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Friday November 13th, 2026
Apparel

Sri Lanka's MAS Holdings signs agreement to buy Ambercycle material

Three-year offtake agreement to buy recycled material.

June 11, 2024 2 min read

Visiting China Garment Association members meet Sri Lanka firms

Objective of this high-level delegation was to bolster existing trade relations, explore fresh avenues of collaboration

May 15, 2024 1 min read

Sri Lanka's Hela Apparel Holdings to directly own Mauritius unit

Hela Apparel Holdings Plc to buy 99,000 shares in Mauritius incorporated company called Hela Brands Limited.

March 28, 2024 1 min read

Sri Lanka textile and apparel roadshow to be held in London

Sourced Sri Lanka – Textile and Apparel Roadshow, first UK export promotion program for Sri Lankan garments

February 7, 2024 1 min read
Sri Lanka’s apparel sector to boost ESG reporting with ITSB programme

The programme comes at a time when global buyers are increasingly prioritising traceability and ethical sourcing,

Sri Lanka leader discusses challenges in exports amid unfinished Trump tariff deal

Sri Lanka's export sector is facing risks due to Trump tariff

Sri Lanka’s Odel lobbying for lower import duties, to lure tourists

Sri Lankan retailer Odel is lobbying the government to reduce import duties and help make the island an attractive shopp...

September 6, 2019 2 min read
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Tariffs push some US firms to exit China for Sri Lanka, Bangladesh

As fresh US tariffs on Chinese imports kick in, Illinois-based phone accessories manufacturer Ben Buttolph has been urge...

September 5, 2019 4 min read

Teejay Lanka to up revenues to US$300mn with productivity driven capacity boost

Teeja Lanka Plc, a apparel maker which has operations in Sri Lanka and India is planning to grow revenues 50 percent in ...

September 2, 2019 3 min read

Sri Lanka’s Hirdaramani apparel exporter in circular economy push, cuts waste

Sri Lanka’s Hirdaramani Group has teamed up with the Ellen MacArthur Foundation’s ‘Make Fashion Circular’ initia...

August 29, 2019 2 min read

Sri Lanka's Teejay Lanka net up 62-pct on strong orders, rupee collapse

Sri Lanka's Teejay Lanka Plc, a fabric maker which also has facilities in India said profits grew by 62 percent to 453 m...

August 1, 2019 2 min read

Sri Lanka's Teejay eyes sales to new apparel plants in Africa, South Asia

Sri Lanka's Teejay Lanka Plc, one of South Asia's largest fabric mills, is eyeing sales to new apparel factories being s...

July 26, 2019 2 min read

Teejay Sri Lanka to make lace with LFT of China

Sri Lanka's Teejay Lanka Plc, one of South Asia's largest fabric mills, is planning to diversify into lace production in...

July 25, 2019 1 min read

MAS Holdings to develop wearable menstruation tech for Sri Lankan women

MAS Holdings, an apparel manufacturer, is working on wearable technology to make menstruation more bearable for Sri Lank...

April 2, 2019 3 min read

Sri Lanka apparel exports cross US$5bn with record US holiday season

ECONOMYNEXT- Sri Lanka's garment and textile exports in 2018 had grown 5 percent from a year earlier to 5 billion US dol...

January 30, 2019 2 min read

Sri Lanka's Hayleys Fabric profits surge in December quarter

Profits at Sri Lanka's Hayleys Fabrics Plc surged to 107.6 million rupees in the December 2018 quarter, compared to a 10...

January 22, 2019 1 min read
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Flagging Victoria's Secret announces new lingerie CEO

US lingerie giant Victoria's Secret announced Monday that it had appointed fashion executive John Mehas as new lingerie ...

November 20, 2018 3 min read

Sri Lanka’s Teejay Lanka Sept quarter net profit up 15-pct

ECONOMYNEXT – Teejay Lanka said net profit rose 15 percent to 426 million rupees in the September 2018 quarter fr...

October 31, 2018 1 min read

Sri Lankan retailers need to integrate sustainability into business

ECONOMYNEXT - Sustainability needs to become a part of how business is carried out and not just something to do on the s...

October 23, 2018 2 min read

Sri Lanka cuts value added tax on fabric imports to 5-pct

ECONOMYNEXT – Sri Lanka’s government said it has slashed value added tax on fabric imports to five percent...

September 17, 2018 2 min read

Sri Lanka design school and Bangladesh plan eco-friendly jute apparel

Sri Lanka and Bangladesh apparel makers are in high-level discussions to deepen collaboration around innovation with pla...

Devan Daniel
August 18, 2018 3 min read

Sri Lanka apparel exports grow 12-pct in June 2018

ECONOMYNEXT- Sri Lankan apparel exports grew 12.1 percent from a year earlier to 427 million US dollars in June 2018, wi...

August 6, 2018 2 min read

Sri Lanka's Hayleys Fabric back in profit in June quarter

ECONOMYNEXT –Sri Lanka's Hayleys Fabric returned to profit in the June 2018 quarter with net earnings of 16 milli...

August 1, 2018 2 min read

Sri Lankan apparel exporter sets up employee training facility

ECONOMYNEXT – Brandix, a top Sri Lankan apparel exporter and one of the biggest employers in the industry, has se...

July 30, 2018 2 min read

Sri Lanka's Teejay Lanka June quarter net profits up 27-pct on GSP Plus

ECONOMYNEXT - Profits at Sri Lanka's listed fabric maker Teejay Lanka grew 27 percent from a year earlier to 279.3 milli...

July 26, 2018 2 min read

Sri Lanka apparel exports rebound in May 2018

Sri Lanka’s apparel exports bounced back in May 2018 growing 9.3 percent from a year earlier to 375 million US do...

July 8, 2018 1 min read