Odel

Odel PLC
Company typePublic
CSEODEL.N0000
ISINLK0366N00001
IndustryRetailing
Founded1990; 34 years ago (1990)
FounderOtara Gunewardene
Headquarters,
Sri Lanka
Key people
Ashok Pathirage (Chairman/Managing Director)
ProductsClothing, Sportswear, Cosmetics, Footwear, Jewellery, Luggage, Food, Stationery and Souvenirs
RevenueIncrease LKR7.361 billion (2022)
Increase LKR117 million (2022)
Increase LKR(1.371) billion (2022)
Total assetsIncrease LKR28.363 billion (2022)
Total equityDecrease LKR5.413 billion (2022)
Number of employees
over 900 (2022)
ParentSoftlogic Retail Holdings
SubsidiariesCotton Collections
Websiteodel.lk/home
Footnotes / references
[1]

Odel (stylised as O▷ΞL and ODEL) is a public retail company, the first in Sri Lanka.[2] Starting out as a single company focusing on the retail garment trade, Odel developed over the years to become the first department store in the country.[3][4]

  1. ^ "Annual Report 2021/22" (PDF). cse.lk. Odel PLC. Retrieved 7 June 2023.
  2. ^ "Story of Otara Gunawardene, founder of the iconic Colombo store Odel". NewsIn.Asia. 14 November 2016. Retrieved 27 January 2021.
  3. ^ "Otara; her success story". www.dailymirror.lk. Retrieved 27 January 2021.
  4. ^ "Entrepreneurship lessons from Otara | Daily FT". www.ft.lk. Retrieved 27 January 2021.