It is envisioned that local Point of Contacts (POC) during the one-year project period gradually should take over the maintenance of the installed equipment.
The acquisition is a strategic fit for the company as POC is a fast-growing brand globally with healthy margins and 35% growth in the prior fiscal year.
His response, in 1999, was to step back from his ready-to-wear design duties, handing the reins to one of his young designers in order to focus on a new project: A-POC, which stands for A Piece of Cloth, a revolutionary seamless tubelike fabric.