July 16, 2024
Apparel, Fashion, Retail

Fashion Infrastructure Company PDS Bags LACP Platinum Award

PDS Limited, a global fashion infrastructure company has bagged the Platinum award at the League of American Communications Professionals (LACP) LLP for its FY2022-23 Annual Report in the ‘LACP 2022 Vision Awards’.

This year the theme of the PDS Annual report is ‘Fashion Simplified’ and in its first year of submission, PDS has garnered an aggregate score of 99 out of 100, ranking it prominently amongst the top 100 reports worldwide.

Along with a Platinum award in the textile, apparel and luxury category, the company secured a global ranking of 74 and PDS is one of the two Indian companies on the list.

“We are delighted to be part of LACP Top 100 Annual Reports. This marks an important milestone for PDS, as it ranks us in a stellar set of global companies,” Sanjay Jain, Group CEO said.

“We continue our journey to enhance our reporting and disclosures, thereby approaching our communication with our stakeholders with trust and transparency,” he added.

The LACP Vision Awards is a globally renowned competing platform for Annual Reports. This year the LACP received an astounding array of submissions from upwards of twenty countries across four continents, resulting in a fiercely competitive landscape.

PDS is a global fashion infrastructure platform offering product development, sourcing, manufacturing, and distribution for major brands and retailers worldwide handling over $2 billion of Gross Merchandise Value.

The company operates a vast global network covering over 50 offices in 22 countries, with over 4,000 employees and 7,600 factory associates worldwide.

PDS also offers a bespoke end-to-end outsourcing solution, engaging dedicated talent and infrastructure as an extended arm of retailers and brands.

The company reported consolidated revenues of Rs 10,577 crore in fiscal 2023 ending March 31, 2023.

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