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Friday November 13th, 2026
Apparel

Sri Lanka's Hela Apparel buys UK-based Focus Brands

Focus Brands will form the basis for the organisation’s new brand licensing division

January 26, 2024 2 min read

Fitch downgrades Sri Lanka Hela Apparel Holdings

Sri Lanka's Hela Apparel Holdings was downgraded by Fitch Ratings to 'BB+(lka)'; Outlook Negative.

November 9, 2023 1 min read

Sri Lanka to set up cannabis export processing zone

Several investors have expressed interest

May 27, 2023 1 min read

Sri Lanka apparel association slams attack on foreign executive, calls for swift action

A security officer as well as the Omani national had been injured.

April 2, 2023 1 min read
US buyers in talks with Sri Lanka exporters to share Trump tax

And different percentages have been set as the expectations

'Transformational change' needed in Sri Lanka's apparel industry: EDB

ITC, GTEX host environmental compliance workshop in Colombo

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
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Sri Lanka apparel exports fall in April

Sri Lanka’s apparel exports for April 2018 fell 4.2 percent from a year earlier, amid a fall in exports to the US...

June 28, 2018 1 min read

Sri Lanka’s Teejay completes Indian expansion, doubles fabric capacity

ECONOMYNEXT – Sri Lankan fabric maker Teejay Lanka said it has doubled apacity of its Indian mill with the comple...

May 21, 2018 2 min read

Sri Lanka's Teejay Lanka March 2018 quarter earnings up 3-pct

Sri Lanka's Teejay Lanka, a fabric maker, says profits grew 3 percent from a year earlier to 508.4 million rupees in the...

May 9, 2018 2 min read

Sri Lanka apparel exports hit US$4.8bn in 2017

ECONOMYNEXT - Apparel shipments from Sri Lanka, its main industrial export, hit a high of US$ 4.81 billion in 2017, up 3...

February 1, 2018 1 min read

Sri Lanka's Hela Clothing plans Africa expansion after Ethiopia success

Sri Lanka based Hela Clothing said a factory set up in Ethiopia with 800 workers had become the most efficient in the co...

January 22, 2018 1 min read

Sri Lanka expects US$4.7bn from apparel exports in 2017

ECONOMYNEXT – Sri Lanka’s total apparel exports for 2017 are expected to be around US$4.7 billion with ear...

January 17, 2018 2 min read

Sri Lanka’s Brandix in JV with Best Pacific to make synthetic fabric

ECONOMYNEXT – Sri Lankan apparel exporter Brandix has signed a joint venture agreement with Best Pacific of Hong ...

November 20, 2017 1 min read

High cotton prices, taxes trim Sept quarter profits at Sri Lanka’s Teejay

ECONOMYNEXT - Sri Lankan export fabric maker Teejay Lanka Plc reported net profit fell 37% to Rs370 million in the quart...

November 1, 2017 2 min read

Komar opens garment innovation center in Sri Lanka

ECONOMYNEXT – Komar, a U.S.-based sleep and intimate apparel design, manufacturing and distribution company, has ...

October 23, 2017 1 min read

Sri Lanka apparel exporter in chemical leasing deal

ECONOMYNEXT - MAS Holdings, one of Sri Lanka’s top apparel exporters, has struck a chemical leasing deal a paint ...

October 2, 2017 2 min read