Vidhura Ralapanawe, along with four others worldwide is in the running to become a ‘Cultural Engineer’ at the Honda Dream Factory for his eco-friendly work. He tells Smriti Daniel what it’s all about
The Sri Lankan apparel manufacturing sector, which suffered a setback following the global economic turmoil in 2008, has started luring back overseas buyers, who had shifted their sourcing to other cost-competitive Asian countries.
“Mainly, Sri Lanka apparel’s overall offer is still relevant with our customers and they have a long and strong relationship with the vendor base here. Sri Lanka’s industry has also proven to be extremely resilient under trying conditions and continues to be a reliable supplier”, says M. Raghuraman, CEO – Corporate Marketing & Branding, Brandix Lanka Ltd.
Enters history books by securing latest Energy Management Systems certification in less than a month after its release
The Brandix Group has achieved another global first for Sri Lanka by becoming the first apparel manufacturer in the world to receive ISO 50001, less than a month after the stringent Energy Management Systems standard was introduced by the International Standards Organisation.
Sri Lanka Tourism marked its footprint with TRAIL, “A journey by the living, for life”, charity walk by joining the walkers at the Tourism premises Thursday morning. The charity walk commenced journeying on the 1 July 2011 from the southernmost point of Dondra and reached Colombo during early hours of Thursday.
Many staff members including the Chairman of Sri Lanka Tourism joined with the walkers as a mark of respect for this worthy course carried out by the organizers of this event.
Plans for expansion via Rs.1.2 billion IPO after; In FY 2011 revenue up 15% to $ 83.2 m and a net profit after tax up 23% $ 6.1m; Apparel sector bullish Chief Ashroff Omar says companies must grow to become regional players
By Uditha Jayasinghe
The Rs.1.2 billion Initial Public Offering (IPO) of Textured Jersey (TJ) is to tap into the “tremendous” growth expected for Sri Lanka apparel said a top industry expert yesterday insisting that the country’s target of US$ 5 billion revenue by 2015 will be reached earlier if current growth rates are preserved.
The Rs 1.2 billion Textured Jersey (TJ) Initial Public Offering (IPO) opening on July 7, will aim to increase the weft fabric production at its Seethawaka Industrial Zone factory by 40 percent.
“The weekly production of the factory is around 220 tonnes of weft fabric and we hope to increase it by 40 percent. The total cost of the expansion will be Rs 1.4 billion and the remainder of Rs 200 million will be funded by internally generated funds,” a company spokesman told Daily News Business yesterday.
The Joint Apparel Association Forum (JAAF) has urged the government to set up a knowledge-based apparel hub in Sri Lanka. It is confident of an additional annual revenue to the country of $ 1 billion through this move.
JAAF has proposed to the Government includes the creation of entrepot trading in the apparel sector
When TESCO decided to partner with Orsola de Castro to create a, ‘up cycled’ collection for their brand, Hirdaramani was the apparel manufacturer of choice to complete the partnership. Created at the Group’s ‘Green Factory’ Mihila (meaning Earth), the partnership offered perfect synergy between the sustainable aspirations of all the parties.
The founder of From Somewhere, an upmarket men's and women's fashion label specialising in off-cuts and 'waste' and the force behind ‘Esthetica’ a showcase for cutting edge eco designers, de Castro is the poster girl for the Ethical Fashion Movement.
Sri Lanka’s top apparel exporter Brandix has been commended as a role model for environment and employee friendly ethical manufacture at the House of Lords, the ‘Upper House’ of the British Parliament.
During a debate on ‘Ethical and Sustainable Fashion,’ Lord Sheikh, Conservative, a prominent personality in the House of Lords, said: “I was recently a member of the Parliamentary delegation to Sri Lanka, where we were taken to a factory belonging to Brandix, which makes garments for Marks & Spencer. The factory was eco-friendly, the working conditions were excellent and the staff were well paid. Such a factory is a role model for others to emulate.”
British retail giant Marks & Spencer plc (M&S) and MAS Intimates launched the world’s first Carbon Neutral Lingerie Range, taking another step towards sustainable apparel production. This project is part of M&S’ sustainability initiative, Plan A, launched in 2007 aiming to become the world’s most sustainable retailer by 2015.
Journal & Directory of the Sri Lanka Apparel Exporters Association, containing valuable information with regard to the apparel industry.
Issue No. 89