Sri Lanka exports jump on EU, US demand for garments
COLOMBO, August 22, 2014 (AFP) - Sri Lanka's trade deficit narrowed substantially this year thanks to increased demand for clothing exports to the United …
Apparel
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Sri Lanka’s branded apparel makers eye bigger domestic market
June 23, 2014 (LBO) Sri Lanka’s apparel makers are targeting a bigger share of an estimated two billion US dollar domestic market, officials said. The …
Sri Lanka MAS Holdings mulls stores in India; East Asia entry: report
June 09, 2014 (LBO) - Sri Lanka's MAS group, a lingerie producer, is mulling an own-store chain in India and expansion into East Asia, a media report said. …
Sri Lanka’s Brandix seeks disruptive innovations
Mar 04, 2014 (LBO) - Sri Lanka Brandix, an apparel sector group said it is committing up to a million US dollars to start-ups that will find 'game changing' …
Sri Lanka’s Textured Jersey exports technical services to India
Nov 07, 2013 (LBO) - Sri Lanka based Textured Jersey Lanka Plc said it would provide technical services to Ocean India Private Ltd, a knit fabric maker in …
Sri Lanka’s Hayleys MGT Knitting Mills turns around
Nov 06, 2013 (LBO) - Sri Lanka's Hayleys MGT Knitting Mills Plc, a knit fabric maker said it had turned around with a profit of 164,000 dollars in the …
Sri Lanka’s MAS Active gets IFC trade finance
Nov 06, 2013 (LBO) - International Finance Corporation, a World Bank arm said it had given a supplier finance credit line to MAS Active, a top Sri Lanka based …
Textured Jersey Sri Lanka net up 68-pct
Oct 31, 2013 (LBO) - Profits at Sri Lanka's Textured Jersey Lanka Plc, a fabric maker, rose to 263 million rupees in the September 2013 quarter up 68 percent …
Sri Lanka textile mill ups export to Bangladesh, but losses mount
Aug 22, 2013 (LBO) - Kuruwita Textile Mills Plc, a unit of Sri Lanka's Brandix Apparel group said exports to Bangladesh rose in the June 2013 quarter but …
Sri Lanka Textured Jersey net up, says orders strong
July 25, 2013 (LBO) - Sri Lanka's Textured Jersey Lanka (TJL), a knit fabric maker, said profits rose 40 percent to 240 million rupees in the March 2013 …
Top retailers, unions to inspect Bangladesh factories
DHAKA, July 7, 2013 (AFP) - Seventy top retailers have pledged to improve worker safety and allow inspection of all of their garment factories in Bangladesh …
US move to cut trade GSP privileges ‘shocking’: Bangladesh
DHAKA, June 28, 2013 (AFP) - A furious Bangladesh on Friday criticised a "shocking" decision by the United States to cut trade privileges after a deadly …
Sri Lanka’s Textured Jersey net up 47-pct
May 06, 2013 (LBO) - Sri Lanka's Textured Jersey Limited, a knit fabric maker, said net profits for the March 2013 quarter rose 47 percent to 321 million …
Sri Lanka textile mill boosts revenue, profits
Feb 20, 2013 (LBO) - Sri Lanka's Kuruwita Textiles said boosted revenues 31 percent in the December 2012 quarter from a year earlier and profits rose 20 …
Sri Lanka knit fabric maker’s profits surge on stronger margins
Feb 08, 2013 (LBO) - Textured Jersey Lanka Plc, a unit of Sri Lanka's Brandix apparel group and Hong Kong based Pacific Textured Jersey said profits rose 94 …
Sri Lanka knit fabric maker reduces losses
Feb 05, 2013 (LBO) - Sri Lanka's Hayleys MGT Knitting said it lost 110 million rupees in the December 2012 quarter down from a loss of 156 million rupees a …
MAS Holdings Sri Lanka sets up US$70mn knitting plant
Nov 29, 2012 (LBO) - Sri Lanka's MAS Holdings, an apparel exporter is setting up a 70 million US dollar knit fabric plant at its own industrial park, the state …
Sri Lanka knitted fabric maker cuts losses
Nov 06, 2012 (LBO) - Sri Lanka's Hayleys MGT Knitting Mills Plc, knitted fabric marker said it has cut losses and improved gross margins after going through a …
Sri Lanka’s MAS group launches amanté lingerie in home market
Oct 24, 2012 (LBO) - Sri Lanka's MAS group, which claims to be South Asia's largest lingerie maker with a billion US dollars of annual revenues has launched …
Sri Lanka raids fake ICC T20 cricket clothing stores
COLOMBO, Sept 19, 2012 (AFP) - Sri Lanka's police raided a factory turning out counterfeit ICC World Twenty20 T-shirts and seized stocks of spurious …