Odel PLC

Odel PLC

CCSELK:ODEL.N0000
10.00
LKR
-0.70
(-6.54%)
No data availableFinancial data will appear here once available

Capital Structure

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Working Capital

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Growth Rates

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Quarterly Revenue

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Quarterly Earnings Per Share

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Quarterly Dividends Per Share

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Company Description

CEO
Ashok Kariyawasam Pathirage
Sector
Retail trade
Industry
Apparel/Footwear retail
Address
Colombo Sri Lanka
IPO Date
Jul 5, 2010
Website
odel.lk
Business
Odel PLC operates as a fashion and lifestyle retail company in Sri Lanka. The company operates a network of department stores, specialty retail boutiques, and an e-commerce platform offering a comprehensive portfolio of apparel, accessories, and consumer lifestyle products. Its core product and service offerings comprise men's, women's, and children's apparel, casual wear, formal attire, activewear, and innerwear under proprietary private labels and international designer brands; fashion accessories, including fine and costume jewellery, timepieces, sunglasses, belts, and scarves; footwear, leather goods, travel luggage, and handbags; cosmetics, skincare, fragrances, and personal care products; home and living items, including home décor, tableware, kitchenware, bedding, bath textiles, and furnishing accents under the Odel Home concept; artisanal crafts, Ceylon teas, souvenirs, and tourism-themed merchandise under the Luv SL brand; gourmet chocolates and confectionery under the Delight label; and casual dining, café, and beverage services through dedicated in-store food courts and promenade outlets. In addition, the company provides omnichannel retail and online ordering services via its proprietary e-commerce portal. The company distributes its own in-house brands, such as ODEL, Luv SL, Backstage, Tara, Closet, and WYX, alongside international franchise and licensed partner brands, including Mango, Aldo, Charles & Keith, Levi's, Tommy Hilfiger, Calvin Klein, and Mothercare. The company operates retail stores across major commercial hubs, shopping malls, high streets, and airport departure terminals in Sri Lanka, with key locations in Colombo, Kandy, Galle, Negombo, and surrounding metropolitan regions. In recent developments, Odel PLC has expanded its physical retail presence across major commercial developments, including new store inaugurations at Havelock City Mall; continued development of its flagship Alexandra Place retail and commercial complex in Colombo; accelerated omnichannel integration with parent entity Softlogic Holdings PLC through unified customer loyalty and digital payment frameworks; broadened its product mix with locally manufactured and sustainable fashion ranges under Luv SL to capture growing tourist retail footfall; and enacted operational realignment and supply chain efficiency initiatives to support retail margins. Odel PLC was founded in 1989 and is headquartered in Colombo, Sri Lanka. Odel PLC operates as a subsidiary of Softlogic Retail Holdings (Pvt) Ltd within the Softlogic Holdings PLC group.