La Mode Industries Adjudged

Outstanding SME
By : Jay Ablan, DTI-Camarines Sur

La Mode Industries was adjudged as one of the sixteen (16) Outstanding Small and Medium Enterprises (SMEs) in this year’s celebration of the SME Development Week. The award gives recognition to SMEs from across the country that achieved significant growth and improvement in business performance with the assistance of SME Development initiatives of the Department of Trade and Industry (DTI) together with various agencies.

La Mode Industries has also graduated this year from micro to small enterprise meaning the company supposed the Three Million Pesos (P3M) capitalization and generated two hundred fifty (250) jobs in Calabanga alone.

La Mode Industries has received its plaque of recognition from DTI Secretary Peter Favila during the Awarding Ceremonies at the 2005 SME Development Week held last July 20, 2005 at SM Megamall, Metro Manila. The activity was in time for the SME Exposition held on July 20-24, 2005 at same place, and the National SME Development Week celebrated last July 18-24, 2005. Afterwards the awardees were ushered to Malacañang Palace for an exclusive audience with Her Excellency President Gloria Macapagal Arroyo.

La Mode Industries, as part of its winnings, also received one free booth at the 2006 SME Exposition, one time participation to DTI-organized regional or national trade fair, free training courses at Philippine Trade Training Center (PTTC) and free product development consultations with the Product Design and Development Center of the Philippines (PDDCP) plus an all expense paid trip during the awarding.

La Mode Industries is owned and being managed by Mrs. Aurora Azañes Rico. The company ventures into manufacturing and exporting of ladies bag, pouches, bread trays, hampers and other gifts and houseware products. Its present markets include the countries of France, Greece, Italy, Portugal, Japan, Korea, Turkey and Belgium.