My advice to peers would be to remember each region has its certain type of expertise. However, as factors change, so does the industry. A thorough understanding is needed for initial & continuing success. “Earning trust and respect of consumers all around the world is through consistent focus on delivering high quality in all of our actions.” How do you interpret this statement? This statement truly reflects the sentiments of all individuals who represent Epic. It is the recognition of Epic’s unique combination in manufacturing excellence, including state-of-the-art physical infrastructure, process-oriented work culture helmed by a highly experienced management team, continuous focus on productivity improvements and innovation, and a highly engaged and motivated workforce. This unique combination of factors has been the key to EPIC’s growth to date, resulting in our drive