Apparel Buzz

Sri Lanka’s premier fashion retail store Fashion Bug was the venue for the 25th outlet of Amante, the exclusive lingerie line by MAS which is fast gaining popularity both here and abroad.

IFS, the global enterprise applications company, announces that Foundation Garments (Pvt) Ltd, a Sri Lankan apparelmanufacturer which is a fully owned subsidiary of Jinadasa Holdings has chosen IFS Applications to streamline its business processes. The solution would cover many processes which are specific to the apparel industry specially finance, distribution and the much required merchandising functionality

Sri Lanka is famous for Ceylon Tea, gems and perhaps, of late, apparel. Stemming as an offshoot of the latter but with wide benefits to other sectors is the design industry. A top UK qualified professional in the field of design and currently heading a top academy in Colombo, Karen Macleod strongly believes that given the inherent skills of the people, Sri Lanka in the future will have a new economic stream – a creative industry that is unique in the region. However, she emphasises that due recognition from the industry as well as parents is critical.

 Rs. 0.58/share final dividend brings the FY12/13 combined  pay-out to 80% of FY12/13 full year profits

As per the latest results released to the Colombo Stock Exchange (CSE), Textured Jersey Lanka PLC (TJL), Sri Lanka’s leading provider of knit fabric, started the new financial year posting an impressive Rs. 240 million net profit for the quarter ended 30 June 2013 (1Q FY2013/14), representing a strong 40% year-on-year growth.

The SLASA Sundown Meeting was held on Thursday, 11th July 2013 at The Kingsbury Hotel, Colombo 01, from 6.30 p.m. onwards to assess where the industry stands when comparing with others in the region.

Tunisia, the smallest country in North Africa, has invited Sri Lankan apparel manufacturers for forming joint ventures with their Tunisian counterparts.

Due to the existing free trade agreement (FTA) with the EU, and its close proximity to Europe, Tunisia has become a high-end, high-speed apparel supplier to the European countries, Tunisian Ambassador to Sri Lanka, Tarek Azouz told Sri Lankan Minister of Industry & Commerce Rishad Bathiudeen at a meeting in Colombo.

Zolla became the latest addition to our membership of SLASA and it’s now our member

Zolla, a fashion company from Russia launched its Zolla Fall – Winter advertisement campaign last week in Sri Lanka proving that Sri Lanka is becoming a key player in the Fashion industry of Russia. This is a stepping stone indeed for Sri Lanka to take the initiative in fashion and brand themselves in South Asia. Zolla is one of the best known fashion brands in the Russian Federation. It is an internal brand in Russia. They have over 300 clothing stores but the manufacturers are not in Russia. All the manufacturers are from China, Slovania and Sri Lanka.

Narrow fabrics and knitted elastics supplier Stretchline has launched a new elastic to help lingerie and activewear manufacturers improve fit and comfort for their customers. 

Sri Lanka-based MAS Fabrics is set to showcase their latest line of fabric and trim solutions for intimate apparel and swimwear products at Interfiliere 2013 (Stall S39).

Given the complex construction of the garments and the number of components essential in the manufacturing process (e.g. a bra has over 30 components), MAS Fabrics presents a unique value proposition with its one-stop-shop solution for requirements across lace, fabrics, elastics, moulded cups and accessories.

Sri Lanka's garment industry is targeting higher-end Chinese consumers, with total apparel exports to China growing twenty-fold - from US$0.7m in 2010 to US$15m in 2012.

To assess where the industry stands when comparing with others in the region, the Sri Lanka Apparel Sourcing Association (SLASA) will be holding a meeting on 11 July 2013 at The Kingsbury, Colombo, from 6.30 p.m. onwards.

Due to popular demand, the Sri Lanka Fashion and Apparel Awards are now open for entry until 25 July 2013. This will be the last chance to submit your entry and be in with a chance of winning one of the most prestigious awards in fashion and apparel manufacturing in Sri Lanka.

Sri Lanka Fashion and Apparel Awards - Deadline Extended

The face of Lois London - Radhika Perera-Hernandez

Helping women become better business leaders is just one part of MAS Holdings’ culture of new thinking, says Chairman Mahesh Amalean

The Joint Apparel Association Forum (JAAF) has expressed delight at the announcement that consequent to President Mahinda Rajapaksa’s visit to China, a number of Memorandums of Understanding (MoUs) had been signed to improve and strengthen bi-lateral economic relations between the two countries, particular on trade investment and tourism.

Japan’s top global player in the fabric cutting quality product industry, Shima Seiki, is going places, venturing into the Sri Lankan market with its P-CAM technology through its local distributor Tajima Colombo Ltd. which will bring value addition to the local market which is a hub for lingerie.

Brandix has been recognised at the highest level as the largest private sector blood donor in Sri Lanka, in acknowledgement of an aggregate 10,000 pints of blood donated voluntarily by the group’s employees.

The struggle to find water has ended for 460 families and some of the neighbours who shared their plight, thanks to the continuing efforts of Brandix under its ‘Mehewarata Diyawara’ (Care For Our Own) water supply program.