MAS Holdings

MAS Holdings
Native name
ඇම්.ඒ.එස්. හෝල්ඩින්ග්ස්
FormerlySigma Industries
(1984 – 1987)
Company typePrivate
IndustryApparel & Textile
Founded1987; 37 years ago (1987)
in Panadura, Sri Lanka
FoundersMahesh Amalean
Sharad Amalean
Ajay Amalean
HeadquartersColombo, Sri Lanka
Areas served
16 countries
Key people
Deshamanya Mahesh Amalean (Chairman)
Sharad Amalean (Deputy Chairman)
Ajay Amalean (Co-Founder)
Suren Fernando (CEO)
ProductsIntimate wear
Sports and active wear
Performance wear
Textiles
IT
Brands
Industrial parks
Swimwear [1] amantè, Become (clothing), Spryng
RevenueUS$ 200 Million [2] ( 2018 )
Number of employees
99,000+ [2] ( 2019 )
SubsidiariesMAS Intimates (Pvt) Ltd
MAS Active (Pvt) Ltd
MAS Kreeda (Pvt) Ltd
MAS Brands (Pvt) Ltd
attune Consulting rizing
Bodyline (Pvt) Ltd
Websitemasholdings.com

MAS Holdings is a Sri Lankan apparel manufacturer.[3][4][5] The company was founded in 1987 by Mahesh, Sharad and Ajay Amalean.[6] MAS Holdings began as an underwear manufacturer and later diversified into sportswear, performance wear and swimwear.[7][8]

MAS Holdings has 53 manufacturing facilities in 17 countries employing over 100,000 people globally (Sri Lanka - 90,040 in 2021/22). The company has design and development hubs in New York, London, Hong Kong and Colombo.[7]

The company manufactures apparel accessories, fabric and apparel manufacturing. MAS Holdings’ current portfolio encompasses businesses in IT, brands and industrial parks.

  1. ^ http://www.masholdings.com/archive_17A/Mar07_1488908462CH.php [dead link]
  2. ^ a b "Leading Apparel Manufacturer in the World".
  3. ^ Kanth, K. Rajani (5 November 2007). "MAS Holdings bullish on own intimate wear brand". Business Standard India. Business Standard. Retrieved 2017-09-05.
  4. ^ "Finance transformation: A case study of MAS Active". Daily FT. Retrieved 2017-09-06.
  5. ^ "amanté to strengthen exclusive store network with 25 new outlets over 2 years". India Retailing. 23 August 2017. Retrieved 2017-09-07.
  6. ^ "Anusha's Caribbean dream". Sunday Times. Retrieved 2017-08-01.
  7. ^ a b "MAS Holdings: Strategic Corporate Social Responsibility in the Apparel Industry". INSEAD. Retrieved 2021-04-24.
  8. ^ "Get your green pants here". The Economist. 29 May 2008.