Enterprise: How a Midland Clothing Firm Is Bucking the Trend
A Midland clothing manufacturer is bucking the trend against the downturn in the local textiles industry.
Wolverhampton-based LS International says it is struggling to keep up with demand while other firms are fighting to survive.
Turnover from January to June this year saw a rise to pounds 838,000 - a 64 per cent increase on the same period last year. Its net profit before taxation for the first half year of about pounds 40,000 exceeded that of the whole of 2001.
It supplies the corporate and promotional workwear sectors and reports seeing rapid growth in turnover and profit during the last three years.
LS has won a series of regional business awards this year underlining its achievements amid the gloomy market conditions.
Its major concerns today are how to manage that growth effectively and how to bring in new machinists to learn the skills that have been handed down at its factory over the last 30 years.
LS International, which has 30 employees at its Wolverhampton factory and around 300 in total at production sites throughout the world, is a family business that began supplying the wholesale trade and mail order houses.
Three decades on, it is now the preferred supplier for a whole host of national companies in the corporate and promotional workwear sectors. It also manufactures uniforms for a number of police forces.
Daljit Mehat, whose father Lachhman Singh founded the firm, and his co-director Howard Chalmers have been business partners for ten years. …