Mas Holdings

A Term Paper submitted for ADW 624

BUSINESS ISSUES & SUSTAINABLE DEVELOPMENT

CASE STUDY TITLE: THE ETHICAL BRA

(PRESENTATION REPORT)

In partial fulfillment of the requirements for the Degree of

MASTER OF BUSINESS ADMINISTRATION

PREPARED for Dr SalmiMohd Isa

Universiti sains malaysia

penang

12 december 2014

BY

PARAMESWARI SUBRAMANIAM (PGSM0088/13)

SANKAR KUPPUSAMY (PGSM0087/13)

NO | CONTENT | PAGE NUMBER |

1 | 1.0 MAS HOLDINGS | 3 |

2 | 2.0 MAS COMPRISES FIVE BUSINESS UNITS 2.1 MAS INTIMATES 2.2 MAS ACTIVE 2.3 MAS SWIM 2.4 MAS FABRICS 2.5 MAS INVESTMENTS | 3-4 |

3 | 3.0 HISTORY OF MAS HOLDINGS | 5 |

4 | 4.0 ABOUT SRI LANKA | 6 |

5 | 5.0 LABOUR ISSUES IN THE APPAREL INDUSTRY 5.1 WORLDWIDE 5.2 SRI LANKA | 6-7 |

6 | 6.0 QUESTION 1 | 8-9 |

7 | 7.0 QUESTION 2 7.1 WHAT WAS NEEDED FOR THE PROGRAM ME TO GO AHEAD? | 9-12 |

8 | 8.0 QUESTION 3 8.1 MAS ECO GO BEYOND | 12-13 |

9 | APPENDIX | 14-16 |

1.0 MAS HOLDINGS

MAS Holdings is one of Sri Lanka’s largest apparel manufacturers and employing more than 34,450 people in 21 factories in 10 countries. Each year, MAS manufactures 44 million bras and is Victoria’s Secret’s largest supplier. The Annual revenues are US$570 million.

The company is owned entirely by the Amalean family and privately -held. Chairman Mahesh Amalean is the eldest son of five children which held the CEO title until 2004. The current CEO and Deputy Chairman is middle brother which is Sharad who had previously been the CFO. The youngest brother which is Ajay is Director of the Corporate Solutions division and also handles the creative Marketing and Design aspects of the business and oversees MAS Finance and Human Resources functions. The rest of the Executive Management Board consists of three Managing Directors, the Director of Corporate Development and the Group Director of Human...