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L-R: AbrimaErwiah, Lanre Da Silva Ajayi, Dave Uduanu, Folake Coker, Ebuka Obi-Uchendu
The recently concluded Fashion Business Series which was hosted by Style House Files, founders and Heineken Lagos Fashion & Design had in attendance seasoned specialists in their various niches including: OmoyemiAkerele (Founder/MD Style House Files), Dave Uduanu (MD PAL Pensions), Simone Cipriani (CEO Ethical Fashion Initiative), AbrimaErwiah (Co-founder Studio One Eighty Nine), Lola Emeruwa (MD LE Retail), David Wej (MD David Wej Stores), NnaniOchije (VP Konga), KachiUdeoji (Editor, Fashion Business Africa), Mai Atafo (Creative Director, Mai Atafo), IsokenOgiemwonyi (MD of Zazaii), Noble Igwe (Editor, 360 Nobs & Style Vitae), Kenneth Ize, Okunoren Twins, IjeomaNdekwu (MD Redrick PR & Fashion Editor), Keturah King (CNN), Pepper Chikezie (Head of Programming, Spice TV), Bola Balogun, AzukaOgujiuba, OzinnaAnumudu and Lisa Folawiyo.
The event – which served as a forum for exchanging ideas, networking and exploring strategies to grow the fashion industry- kicked off with the MD of PAL Pensions – Dave Uduanu, speaking on how to make the fashion industry investible and how to structure an investment in fashion through an investment fund. “Investors prefer to invest in bold and distributive business ideas because investors are interested in the business of fashion and not fashion in itself.” Dave Uduanu said.
Participants at the event were enlightened on the challenges in the industry owing largely to inadequate infrastructure to enable local manufacturing. Citing examples, Lanre Da Silva Ajayi of LDA World said “Nigeria imports sewing threads”.
Panellists also advised potential investors and budding fashion entrepreneurs on the importance of collaborating with industry stakeholders as a key tool for the nation’s economic growth.
The Fashion Business Series was proudly sponsored by PAL Pensions; Nigeria’s leading Youth friendly Pension Funds Administrator.
About PAL Pensions
PAL Pensions (PAL) was incorporated on April 14, 2005 to manage and administer Retirement Savings contributions of employees in Nigeria as a result of the Pension Reform Act of 2004. Pensions Alliance is a joint venture between FSDH Merchant Bank and African Alliance Insurance Company Limited.
Pensions Alliance Limited is one of the top seven PFAs in Nigeria with Assets Under Management of N199 billion as at 31st January 2016. Our customer base cuts across key segments of the pension fund management industry including; Private sector, Public sector – (Federal Civil Service, Federal Government Establishments and State Governments); and defined benefits or legacy schemes.
Specialties: Retirement Savings Account, Retiree Fund, Additional Voluntary Contributions (AVC), Gratuity Fund, and Legacy Fund.
Source: Punch News
