Gul Ahmed Explained

Gul Ahmed
Type:Public
Foundation:April 1, 1953
Founder:Haji Bashir Ali Mohammad[1]
Location City:Karachi
Location Country:Pakistan
Location:Landhi, Karachi-75160
Area Served:Worldwide
Industry:Textile, Retail
Products:Fabrics, bedding, yarn, apparel, accessories
Revenue: - 2021[2]
Operating Income: - 2021
Net Income: - 2021
Assets: - 2021
Equity: - 2021
Num Employees:7,000
Parent:Gul Ahmed Group

Gul Ahmed Textile Mills Limited (Urdu: گُل احمد) is a Pakistani textile company which manufactures and sells clothing through a chain of retail outlets under the name 'Ideas by Gul Ahmed'.[3] [4]

History

Gul Ahmed began trading in textiles in the early 20th century.[1]

In 1953, the group decided to enter the field of manufacturing under the name Gul Ahmed Textile Mills Limited, and was incorporated as a privately limited company.[1]

In 1970, it was listed on the Karachi Stock Exchange, and was one of the leading composite textile houses in Pakistan.[5]

In 2003, Gul Ahmed expanded to the retail sector and founded Ideas by Gul Ahmed retail chain.[6] It offers a range of home textiles and furnishings for the bedroom, kitchen and bathroom, as well as men's and women's apparel. It also provides in-house monogramming, embroidery and tailor-made services.

External links

Notes and References

  1. Web site: Local retail pivot helps Gul Ahmed surge. 14 November 2021. Profit by Pakistan Today.
  2. Web site: Gul Ahmed Annual Report 2021. gulahmed.com. 19 February 2016 . 25 March 2022.
  3. News: Gul Ahmed plans to carve out business segments. The News International. 4 October 2016. 21 September 2020.
  4. News: Gul Ahmed's pivot towards retail hits a slowdown. Pakistan Today. 16 December 2019. 21 September 2020.
  5. News: Gul Ahmed Textile Mills Limited – a profile. Business Recorder. 21 September 2020.
  6. News: Fashioning Lifestyles. Mamun M.. Adil. 16 October 2019. Aurora Magazine . 21 September 2020.