Blog Sweden Sri Lanka Business

3 quick questions to Tailor Store’s CEO Magnus Loodberg about tailor-made garments developed and sewn in Sri Lanka. Magnus founded Tailor Store when he was 23 years old after an IT internship in Sri Lanka. He had no background in clothing but understood the potential of offering made-to-measure garments online. The biggest markets today are the US, Switzerland, Germany, France, UK, Australia and the Nordics.

Why Sri Lanka?
During my internship, I had made friends on the island that I trusted. They introduced me to more people. I was always treated very well. Everyone was engaged and wanted to learn. 20 years later, we have 500 employees in Sri Lanka and two factories in a subsidiary.

How do you work on the management of the business?
We have an all-Lankan management team. Loyalty and the desire to contribute to a better country permeate the management culture. We have weekly meetings and travel regularly to Sri Lanka. The production process has evolved a lot since the beginning but always based on the basic idea of offering a perfect individual fit at a reasonable price. Today, the production process is highly automated. Every member of the production team has a tablet at their working station with information about the individual garment to be sewn.

What advice would you give to anyone planning a manufacturing operation in Sri Lanka?
Sri Lankans are friendly and accommodating. Therefore, initially find a reliable person who speaks the language. This person can act as your sounding board. At the same time, establishment takes time. Therefore, be patient but make demands and work with deadlines. We did everything from scratch. First, we bought land and then we built the two factories. It proved to work very well mainly due to that we found the right person from the start.

3 quick ones to Kerstin Thulin new board member of SSLBC. She has a long international career in leading positions within IT, telecom, and shipping. Kerstin has worked in Sri Lanka, Oman, India, and several African countries.  

What is your relationship with Sri Lanka?

I first came to Sri Lanka in 1983 when I had the opportunity to adopt one of my daughters. It was an overwhelming experience during the burning civil war. In 1996, I was asked to help set up the telecom company Suntel in Sri Lanka with responsibility for HR, organization and culture. It was an intense two years where I got to meet a competent and language-savvy workforce. Many years later, I was asked to sit on the board of the Sri Lankan Children’s Association (SLBV), supporting vulnerable children and young people to make a difference in their lives and futures.

What are your driving forces?

Basically, I am a curious and stubborn entrepreneur. I have a curiosity for people and cultures – not only corporate culture. I want to help build value-driven organizations, which has been a common thread throughout my career. When I started my career, the HR function was relatively obscure, reporting to the Chief Financial Officer. A lot has happened since then. I have sat on several management teams of international telecom companies with responsibility for HR and Organization. Modern organizations need to value culture and organizational issues as business critical. There is no alternative.

What do you want to contribute to the work of the board?

I hope to contribute with my many years of experience within IT and telecom. Sri Lanka has a growing high-end IT sector. Too few in the Swedish business community are aware of this. I want to help raise awareness, both of the sector specifically and of Sri Lanka in general. I also hope to share my experience of developing corporate cultures and value-driven organizations with our members in various ways.

What is your relationship with Sri Lanka?

I first came to Sri Lanka in 1983 when I had the opportunity to adopt one of my daughters. It was an overwhelming experience during the burning civil war. In 1996, I was asked to help set up the telecom company Suntel in Sri Lanka with responsibility for HR, organization and culture. It was an intense two years where I got to meet a competent and language-savvy workforce. Many years later, I was asked to sit on the board of the Sri Lankan Children’s Association (SLBV), supporting vulnerable children and young people to make a difference in their lives and futures.

What are your driving forces?

Basically, I am a curious and stubborn entrepreneur. I have a curiosity for people and cultures – not only corporate culture. I want to help build value-driven organizations, which has been a common thread throughout my career. When I started my career, the HR function was relatively obscure, reporting to the Chief Financial Officer. A lot has happened since then. I have sat on several management teams of international telecom companies with responsibility for HR and Organization. Modern organizations need to value culture and organizational issues as business critical. There is no alternative.

What do you want to contribute to the work of the board?

I hope to contribute with my many years of experience within IT and telecom. Sri Lanka has a growing high-end IT sector. Too few in the Swedish business community are aware of this. I want to help raise awareness, both of the sector specifically and of Sri Lanka in general. I also hope to share my experience of developing corporate cultures and value-driven organizations with our members in various ways.