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Enterprise Ireland
Annual Report and Accounts
2004

Libra Designs

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Libra has in recent years completely changed its business model and transformed itself from being a clothing manufacturer into a fashion design company. The company delivers a wide range of unique womenswear collections, including accessories, targeting high-end retailers and achieving exports of 75% of total sales.

The company’s productivity has increased significantly as management focused on process efficiencies and targeted marketing. As part of Enterprise Ireland’s Supply Chain Management programme, Libra developed a five-year plan. This plan took shape in 2004 with the implementation of a number of initiatives aimed at reducing costs and improving service to its customers, the strengthening of its design team and the appointment of a new Chief Executive Officer to take them on to another level.

Libra is now an established presence in the UK quality womenswear retail sector and is known for innovative design ideas, such as its new range for ladies with a fuller figure. The company is looking at developing its export reach into Continental Europe with the assistance of Enterprise Ireland’s overseas offices. Having also received the Irish Exporters Award in 2003 Libra is growing from strength to strength. It is already designing its 2006 ranges and is geared for 12% growth in 2005.

www.libra-design.com

Image of Libra Designs receiving the Drapers Record 'Brand of the Year' award
Libra Designs receiving the Drapers Record 'Brand of the Year' award. Pictured from left: Brian Beggan, Joint Managing Director, Libra Designs; Marguerite Higgins and Bernie O'Farrell, Chief Designers, Libra Designs and comedian Jack Dee.

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