Apex Adelchi Footwear Bangladesh Limited (AAFL)
The leading manufacturer and exporter of leather footwear from Bangladesh to major shoe retailers in Western Europe, North America and Japan, with estimated annual revenues of USD 110 million in 2011. AAFL pioneered the export of value added finished product export in the leather sector of Bangladesh and is also involved in the local footwear retail business with the fastest growing shoe retail network in the country. AAFL has strategic, technical and marketing partnerships with leading European companies. Publicly listed and traded since 1993, AAFL is professionally managed, currently employs over 7000 persons and is fully compliant with Corporate Governance Compliance Report under Section 2CC of the Securities & Exchange Commission Notification Order.