Sri Lanka’s Hela Clothing aims to be $300-mn firm by 2020

2018/07 12 10:07

Courtesy: Hela Clothing The $200-million Sri Lankan apparel company Hela Clothing aims to be a $300-million firm by 2020 and the efforts to achieve that target started two years back, according to Buddhi Paranamana, the company’s general manager, innovation and strategy. The firm made significant investments in Kenya and Ethiopia and now employs 5,000 people […]

Sri Lanka’s MAS Holdings mounts solar panels across plants

2018/07 12 10:07

Courtesy: Mas Holdings Sri Lankan apparel conglomerate MAS Holdings (Pvt.) Ltd. recently launched its renewable energy drive ‘Photon’, which will see installation of 24 rooftop solar photovoltaic (PV) systems covering 2 million sq ft, from Kilinochchi to Koggala. Commissioning of the first two phases of the project is under way and will realise a combined […]

MAS invests in software solution CleanChain by ADEC

2018/06 26 06:06

Courtesy: ADEC MAS Holdings (MAS), a leading manufacturer of intimate apparel, sports, swim and performance wear, has invested in the software solution CleanChain, an ADEC innovation, in its quest to become a zero toxic manufacturer. CleanChainwill be used by the group to manage chemical use throughout MAS' global manufacturing operations and supply chain. As part […]

Sri Lanka wants $500 mn apparel trade deal with India

2018/06 07 14:06

Sri Lanka is reportedly hopeful of convincing India to remove the quota system for its apparel industry and instead wants a $500-million trade deal. The two sides are at present discussing, under the Economic and Technological Cooperation Agreement (ETCA), the existing system that is limited to sale of eight million garment pieces annually worth $30 […]

Brandix’s female workers benefit from GAP’s P.A.C.E

2017/12 15 03:12

Winners of Outstanding Award for Exceptional Performance with Anusha Alles (extreme right) and Sakura Manthreerathne, P.A.C.E. specialist at Brandix; Courtesy: Brandix A group of 181 Brandix female associates have recently completed Personal Advancement and Career Enhancement (P.A.C.E.) programme provided by GAP Inc. The group included 29 associates from Brandix Fast Fashion I, 16 from Brandix […]

1st EU GSP+ guide for Sri Lankan exporters released

2017/12 12 15:12

Geneva-based International Trade Centre (ITC) and the Government of Sri Lanka have jointly produced the first comprehensive manual for Sri Lankan exporters to export under the European Union Generalized System of Preferences Plus (EU GSP+) scheme. The EU-funded ‘EU GSP+ Business Guide for Sri Lankan Exporters’ was released last week on the ITC website. The […]

Sri Lanka to set up 150 mini apparel units

2017/11 25 08:11

A mini apparel factory was opened recently at Sri Lanka’s Menik Farm village, a refugee camp earlier, as part of a new $1.8-million national apparel initiative at village levels that aims at setting up 150 such factories across the country in support of the government’s employment initiative. The project aims to engage 3,000 women in […]

Brandix signs JV with Best Pacific of Hong Kong

2017/11 23 06:11

In a joint venture (JV) with the global synthetic materials manufacturer Best Pacific of Hong Kong, Brandix, one of the leading exporters of Sri Lanka, will unlock opportunities in the fast-evolving domains of sportswear and athleisure. The JV will be managed by Best Pacific, a leading one-stop solutions provider in the synthetic segment. An agreement […]