22. December 2024
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May 16, 2024
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ApparelBusiness & Economy

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

5min5
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 […]
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February 27, 2023
ApparelBusiness & Economy

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

6min1
      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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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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