Apparel Archives - Page 3 of 7 - Lanka Business News

September 13, 2023

12th September 2023: The Joint Apparel Association Forum (JAAF) welcomes the recent cabinet approval for the deferment of the Simplified Value-Added Tax (SVAT) scheme, set to now take effect from April 1st, 2025. JAAF is particularly appreciative of the decision to ensure that a “strong tax repaying mechanism” is in place before […]

August 28, 2023

C-Four Industries Private Limited (www.cfour.lk), an award-winning mosquito net manufacturer, bagged the gold award in the textile, apparel and fashion category at the Small and Medium Enterprises Development Awards (SMEDA) 2022 organised by the Sri Lanka Institute of Marketing (SLIM). The Managing Director of the C-Four Industries, Chinthaka Silva received the Gold […]

August 18, 2023

amanté, Sri Lanka’s leading intimate apparel brand, has unveiled its newest independent boutique in Negombo – the 5th in the label’s growing portfolio of stores across the country. The grand opening, held on Thursday the 10th of August, was officially inaugurated by Chief Guest Darshi Keerthisena – of Buddhi Batiks fame- in the presence […]

May 15, 2023

15th May 2023: In 2020, the Hirdaramani Group announced their Future First initiative, a truly ambitious and comprehensive Sustainability Roadmap for 2025. As part of their commitment to transparency and accountability, the Group has released their second annual Sustainability Report with detailed data-driven updates on Hirdaramani’s progress in 2022 towards achieving the […]

May 15, 2023

MAS Foundation for Change, the non-profit arm of South Asian apparel tech conglomerate, MAS Holdings, announced direct-to-consumer intimate apparel brand Adore Me, a Certified B Corporation™, as the funding partner for its recently launched mangrove restoration project. Sri Lanka, where the MAS Foundation for Change is headquartered, is a mangrove hotspot, home […]

April 21, 2023

Samson & Sons (Private) Limited, widely known as DSI, is a leading homegrown brand and manufacturer of footwear, apparel and bicycle tyres across the country and has established a strong reputation for quality products in Sri Lanka since its inception. In 2006, DSI launched ‘AVI’, a local sportswear brand and, owing to […]

March 31, 2023

Tesco reiterates confidence on SL’s apparel sourcing amid obstacles Says Sri Lanka will remain a significant sourcing destination for the retail giant Notes that the country must leverage on its strategic and accessible location It will be essential to promote Sri Lanka as a potential investment destination 30th March 2023: In the […]

March 7, 2023

Colombo, Sri Lanka, March 2023 – Star Garments Group, a leading global apparel manufacturer headquartered in Sri Lanka extended its support to the country’s Blue Carbon stock restoration. Via the signing of an MOU with the Wildlife and Nature Protection Society, Star to naturally regenerate mangroves across 3 hectares of land, located […]

February 27, 2023

27th February 2023, Colombo: Norfund, the Norwegian government’s investment fund, with a mission to support sustainably driven business operations in developing countries, recently signed a USD 14 million financing agreement with Hela Apparel Holdings PLC to bolster the development of its manufacturing operations in East Africa. NDB Investment Bank Limited acted as the […]

February 15, 2023

14th February 2023, Colombo: Hela Apparel Holdings PLC navigated an exceptionally challenging global operating environment during the third quarter of FY 2022/23. While the Group’s quarterly revenue of Rs. 21.8 Bn represented a 44.8% increase compared to the same period of the previous year, this primarily reflected the impact of the rupee’s […]

JAAF welcomes the Government’s decision to defer removal of SVAT

C-Four Industries honoured with SLIM SMEDA Gold Award

amanté expands exclusive store network with opening of Negombo boutique

Hirdaramani Apparel continues to showcase its commitment to sustainable manufacturing with the release of its latest Group Sustainability Report

MAS Foundation for Change partners with Adore Me on Mangrove Restoration

DSI obtains enjoining order against infringement of its AVI Brand

Tesco reiterates confidence on SL’s apparel sourcing amid obstacles

Star to power Sri Lanka’s Blue Carbon Stock Restoration

Norfund To Support the Development of Hela Apparel Holdings’ East African Manufacturing Operations with an Investment of USD 14 Million

Hela Apparel Holdings Navigates an Exceptionally Challenging Operating Environment During the Third Quarter of FY 2022/23