October 20, 2022
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5min
      Powerful message at SLASA AGM aimed at rebuilding industry for 2025 target of USD 8 Bn Build on relationships, emphasize on service & adaptability, become preferred destination Colombo Sri Lanka 19th October 2022: The Sri Lanka Apparel Sourcing Association held its 25th Annual General Meeting recently under the aegis of the Charge […]

September 12, 2022
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47min
        ●        Apparel industry proves resilient in the face of adversity ●        Total apparel exports in July 2022 ($ 522.14 million) – 22.4% increase YoY As Sri Lanka struggles with the ongoing economic crisis, the country’s trade balance recorded a surplus last July. While this surplus reflects the continued decline in import […]

September 6, 2022
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4min
      International apparel firms are doubling down on their investments in Sri Lanka and are expanding their production capacities, sending positive signals even in the midst of a historic economic meltdown. An internationally reputed producer of accessories for the global lingerie industry – Prym Group is a company with a rich legacy of […]

September 1, 2022
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6min
      Sri Lanka an integral part of the Company’s manufacturing Strategy Large fashion brands typically need several manufacturing bases, especially to reduce the business risk of disruptions stemming from production being concentrated in one location. In selecting geographical locations for such bases, multiple criteria need to be considered. Shipping lead time is one […]

August 15, 2022
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4min
          ● ETI and AAFA have extended their support to the apparel industry. ● JAAF welcomes this move as it complements and enhances worker welfare measures already taken by the industry. ● Demonstrates international brands commitment to Sri Lanka as a long term sustainable partner 14 August, 2022: As Sri Lanka […]

August 2, 2022
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15min
        South Asian nation among handful that scores high in all key criteria – Stretchline    Globally successful manufacturing destinations for high-end apparel have three defining characteristics.  Firstly, they have robust secondary supply chains – which are critical to ensuring the timely availability of all required inputs. The importance of this becomes apparent […]


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Lanka Business News is amongst the leading online Business News portals in Sri Lanka, unique for its focus on contemporary business news relevant across multiple industries operating in the country. We present not only the news, but a perspective based on observations and possible implications of a prevailing news item. LBN also provides an insight to the impact of a global economic or industrial development, thus helping stakeholders make informed and calculated decisions.




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