Category: Apparel

Oct 16, 2008 (LBO) – British high commissioner Peter Hayes said Thursday his government hopes Sri Lanka will be able to renew the GSP+ trade deal that allows duty free exports to the European Union. Britain hopes the government will be able to provide the evidence needed to show it has complied with the conditions […]

Oct 14, 2008 (LBO) – Sri Lanka’s apparel industry is aiming to increase export revenue despite tough market conditions, saying the spread of factories to rural areas has significantly raised living standards in villages.“Without this industry poverty would have been much higher,” said Ashraff Omar, a top exporter and member of the Joint Apparel Association […]

Oct 13, 2008 (LBO) – Sri Lanka’s government has formally applied to the European Union to extend the GSP Plus trade scheme under which the island’s exports gain duty free access, an official said.S Ranugge, secretary to the external trade ministry, said the government expects to know by December 15 whether or not the GSP […]

Sept 24, 2008 (LBO) – Sri Lanka has opposed a European Union probe into human rights in the island to see if it meets conditions required to renew a trade deal giving duty free access to European markets. Bogollagama sought the meeting with Ferrero-Waldner after learning of European Commission plans to conduct an investigation on […]

Sept 22, 2008 (LBO) – A senior European Union official said it does not want Sri Lanka to lose GSP+ trade concessions but the island must meet eligibility criteria to continue duty free market access to Europe under the deal. To receive instant alerts from LBO on your Dialog mobile type ‘lbo’ and send to […]

Sept 09, 2008 (LBO) – Sri Lanka’s Brandix, an apparel maker said one of its eco-friendly factories that made clothes for UK’s Marks & Spencer retail chain, had received a top rating from the US Green Building Council (USGBC). The USGBC, leadership in energy and environmental design ‘platinum’ rating was won by a 130,000 square […]

Aug 11, 2008 (LBO) – A European expert has advised Sri Lanka’s apparel industry to get closer to their markets and focus on a limited number of customers to survive the threats posed by growing competition and rising costs. Scheffer, who is a professor of fashion and textile management at the University of Netherlands, said […]

Aug 09, 2008 (LBO) – Sri Lanka’s clothing industry, one of its top export earners, is acquiring more marketing skills as fears grow over the looming loss of duty free access to European markets.It was organised by the JAAF and the Sri Lanka Apparel Marketers Alumni, professionals trained by the Sri Lanka branch of the […]

July 25, 2008 (LBO) – Hayleys MGT Knitting Mills, which supplies knitted fabric to Sri Lanka’s apparel industry, said June quarter net profit fell 19 percent to 705,228 US dollars (76 million rupees) after floods disrupted production.The company, a unit of the Hayleys group, said in a statement turnover grew 14 percent to 14.9 million […]

July 24, 2008 (LBO) – American & Efird Lanka (Pvt) Ltd. has secured a deal to be the preferred sewing thread supplier to Sri Lanka’s apparel industry for the third year running, a company statement said. A&E (Lanka) commands a large share of the Sri Lankan market for sewing thread. The company has signed a […]

June 6, 2006 (LBO) – A European Union delegation is due to visit Sri Lanka next week to discuss the renewal of trade concessions for exports, especially apparel, into the EU, a government minister said. The GSP Plus facility keeps over 350,000 people in direct employment in garment factories in Sri Lanka, Ambassador to the […]

June 6, 2008 (LBO) – Sri Lanka’s export promotion agency has named Brandix as the island’s top apparel exporter Friday, the group which employs more than 25,000 people, said. Brandix makes lingerie, casuals, sport wear, textiles, knitted fabrics, thread, accessories and hangers. It also has wet processing, finishing and fabric printing facilities. “The concluded year […]