
Noida-based Find Agencies Private Limited (FAPL), an almost three-decade old company, is eyeing market expansion for which it is exploring the US and Scandinavian market. FAPL, a sister concern of Francis Wacziarg Group of companies, is currently working mostly with France, which contributes around 75 per cent of its total business and rest of the 25 per cent is from countries like Italy, Finland, Spain, UK and Australia. Aristide Samuel, Director of the company informed, “Despite the down sentiments in Europe, we are doing well and have added new clients in our buyers’ list. Exploring US and Scandinavian countries is good option to grow further, as these two regions are doing relatively well. We are expecting growth of 20-25 per cent for the next fiscal year.”
The company is currently sourcing home and lifestyle products including leather garments, footwear and fashion accessories. Having its foot prints in 11 major production locations and 6 offices across the country, adds an edge to the company in comparison of its competitors. It has niche clientele, including hypermarkets and supermarkets, department stores, textile and giftware importers, international designers, well known brands and boutiques.
Aristide shared that apart from international scenario, high cotton price is also a concern. “To fulfil the customer’s stringent demands, we are trying to consolidate business with factories who are able to meet the requirement in terms of quality, pricing, social compliance, organization’s collection and pro-activeness,” He further added that at the moment, most of the customers have reduced their quantities in general but at the same time increased the number of stock keeping units (SKUs). “This is very challenging for our teams who needs to negotiate better with the factory while understanding the technical feasibility of the specific product, since our job is all about details, we have to be extremely careful when the work load increases as we cannot afford to make any mistake. We have in place ERP system to monitor each and every order which have been accepted by FAPL. This system helps to a great extent and alerts you with the pending activities,” added Aristide Samuel.
The company keeps on adding new vendors from time to time, depending on their designs and commercial abilities, but currently, its major concern is social compliance and they are moving towards it judiciously. “Compliance is a process wherein we keep on looking for better ways to protect the health, safety and fundamental rights of employees, and to enhance the community and environment in which they operate,” underlined Aristide.






