Apparel Archives - Lanka Business News

December 18, 2024

This year, 102 female trainees from leading factories, including Brandix Lanka, Courtaulds Clothing Lanka and Hirdaramani Apparel marked their journey of transformation. There were 81 trainees who moved from team member to supervisor and while another 21 trainees went from supervisor to executive. Since its pilot phase in Sri Lanka, the GEAR program has facilitated remarkable […]

December 13, 2024

Kurunegala, December 4, 2024 — Hela Apparel Holdings proudly celebrated the accomplishments of over 100 graduates during a certificate award ceremony held at the NIBM Auditorium in Kurunegala. This event recognised participants of the IT and English courses provided under the Hela Diridaruwo initiative and the Techno Entrepreneurship Course held under the Hela Diriliya initiative, […]

November 18, 2024

Hela Apparel Holdings PLC has announced a significant improvement in its financial performance during the quarter ended 30th September, with a return to operating profit for the first time in eight quarters. This positive result highlights the recovery of demand conditions in its key export markets and underscores the successful outcomes of its ongoing restructuring […]

November 4, 2024

“The job of the government is to protect both the employer and employee”- Noel Priyathilaka The Sri Lankan apparel sector has faced many challenges in recent years. Beyond the well-documented local challenges, the industry has also had to grapple with challenges originating from afar such as Covid-19 and the resultant economic uncertainties in the subsequent […]

October 23, 2024

Hela Apparel Holdings PLC, the publicly-listed fashion conglomerate headquartered in Sri Lanka, recently announced an exclusive long-term partnership with Authentic Brands Group to design, manufacture, and sell Reebok-branded outerwear across the UK and Europe. This collaboration marks a significant milestone in expanding the Hela Group’s offering to the fashion industry by fusing its design, manufacturing […]

October 15, 2024

14th October 2024, Colombo, Sri Lanka: Hela Apparel Holdings PLC has confirmed the successful completion of its rights issue, raising Rs. 1,596,826,135 through the issue of shares. This achievement reflects the strong support of the company’s shareholders and will contribute to the strengthening of the Hela Group’s balance sheet for future growth. The rights issue […]

September 26, 2024

The European Union (EU), with its vast market of over 448 million consumers, has always been a key destination for Sri Lankan apparel exports. Known for its high-quality and ethically produced garments, Sri Lanka has secured a strong foothold in this competitive space. However, new sustainability and labelling requirements introduced by the EU present both […]

July 11, 2024

By Felix A. Fernando – Chief Executive Officer and Managing Director of Omega Line Ltd and Deputy Chairman Joint Apparel Association Forum (JAAF) In the face of global economic challenges, the apparel industry has struggled to maintain its footing. Yet, within this turbulent landscape, Italy has proven to be a significant export destination in […]

May 16, 2024

15th May 2024, Colombo, Sri Lanka: The brand licensing division of Hela Apparel Holdings PLC, Focus Brands, has announced a strategic partnership with Tesco introduce its Peter Werth and Fenchurch fashion brands to the retailer’s stores across the UK. The collaboration further enhances the Hela Group’s long-standing relationship with one of the UK’s largest retailers […]

March 15, 2024

The-LCY-Store-at-OGF-Mall-L3-Store-No.-25-LBN.jpeg

LCY, a brand synonymous with manufacturing high-quality men’s polos of international standards, has proudly dominated the local market for the past three decades. Mastering the craft of polo manufacturing with top-notch materials and contemporary designs, LCY now debuts its highly anticipated Women’s Polo Range, ‘LCY for Her.’ This collection offers a diverse range of polos, […]

Threads of change: GEAR’s class of 2024 redefines the future of apparel

Hela Apparel Holdings Celebrates Over 100 Graduates at NIBM Certificate Award Ceremony

Hela Apparel Holdings PLC Reports Significantly Improved Financial Performance in Q2 FY 2024/25

Reforming Termination Laws: Strengthening Sri Lanka’s Apparel Industry and Social Security

Evolving Apparel Industry Models: Hela and Reebok’s partnership to capitalize on verticality

Hela Apparel Holdings PLC Completes Successful Rights Issue, Raising LKR 1.6 Billion

Navigating new EU sustainability and labelling requirements: Challenges and opportunities for Sri Lankan apparel

Lessons from Italy’s Growing Love Affair with Sri Lankan Apparel

Major UK Retailer Tesco set to introduce two fashion brands owned by Hela across its stores

LCY Unveils Debut ‘LCY for Her’ Collection, Redefining Women’s Polo Wear with Strength, and Sophistication