Apparel Buzz

Recognises long standing team contribution in Sri Lanka and India

next Sourcing, a wholly owned subsidiary of next Plc, UK, the retail clothing and accessory giant, hosted the Long Service Awards 2013 in Sri Lanka recently. The company organised an employee recognition awards program which was held at the Grand Ballroom, Hilton Colombo amidst a gathering of next team members, and was graced by Chanaka Perera, Regional Director for Sri Lanka, South India and Pakistan, Hugh McConnell, Senior Technical Manager and Wilhelm Elias, Senior Merchandise Manager. Chanaka Perera, Regional Director – next Sourcing for Sri Lanka, South India and Pakistan, commending the teamwork, said: “Our team

Fibres & Fabrics

MAS Holdings was declared winner of the prestigious Women’s Empowerment Corporate Leader 2012 award by The New Economy (TNE), a global multimedia platform that captures and commends the spirit of thought leadership.

The maiden Sustainability Report of Sri Lanka’s Brandix Group has received valuable third-party validation, being adjudged the ‘First Time Report Winner’ in the Large Scale category at the Sri Lanka Sustainability Reporting Awards presented by the Association of Chartered Certified Accountants (ACCA) Sri Lanka Liaison Office.

Some of the water supply projects donated to schools by Brandix under its World Water Day 2012 programme

What does the South Asian island nation Sri Lanka have to add to the most prestigious fashion event in the UK? A unique lesson on how fashion can encompass sustainability, heritage crafts and state-of-the-art green manufacturing.

Sri Lanka is to highlight how fashion can encompass sustainability, heritage crafts and state-of-the-art green manufacturing when it takes partin the International Fashion Showcase event that runs parallel to London Fashion Week.

Declares generous 62% dividend payout

Textured Jersey Lanka PLC (TJL), Sri Lanka’s leading provider of knit fabric to major global brands such as Victoria’s Secret, Marks & Spencer, Intimissimi and Decathlon, reported Rs. 365 m in net profit for the quarter ended 31 December 2012 (3Q FY2012/13), growing 95% compared to the same period last year, as per the financial results released to the Colombo Stock Exchange (CSE).

In a move to make Sri Lanka a greener nation, TJ produced the first GHG emission report in order to improve sustainability

Aiming to become the number one fabric mill in the South Asian region by 2014, Textured Jersey Lanka (TJ) PLC recently stepped up their game by becoming the first Sri Lankan corporate entity to publish a greenhouse gas (GHG) emission report and achieve the ISO 14064-1 standard for the period 1 April 2011 to 31 March 2012. The report was certified by the British Standards Institute (BSI).

The Institute of Chartered Accountants of Sri Lanka (CA Sri Lanka) recently received a tremendous boost following the appointment of two top companies to its diverse training partnership portfolio.

Combining strategy with style, ‘Brandix Stylish Marketer 2012’, the annual university fashion show organised by the Future Marketers Association, attached to the Department of Marketing Management University of Kelaniya, was held at the University premises recently.

Having completed a three-calendar cycle that explored Sri Lankans’ relationship with water – “Water in Vessels”, “Water in Reflection” and “Water in Life” – Brandix and Q&E embarked on an ambitious new investigation for the 2013 edition of the Brandix calendar. Like the ‘Water’ trilogy of calendars, the latest edition, entitled “Fashioning Sri Lankan Identity,” also examines Sri Lankan culture, this time through the lens of changing Sri Lankan fashions.All photographs were taken by LuxmanNadarajah, one of Sri Lanka’s most celebrated lensmen, who continues his collaboration with Q&E and Brandix to stunning effect here.

Avirate, the first premium women’s clothing brand in Sri Lanka, officially launched its work wear collection on 1 January 2013. The retailer recognises that women are playing an increasingly important role in the Sri Lankan economy and are the backbone of several of the most economically important sectors of the country. Further to that, they realise the demands of the fashion conscious working woman and is proud to present a collection that is both official and trendy.

Lumiere Textiles Limited, a US $ 15 million BOI (Board of Investment) approved investment for the production of knitted fabric in Sri Lanka successfully commenced delivering fabric for its first set of customer orders in November last year, the company said in a statement.

The apparel industry is set to generate an additional $ 1 b revenue by 2016 with the introduction of a new business model.

THULHIRIYA – What grips and torments the world today is the devastating impact on the environment by industrialisation – discharge of affluent water, waste and carbon emission, etc.

By Rashika Fazali

MAS Holdings is set to invest US$ 70 million on a fully-automated manufacturing plant, spread out over 200,000 sq feet, making it the largest manufacturing plant in the region. This plant will employ over 1,000 workers and is expected to be completed by end 2013.

MAS Holdings was lauded at the recently concluded National Green Awards for four manufacturing facilities that promoted a ‘cleaner and greener Sri Lanka’. Organized by the Central Environmental Authority of Sri Lanka for the second year running.

MillenniumIT, a leading technology solutions provider announced that MAS Holdings has gone live with Microsoft Lync, a state-of-the-art turnkey solution provided jointly by MillenniumIT and Dialog GSM.

Strategic location and smart business practices make Sri Lanka an ideal locale for businesses.