Textured Jersey Lanka net up 93-pct to Rs399 mln in quarter
Press Release: The TJL Group (TJ) has reported eight straight quarters of strong quarterly profit growth. The Q1 2016/17 performance has proved to be the …
Apparel
Textured Jersey profit up 63 pct, eyes growth from acquisitions
July 26, 2016 (LBO) - Textured Jersey, a leading knitted fabric company, said profits after tax grew by 63 percent to reach 2.2 billion rupees in the year to …
Sri Lanka’s progress on commitments important for GSP+, euro 210 mn grants: EU
July 20, 2016 (LBO) – European Union has drawn the attention of Sri Lankan officials to the importance of continued positive progress in fulfilling Sri …
Brexit won’t have major impact on Sri Lankan apparel: Colombo Chamber
July 08, 2016 (LBO) – Sri Lanka needs to develop a strong local economy that is not vulnerable to changes caused by international incidents, president of …
In Pictures: Swim Week 2017 highlights new designs and Colombo port
Day 1 of Swim Week Colombo kicked off on Friday showcasing designs by Sri Lankan and international designers at the ECT Terminal of the Colombo Port. The …
Sri Lanka’s Royal Turf Club unveils plans for next racing season
June 23, 2016 (LBO) - Sri Lanka's Royal Turf Club (RTC) has several plans to popularize horse racing and the next racing season in Nuwara Eliya, with a …
Thermo Plastics receives Marks and Spencer (UK) ECO Certification
Thermo Plastics (Pvt) Ltd, a leader in apparel packaging in Sri Lanka has once again been recognised for its commitment to the society and environment in which …
Linea Aqua Reaffirms Carbon, Water & Waste Conscious Status
Jun 21, 2016 (LBO) – Sri Lanka's Linea Aqua, a swimwear manufacturer, said that they have reinforced their standing in environmental sustainability by …
EU lifts fishing ban, unofficial talks to finalize GSP+ application: PM
June 17, 2016 (LBO) – Sri Lanka has been removed from the list of third countries (countries outside the EU) not cooperating in the fight against illegal, …
Designer swimwear show to be held at Colombo Port
June 07, 2016 (LBO) - Colombo Fashion Week will showcase the latest trends in swimwear from June 24-26 at the ECT Terminal of the Colombo Port, organizers …
Sri Lanka’s Amanté to sell lingerie in Pakistan
May 24, 2016 (LBO) – Sri Lanka's Amanté lingerie has opened its first flagship store in Pakistan in May at the Dolman Mall, Karachi. This is the first …
Textured Jersey closes 2015/16 on YTD net profit of Rs. 2.1bn, 63-pct growth
May 19, 2016 (LBO) - Sri Lanka's TJL Group (TJ), a knit fabric manufacturer said its year to date net profit was 2,172 million rupees while the revenue …
Italy to explore apparel, renewable energy prospects in Sri Lanka
May 18, 2016 (LBO) – Deputy Foreign Minister of Italy Senator Benedetto Della Vedova will make an official visit with a business delegation to Sri Lanka from …
China FTA talks in June; TPP may affect Sri Lanka apparel exports: Bathiudeen
May 02, 2016 (LBO) – Arrangements are under way to hold the third round of negotiations for China-Sri Lanka FTA in June this year, Industry and Commerce …
Trade agreements could propel Sri Lanka’s apparel: World Bank
Apr 27, 2016 (LBO) – Sri Lanka could enter into more trade agreements to help diversify export destinations for existing apparel products, a new World Bank …
Sri Lanka explores possibility to join TPP: Foreign Minister
Feb 26, 2016 (LBO) – Sri Lanka’s government is currently exploring the possibility of applying to join the Trans-Pacific Partnership very seriously, …
Embark’s new Christmas concept – product range a call to ‘Love the Fashion, Feel the Passion’
This season, Embark, the unique fashion label with a cause, has promised ‘a shopping experience from the heart’ with a refreshingly sincere Christmas …
Sri Lanka’s clothing industry looks to improve competitiveness: OBG
Dec 01, 2015 (LBO) - With an eye on the target of reaching 8.5bn dollars worth of clothing exports per annum by 2020, Sri Lanka’s apparel manufacturers are …
Textured Jersey to offer share options to employees
Sept 30, 2015 (LBO) – Sri Lanka’s Textured Jersey Lanka says it will implement an employee share option scheme (ESOS) for directors and selected executives …
Brandix allocates Rs5 mn for each model village in CSR project
Aug 27, 2015 (LBO) - Sri Lankan apparel exporter Brandix says it plans to allocate five million rupees for each 'model village' it supports with improved water …