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Anglostratits
February 27, 2023
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ApparelBusiness & Economy

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

6min
      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 […]
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February 15, 2023
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AchievementsApparelBusiness & Economy

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

5min
      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 […]
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November 9, 2022
Brandix-Corporate-Campus-launches-flagship-Advanced-Diploma-in-Fashion-Apparel-Textiles-LBN.jpg
Business & EconomyEducation & HR

Brandix Corporate Campus launches flagship Advanced Diploma in Fashion, Apparel & Textiles

5min
      November 2022, Colombo: Brandix Corporate Campus (BCC), a subsidiary of Brandix Lanka Limited, recently announced the launch of its flagship Advanced Diploma in Fashion, Apparel & Textiles. Adding to its growing list of pioneering clothing technology courses offered to those interested in becoming professionals in the apparel industry, this new Advanced Diploma […]
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November 9, 2022
Tejas-Sampat-Senior-Director-Corporate-Responsibility-SA-and-Global-Sustainability-Offshore-PVH-Corp.-LBN.jpg
ApparelBusiness & Economy

Brandix to host Sustainability Summit for 2nd consecutive year

5min
      November 2022, Colombo: Brandix Apparel Ltd. is gearing up to host its much-anticipated Sustainability Summit for 2022. Held for the second consecutive year, Brandix intends to focus this year’s iteration on discussions encompassing varied aspects of Environmental, Social and Governance (ESG) through this virtual summit. Taking place on Tuesday 22nd of November […]
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September 12, 2022
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ApparelBusiness & EconomyLifestyle

“There is opportunity in crisis” – JAAF Secretary General

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 […]
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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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